270 Miller Ave
Mill Valley, CA 94941
Guidepost Montessori · Office Property For Sale

Capital Pacific is pleased to present an opportunity to acquire Guidepost Montessori in Mill Valley, an irreplaceable single tenant asset in the affluent Bay Area region of Marin County. The 4,800 square foot property features a brand new, 20-year corporate-guaranteed lease with 2% annual rental increases and two 5-year options. It features excellent frontage on Miller Avenue, one of only two main commercial thoroughfares in Mill Valley, and directly leading to the 101 freeway, making this an ideal location for parents. The Subject Property has been renovated, including substantial building upgrades and a new roof. The Property is leased to Guidepost Montessori, the largest Montessori school operator in the United States. The lease is fully guaranteed by Guidepost’s parent company, Higher Ground Education (HGE), which operates 49 Guidepost locations in high demographic markets throughout the U.S. The Subject Property is located in Mill Valley, just 11 miles north of San Francisco and one of the wealthiest and most desirable communities in the Bay Area. The trade area boasts average household incomes over $189,000 within 1-mile and $175,559 within 5-miles. As a result of such affluent demographics, the current schools in this area are able to command extremely high tuitions. Additionally, the restrictive zoning and development laws in Mill Valley further benefit the property due to its existing use and license to operate a school.