374 Miller Ave | Mill Valley, CA 94941
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- LoopNet Team
374 Miller Ave
Mill Valley, CA 94941
Jiffy Lube Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASED OFFERING WITH JIFFY LUBE CORPORATE
- RARE 2.5% ANNUAL INCREASES - ONLY 1 (5) YEAR OPTION REMAINS
- LARGE CORPORATE GUARANTY (PENNZOIL QUAKER STATE DBA “SHELL”)
- EXTREMELY UNIQUE CORE BAY AREA NET LEASED OFFERING WITH REDEVELOPMENT POTENTIAL
- COVETED BAY AREA COMMUTER ENCLAVE WITH AVERAGE HOUSEHOLD INCOME OF $186,000
- UNDER THE TAX CUTS AND JOBS ACT (TCJA) OIL CHANGING STATIONS MAY QUALIFY FOR A 15 YEAR BONUS DEPRECIATION SCHEDULE (CONSULT YOUR CPA FOR INFO)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,692 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.30 AC
Zoning
CR
Parking
9 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
125’ on Miller Ave
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 028-213-37 | Improvements Assessment | $1,857,100 |
| Land Assessment | $2,069,340 | Total Assessment | $3,926,440 |
PROPERTY TAXES
Parcel Number
028-213-37
Land Assessment
$2,069,340
Improvements Assessment
$1,857,100
Total Assessment
$3,926,440
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