513 E Francisco Blvd
San Rafael, CA 94901
Lexus of Marin · Retail Property For Sale

Marin County has a population of more than 260,955 residents and is included in the San Francisco-Oakland-Hayward, CA Metropolitan Statistical Area (San Francisco Bay Area), across the Golden Gate Bridge from San Francisco. As the 26th largest county in California, Marin currently has an approximate population of 260,955 residents. Boasting a median household income of approximately $103,845, Marin County ranks as the 13th highest household income county in the nation as of 2017. Marin County is the closest county to City of San Francisco, which allows for a short commute to world renown companies like Apple, Bloomberg, Visa, Google, Salesforce, and Spotify. This is a passive investment which offers security and growth of income over time, and it is ideal for a 1031 exchange. The Property is offered on an all-cash basis at a price of $18,111,000 or a 5.50% cap rate. The Property is extremely well-located within a predominant automotive corridor with prominent freeway visibility providing strong residual value and flexibility in the future. This is a passive investment for purchasers.