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820 D St
San Rafael, CA 94901
Retail Property For Sale


Investment Highlights
- High-Performing Veterinary Practice
- Advanced In-House Medical Capabilities
- Recently Paved Parking Lot (May 2026)
- Purpose-Built Veterinary Facility
- Efficient Clinical Layout
- NNN Lease with Minimal Landlord Responsibilities
Executive Summary
820 D St in San Rafael, California presents a compelling investment opportunity within the heart of Marin County. The property features a purpose-built veterinary facility currently occupied by East San Rafael Veterinary Clinic under a triple-net lease, providing an investor with passive income supported by an established tenant. The facility was comprehensively renovated in 2010 and offers an efficient clinical layout, six exam rooms, and two treatment areas, enabling a broad range of medical services to be performed on-site.
The clinic provides advanced, in-house capabilities such as internal medicine, surgeries, ultrasonography, endoscopy, and diagnostics, minimizing outside referrals and underscoring operational stability. Recent improvements, including a fully resurfaced and repaved parking lot in 2026, enhance accessibility and curb appeal while reducing near-term capital expenditures. The lease structure includes 3% annual rent escalations and minimal landlord responsibilities, offering predictable cash flow and long-term security with a corporate-backed tenant.
Positioned in walkable Downtown San Rafael, this property enjoys excellent visibility and connectivity to major thoroughfares, including U.S. Highway 101. The surrounding affluent community, coupled with Marin County’s supply-constrained development environment, reinforces sustained demand and asset value in this infill Bay Area location.
The clinic provides advanced, in-house capabilities such as internal medicine, surgeries, ultrasonography, endoscopy, and diagnostics, minimizing outside referrals and underscoring operational stability. Recent improvements, including a fully resurfaced and repaved parking lot in 2026, enhance accessibility and curb appeal while reducing near-term capital expenditures. The lease structure includes 3% annual rent escalations and minimal landlord responsibilities, offering predictable cash flow and long-term security with a corporate-backed tenant.
Positioned in walkable Downtown San Rafael, this property enjoys excellent visibility and connectivity to major thoroughfares, including U.S. Highway 101. The surrounding affluent community, coupled with Marin County’s supply-constrained development environment, reinforces sustained demand and asset value in this infill Bay Area location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,462 SF
Building Class
C
Year Built/Renovated
1953/2010
Price
$2,725,000
Price Per SF
$498.90
Cap Rate
7%
NOI
$190,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.22 AC
Zoning
N/Av, San Rafael
Parking
14 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
95’ on D St
Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 011-254-17 | Improvements Assessment | $708,457 |
| Land Assessment | $1,205,219 | Total Assessment | $1,913,676 |
Property Taxes
Parcel Number
011-254-17
Land Assessment
$1,205,219
Improvements Assessment
$708,457
Total Assessment
$1,913,676
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