7 N Knoll Road

    Mill Valley, CA 94941
    • $3,995,000
    • STATUS: Active
    • ON SITE: 92 days
    • ID#: 21826894
    UPDATED: 123 min ago
    $3,995,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,928
      SQFT
    • $674
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    Leased medical office building offered at a 5.14% CAP. Excellent condition , one tenant turnover in 24 years, just off the 101 at Tiburon Blvd. exit, off street parking, signage and low maintenance landscaping. All leases have 4% annual CPI increases. Very secure long term investment with minimal management. Must see!

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    © 2019 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Imhoff | Coldwell Banker Kappel Gateway Realty. Data last updated: 2019-01-15T23:56:00.6.
    www.homes4yousolano.com/homes/88499542

    7 N Knoll Road Mill Valley, CA 94941

    • Price: $3,995,000
    • Status: Active
    • Updated: 123 min ago
    • ID#: 21826894
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    5,928
    SQFT
    $674
    $/SQFT
    1963
    Built
    Neighborhood:
    Mill Valley
    County:
    Marin
    Area:
    Mill Valley
    Property Description
    Leased medical office building offered at a 5.14% CAP. Excellent condition , one tenant turnover in 24 years, just off the 101 at Tiburon Blvd. exit, off street parking, signage and low maintenance landscaping. All leases have 4% annual CPI increases. Very secure long term investment with minimal management. Must see!
    Exterior Features

    Dock Doors 0 Exterior StuccoWood Foundation Cc Perimeter Loading None Location Neighborhood Lot Description Mid Block Parking 11-25 On SiteCarport(S)Private Lot Parking Spaces 16 Road Frontage County Road Roof Composition Structures Office Bldg

    Interior Features

    Ceilings Under 12' Elevators No Floor Number 2 Floors Ceramic TileHardwoodPart Carpet Heat Cool Individual Air Industrial Sq Ft 0.00 Min Avail Sq Ft 0.00 Miscellaneous Front SignRestroom PrivateViews Office Sq Ft 0.00 Offices 5 Percent Office 100 Restrooms 0 Retail Sq Ft 0.00 Stories 2 Story Tenant Allow Fixed 0.00 Tenant Allow Sq Ft 0.00 Tenant Sq Ft 0.00 Walls Sheetrock Warehouse Sq Ft 0.00

    Property Features

    Auction No Buildings 1 Business Type Medical/Dent Cap Rate 5.14 City Transfer Tax Yes City Transfer Tax Rate 0.00 Close To FreewayPublic TransportatioRestaurantsShopping Commercial Type Office Common Int Dev No Condition Exterior-Excellent Current Use Office Est Insurance Exp 0.00 Est Maintenance Exp 0.00 Est Management 0.00 Est Misc Expenses 0.00 Est Net Income 205344.00 Est Taxes 0.00 Est Total Annual Exp 71372.00 Est Utilities Exp 0.00 Exchange For Other GRM 14.44 Gross Income Incl RentsOther Gross Scheduled Inc 276716.00 Lease Deposit 0.00 Load Factor CAM 0 Maximum Lease Yrs 0 Minimum Lease Yrs 0 Monthly Expenses 0.00 Monthly Income 0.00 New Construction Or Resale Resale Planned Unit Develop No Seller Will Consider Conventional Sewer Septic Sewer Public Source Of Financials Owner Special Assessment No Special Zones Unknown Square Footage Source Realist Public Rec Subject To Crt Conf No Tenants 6 Total Expenses Incl InsuranceMaintenanceProp TaxesUtilities Transaction Type Sale Utilities Cable AvailableElectricInternet AvailableNatural GasYard Service Vacancy Factor 0.00 Water Source Water Public Year Built Source Realist Public Rec Zoning Ap Administrative/Professional

    Listing information © 2019 Bay Area Real Estate Information Services.
    Listing courtesy of Katherine Higgins of Bhhs Drysdale Properties.


    © 2019 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Imhoff | Coldwell Banker Kappel Gateway Realty. Data last updated: 2019-01-15T23:56:00.6.
     
    Lisa Imhoff | Coldwell Banker Kappel Gateway Realty
    5071 Business Center Dr.
    Fairfield CA, 94534