3060 Kerner Blvd
Industrial | 6.00% CAP | 25,963 SqFt
Marketing description
Cushman & Wakefield is pleased to exclusively present for sale 3060 Kerner Blvd, San Rafael, California. This is the first time 3060 Kerner Boulevard has been on the market in 50 years. 100% leased multi-tenant, single story industrial building with ample off-street parking. Building construction is concrete tilt-up with grade level roll up doors with office/retail along Kerner Boulevard. The property has been well maintained with a pride of ownership for decades. The property is minutes from US 101 & Interstate 580.
Located in one of the Bay Area’s most desirable enclaves, this San Rafael commercial property offers a rare opportunity to invest in the strength and stability of Southern Marin’s commercial real estate market. With demand holding firm and average rents exceeding $1.92 NNN per square foot, this asset is well-positioned to benefit from ongoing interest in premium suburban light industrial and office spaces. Marin’s exceptional quality of life, affluent demographics, and proximity to San Francisco make it a magnet for high-value tenants seeking both convenience and prestige. In a market where well-located properties are in limited supply, this offering stands out as a compelling investment in one of Marin’s most desirable communities.
Investment highlights
- Rare small-bay industrial leased investment for sale in Marin County.
- Multi-tenant configuration with long history of low or no vacancy.
- Suite sizes vary from 944 SF up to 3,645 SF, which fit the demands of small tenants and the limited supply of the San Rafael industrial market.
- Building is sprinklered.
- The tenants at 3060 Kerner Blvd are on staggered leases. The modified net lease structure provides for a base year for property taxes and insurance pass throughs. Tenants pay a common area maintenance fee in addition to base year pass through expenses.
- Financials The tenants at 3060 Kerner Blvd are on staggered leases. The modified net lease structure provides for a base year for property taxes and insurance pass throughs. Tenants pay a common area maintenance fee in addition to base year pass through expenses.
- Limited supply San Rafael’s limited supply of small-bay light industrial provides stability and consistent revenue with low ongoing tenant improvement costs to re-lease space when it becomes available
- Building location Ideally situated on Kerner Blvd, the property is exceptionally well positioned to serve local businesses—providing strong demand. Easy access to the East Bay over the Richmond/San Rafael bridge, Larkspur Landing and Southern Marin and minutes to downtown San Rafael
- Well maintained building
- Pride of ownership for over 50 years. The property has been well maintained.
- In 2021 the roof was re-coated with a silicon top coat.
- Parking lot was resealed for $18,650 in 2025.
- Cushman & Wakefield is pleased to exclusively present for sale 3060 Kerner Blvd, San Rafael, California.
- This is the first time 3060 Kerner Boulevard has been on the market in 50 years.
- 100% leased multi-tenant, single story industrial building with ample off-street parking.
- Building construction is concrete tilt-up with grade level roll up doors with office/retail along Kerner Boulevard.
- The property has been well maintained with a pride of ownership for decades.
- The property is minutes from US 101 & Interstate 580.
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