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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31345298
31345299

1139 Magnolia Ave, Larkspur, CA 94939 For Sale

Retail West, Inc.
Listed by Retail West, Inc.
$4,428,800
111 days on market
Updated 103 days ago

1133 - 1139 Magnolia Village

Details
APN 020-034-016
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 5,386
Cap Rate 6%
NOI $265,728
Occupancy 73.82%
Tenancy Multi
Lease Type NNN
Lease Term 10
Lease Expiration 01/01/2036
Remaining Term 9.5
Rent Bumps Yes
Lease Options One 5 year option
Price per SqFt $822
Year Renovated 2025
Stories 1
Lot Size (SqFt) 19,774
Zoning C2 General Commercial
Investment Type Net Lease
Lease Commencement 01/01/2026
Occupancy Date 03/27/2026

Rare NNN retail asset in Larkspur with strong income, long term tenants and value-add potential.

Marketing description

Magnolia Village offers investors the rare ability to acquire a stable, NNN retail asset in an irreplaceable Marin location, with both immediate upside and long-term growth.

The combination of:

  • Durable tenancy
  • Strong demographics
  • Predictable income

positions this opportunity as a best-in-class small retail investment in the North Bay.

Listing Contacts

Retail West, Inc.
Listed by Retail West, Inc.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$265,728.00
$22,144.00/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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