Coldwell Banker Commercial NRT is pleased to present The Shops of Magnolia, an 23,600 square foot neighborhood retail strip center that is only 42.18% occupied by 7 tenants and is being offered for just under $350 per square foot. Immediate upside exists in leasing up the 13,600 square feet of vacant space, which includes a 6,500 square foot anchor space. Property is well positioned for a future residential development in a location with near Marin General Hospital and Marin Community College
|Property Use||Net Leased Property|
|Style||Retail – Free Standing|
|Building Size||23,606 SF|
|Lot Size||1.55 AC|
Area Description: The Shops at Magnolia are located in the town of Larkspur surrounded by high end homes and several similar strip neighborhood shopping centers. The property is well situated on a main thoroughfare which leads from the College of Marin to Marin General Hospital Campus. A short distance from the 101 Highway which extends from the Golden Gate Bridge (San Francisco) to Sonoma County and northern coast line.
|Lot Size:||1-2 Acres|
|Age:||Over 50 Years Old|