511 Sir Francis Drake BlvdKentfield, CA 94904

This exceptional Class A office building, located at 511 Sir Francis Drake Boulevard in Greenbrae, California, presents a unique investment opportunity. Boasting 11,520 square feet on a 24,420 square foot lot, this two-story building features 10,994 net rentable square feet and offers 42 parking spaces. Built in 1972 and renovated in 2000, the property is zoned C-2 and includes 27 private offices, multiple conference rooms, restrooms, and kitchens on both floors. The building enjoys a prominent location on Sir Francis Drake Boulevard, a major east-west thoroughfare in Marin County, with approximately 132 feet of frontage, excellent street presence, and monument signage. Its convenient location near the Bon Air Shopping Center provides easy access to Highway 101 and Interstate 580, as well as numerous restaurants, cafes, and a high-end grocery store. The asking price is $8,000,000, representing a price per square foot of $694.44 and a pro-forma cap rate of 8.19%. The property's pro-forma NOI is $655,500. The building is currently vacant and available for immediate occupancy. This is an ideal opportunity for an owner-user or investor seeking a high-identity office property with abundant on-site parking and high-end interior improvements. The property was last leased as a real estate office. The APN is 022-040-28. The lease type is NNN.