This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1111 Andersen Dr
San Rafael, CA 94901
Office Property For Sale
PROPERTY FACTS
ABOUT 1111 ANDERSEN DR , SAN RAFAEL, CA 94901
±25,000 SF two-story office/warehouse with ±4,000 SF warehouse • ±3.33 acres (±145,054 SF) • Currently leased by Comcast as North Bay site for its fulfillment operations • Over 200 vehicle parking spaces • Leased to January 31, 2023, with (2) five-year options • Annual rent increase of 2% • Originally built for Comcast Predecessor in 1984 • Comcast has right to purchase until 12/25/18 • Triple net lease • Monthly rent as of 2/1/19 is $48,424.98 • Annual rent as of 2/1/19 is $578,915.76 • 4.47% capitalization rate • Zoned: LI/O (Light Industrial/Office) • Under 20% FAR (Floor area ratio) • Continually occupied by Cable TV operator since new • Original plans show 241 car parking
PROPERTY TAXES
| Parcel Number | 018-180-63 | Improvements Assessment | $5,249,424 |
| Land Assessment | $8,749,040 | Total Assessment | $13,998,464 |
PROPERTY TAXES
