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1131 Magnolia Ave

8,171 SF 100% Leased Retail Building Larkspur, CA 94939 $3,000,000 ($367/SF) 2.32% Cap Rate

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Investment Highlights

North Magnolia location
Three buildings on one parcel

Mixed use investment property
Three commercial tenants, two residential units

Executive Summary

There are three structures on the 15,000 square foot parcel. 1125-1127 is a CMU retail building of approximately 5,000 square feet. There are two tenants in the front and an under utilized storage space toward the rear. 1,125 is occupied by Balloon Delights, and 1,127 is occupied by Gloss Beauty. 1129 Magnolia is a freestanding commercial building with a Pilates studio. 1131 is a residential duplex. The property is a potential value-add opportunity.

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