The Magnolia Shops consist of 12 retail stores plus an on-site managers office. The property sits on a 67,700 square foot parcel.
| Property Type | Retail |
|---|---|
| Property Use | Other Commercial |
| Year Built | 1948 |
| Level Number | 1 |
| Zoning | Commercial (NEC) |
| Cap Rate Percentage | 7.29 |
| Average Daily Rate | 42 |
| Listing ID | VTC7YR |
| Style | Retail Bldg -Local Strip |
| 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. Overall, the Larkspur area is a mature community that is expected to continue to experience stable local economy. The city has a good location in Marin County with access from Highway 101 to Sonoma County to the north and San Francisco to the south.
Region: USA
Region: California
Region: Larkspur
| Lot Description: | Access Type - Road |
| Views: | Mountain, Panoramic |
| Area Amenities: | Jogging / Biking Path, Biking |
| Exterior Description: | Wood Frame, Concrete Block |
| Age: | Over 50 Years Old |
| Lot Size: | 1-2 Acres |
| Garage Description: | No Garage |
| Road Type: | Main Thoroughfare |