Medical Office
1099 D St San Rafael, CA 94901
For Sale
Contact for pricing
Medical office building and surgery center offered for sale with parking structure.
Property Size26,147 SF
Price / SF$650.17
Days on Market88
Property Features for 1099 D St
General Information
- Standard status
- Active
- Size
- 26,147 SF
- Property subtype
- Office
Listing Agency:
Marcus & Millichap - Sacramento
(916) 724-1400
Listed By:
Zach Sattler · License #02246532
Source:
Crexi
Added: Apr 28
Changed: Jul 23
Last Checked: Jul 23 at 10:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Sacramento
Investment Insights
Based on property information with market context.
The American Building MOB/Surgery Center is a combined medical office building and surgery center property offered for sale. The offering includes 26,147 SF and a parking structure to support on-site parking needs.
The property is located at 1099 D St in San Rafael, California.
This is a purpose-built healthcare facility configuration as indicated by the MOB/surgery center designation, suited to owner-occupants and investors seeking a medical-focused asset.
The property is located at 1099 D St in San Rafael, California.
This is a purpose-built healthcare facility configuration as indicated by the MOB/surgery center designation, suited to owner-occupants and investors seeking a medical-focused asset.
Key Highlights
- American Building medical office building and surgery center at 1099 D St, San Rafael, CA 94901
- Offered at $17,000,000
- Building totals 26,147 SF
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $944.4k | $36.12 |
| − Vacancy | −$239.9k | −$9.17 |
| EGI | $704.5k | $26.95 |
| − OpEx | −$176.1k | −$6.74 |
| NOI | $528.4k | $20.21 |
26,147 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.55M
$6.61M – $8.81M
NOI $528,408 @ 7.0% cap · market cap 3.11%
Second Best
Healthcare Medical
$6.40M
$5.60M – $7.46M
NOI $447,867 @ 7.0% cap · market cap 2.63%
Theoretical Best
Specialty Retail
$127.72M
$111.75M – $149.00M
NOI $8,940,215 @ 7.0% cap · market cap 52.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Richard F Creaghe ...
Dental Office
California Pacific Orthopaedics ...
Medical Clinic
Robert E. Mayle, ...
Physician
Keith C. Donatto, ...
Physician
Lindamood-Bell Marin Learning ...
Training Center
FAQs
What type of property is this?
Medical center - Medical office building and surgery center offered for sale with parking structure.
Where is this medical center located?
The property is located at 1099 D St San Rafael, CA.
What is the asking price?
The asking price for this property is $17,000,000.
What are key features of this property?
This property features: American Building medical office building and surgery center at 1099 D St, San Rafael, CA 94901; Offered at $17,000,000; Building totals 26,147 SF
