365 Bel Marin Keys Blvd, Novato, CA
Recently renovated office building with generator, solar power, and parking.
- Added:
- Feb 5, 2025
- Days on Market:
- 494
- Last Refresh:
- May 20 at 9:12 pm
Property Features for 365 Bel Marin Keys Blvd
General Information
- Standard status
- Active
- Size
- 6,928 SF
- Lot size
- 0.49 Acres
- Property subtype
- OFFICE
Listing agent Haden Ongaro License #00916960
Listing office Newmark | San Rafael (415) 526-7676
Listing date Feb 5, 2025
Source Moodyscre
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 Newmark | San Rafael
HighLights
- Full building generator and solar power
- Highly attractive, recently renovated building
- Excellent parking
- Well located
- In‑place income
- Flexibility
Overview
Local 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 | $250.2k | $36.12 |
| − Vacancy | −$63.6k | −$9.17 |
| EGI | $186.7k | $26.95 |
| − OpEx | −$46.7k | −$6.74 |
| NOI | $140.0k | $20.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Novato
- County
- Marin
- State
- California
- Longitude
- -122.538
- Latitude
- 38.0734
