Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Move-In Ready Office Space Title is generated by Realmo AI

    3950 Civic Center Dr, San Rafael, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Furnished office space available for rent in San Rafael.

    Type:OFFICE
    Property size:
    3,430 SF
    Lot size:
    5.01 Acres
    Added:
    Oct 28, 2024
    Days on Market:
    574
    Last Refresh:
    Apr 5 at 9:14 pm

    Property Features for 3950 Civic Center Dr

    General Information

    Standard status
    Active
    Size
    3,430 SF
    Lot size
    5.01 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 3950 Civic Center Dr Contact us

    We can help!

    Listing Contact
    Brian Foster

    Listing agent Brian Foster License #CA 01255462

    Listing office Cushman & Wakefield | Larkspur

    Listing date Oct 28, 2024

    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 Cushman & Wakefield | Larkspur

    HighLights

    • Furniture in place
    • Move‑in ready

    Overview

    This office space, comprising 3,430 square feet, is available for rent. The property is move-in ready and includes existing furniture.
    Location Intelligence

    Current Use by Public Records

    Bastar Robin w ... Accounting Firm San Rafael Speedy ... Plumbing Service Interocean Steamship Corporation Seaport Crestron Electronics Inc Factory Yolita Nowak Lecellier Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Rafael
    County
    Marin
    State
    California
    Longitude
    -122.537
    Latitude
    38.0033

    Nearby Similar for Lease

    • Sponsored
      $129-$10,176/Mo
      11-1,292 SF

      CA, San Rafael - 4th Street

      1000 4Th St, Unit 3RD, San Rafael, CA 94901
      View Details
    • $129-$6,223/Mo
      11-1,292 SF

      Civic Center

      4040 Civic Center Dr, Unit 200, San Rafael, CA 94903
      View Details
    • $2,750/Mo
      3,250 SF

      San Rafael Commercial Space For Rent

      Prime commercial space in a vibrant, high-traffic San Rafael location.
      2020 4TH STREET, San Rafael, CA 94901
      View Details
    • $1.19 SF/Yr
      16,428 SF

      Premier Office Space in San Rafael

      Exceptional leasing opportunity with modern amenities and convenient location.
      68 Mitchell Blvd., San Rafael,, San Rafael, CA 949903
      View Details
    • $18 SF/Yr
      1,195 SF

      Downtown Retail Space Available

      Prominent downtown San Rafael building with high visibility.
      1212 Fourth St, San Rafael, CA
      View Details
    • $740/Mo

      San Rafael Office/Studio Space ForRent

      Office/Studio space in vibrant downtown San Rafael, CA.
      1000 Fifth Ave, 2nd Floor, San Rafael, CA 94901
      View Details
    • $3 SF/Yr

      San Rafael Office Space Available

      Office space with private offices, workstations, and highway access.
      4304 Redwood Hwy, San Rafael, CA 94903
      View Details
    • $2 SF/Yr

      San Rafael Office or Retail

      Office or retail space on San Rafael's Miracle Mile.
      2140 4th Street, San Rafael, CA 94901
      View Details
    • $3 SF/Yr
      1,700 SF

      San Rafael Office Space Available

      Window-lined offices with natural light, close to amenities.
      1120 Nye St, San Rafael, CA
      View Details
    • $2 SF/Yr
      2,915 SF

      San Rafael Retail Center Space

      Multi-tenant retail center with ample parking and highway visibility.
      555 Francisco Blvd E, San Rafael, CA
      View Details
    • $2 SF/Yr

      Remodeled Retail Space in San Rafael

      Recently remodeled retail space with excellent visibility and natural light.
      1820 4th Street, San Rafael, CA 94901
      View Details
    • $21 SF/Yr
      3,645 SF

      San Rafael Warehouse Space Available

      Industrial warehouse space for lease in San Rafael, California.
      3060 Kerner Blvd, San Rafael, CA
      View Details

    FAQs

    What type of property is this?
    Office units - Furnished office space available for rent in San Rafael.
    Where is this office units located?
    The property is located at 3950 Civic Center Dr San Rafael, CA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: Furniture in place; Move‑in ready
    (415) 485-0500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Foster
    Real Estate License ID: CA 01255462
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3950 Civic Center Dr, San Rafael, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!