1615 Hill Rd, Novato, CA 94945
Office building with 3234 square feet available for purchase.
- Added:
- Apr 12, 2026
- Days on Market:
- 60
- Last Refresh:
- Apr 12 at 8:39 pm
Property Features for 1615 Hill Rd
General Information
- Standard status
- Active
- Size
- 3,234 SF
- Property subtype
- Office
Building Details
- Year Built
- 2026
Properties For Sale
at 1615 Hill Rd Contact usListing agent Steven Leonard License #00909604 (415) 451-2434
Listing office Cushman & Wakefield | Larkspur (415) 451-2434
Listing date Apr 12, 2026
Source Cushmanwakefield
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
- 3234 square feet of office space available for purchase.
- New construction, built in 2026.
- Office building.
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 | $116.8k | $36.12 |
| − Vacancy | −$29.7k | −$9.17 |
| EGI | $87.1k | $26.95 |
| − OpEx | −$21.8k | −$6.74 |
| NOI | $65.4k | $20.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Novato
- County
- Marin
- State
- California
- Longitude
- -122.5789613
- Latitude
- 38.0973679