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1729 Grant Ave, Novato, CA 94945
Co-anchored by Lucky California Grocer and CVS Pharmacy, the center includes fitness, banking, bakery, and café tenants.
Property Size93,405 SF
Price / SF$265.11
Days on Market4
Property Features for 1729 Grant Ave
General Information
Standard status
Active
Size
93,405 SF
Property subtype
RETAIL
Site & Location
Anchor Co-Tenants
Lucky California Grocer, CVS Pharmacy
Road Access
Yes
Amenities
mature oak trees
Building Details
Tenancy
Multi
Listing Agency:
CP Partners
(415) 274-2702
Listed By:
Zeb Ripple · License #01909630
(415) 274-2702
Source:
Moodyscre
Added: Aug 11
Changed: Aug 14
Last Checked: Aug 14 at 5:44AM
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 CP Partners
Investment Insights
Based on property information with market context.
Located at 1729 Grant Ave in Novato’s Historic Downtown shopping district, Downtown Novato Center is a 93,405-square-foot shopping center anchored by Lucky California Grocer and CVS Pharmacy. The tenant mix also includes fitness, banking, bakery, and café businesses, creating a neighborhood-oriented retail offering.
The property provides multiple access points, strong visibility, mature oak trees, updated signage, and landscaping accents. Building improvements include a roof installed in 2018 with a 20-year warranty and LEED lighting. Recent leasing activity includes new 10-year leases with Icon Fit and Kitsch + Sync, along with a Dutch Bros ground lease identified as expected to be completed by the end of the year.
The center is positioned within a five-mile area containing 58,000 residents and average household incomes of $201,000. Its Novato location places the property within Marin County and supports a broad mix of grocery, pharmacy, service, and food-oriented retail uses.
The property provides multiple access points, strong visibility, mature oak trees, updated signage, and landscaping accents. Building improvements include a roof installed in 2018 with a 20-year warranty and LEED lighting. Recent leasing activity includes new 10-year leases with Icon Fit and Kitsch + Sync, along with a Dutch Bros ground lease identified as expected to be completed by the end of the year.
The center is positioned within a five-mile area containing 58,000 residents and average household incomes of $201,000. Its Novato location places the property within Marin County and supports a broad mix of grocery, pharmacy, service, and food-oriented retail uses.
Key Highlights
- 93,405‑square‑foot shopping center anchored by Lucky California Grocer and CVS Pharmacy
- Tenant mix includes fitness, banks, bakeries, and cafés
- New roof installed in 2018 with a 20‑year warranty
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,313
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94945, CA
17,876
Population
7,355
Households
2.4
Avg Household Size
47
Median Age
52%
College-Educated
92%
High-School Grad
23.3 sq mi
ZIP Area
767
Density / Sq Mi
$109,750
Median Household Income
$65,060
Median Earnings
$2,168
Median Rent
$1,094,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Co-anchored by Lucky California Grocer and CVS Pharmacy, the center includes fitness, banking, bakery, and café tenants.
Where is this shopping center located?
The property is located at 1729 Grant Ave Novato, CA.
What is the asking price?
The asking price for this property is $24,762,335.
What are key features of this property?
This property features: 93,405‑square‑foot shopping center anchored by Lucky California Grocer and CVS Pharmacy; Tenant mix includes fitness, banks, bakeries, and cafés; New roof installed in 2018 with a 20‑year warranty
