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Downtown Retail Shopping Center
For Sale
$24,762,335

1761 Grant Ave, Novato, CA 94945

Downtown Novato Center is co-anchored by Lucky California and CVS Pharmacy and is offered for sale.

Property Size93,405 SF
Days on Market49

Property Features for 1761 Grant Ave

General Information

Standard status Active
Size 93,405 SF
Property subtype Retail

Building Details

Building Size 93,405 SF
Tenancy Multi
Listing Agency: CP Partners
Listed By: Zeb Ripple · License #01242540
Source: Commercialcafe
Added: Jul 26 Changed: Aug 28 Last Checked: Sep 12 at 4:39AM

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.

Downtown Novato Center is a retail shopping center offered for sale at 1761 Grant Ave in Novato, CA. The center is co-anchored by Lucky California and CVS Pharmacy. Public remarks also indicate that longstanding anchor tenants have recently renewed 10-year lease commitments.

The property is presented as a destination within the Downtown Novato area, with an emphasis on curb appeal and a park-like atmosphere.

As described, the center’s tenant stability and established anchor presence support its role as a long-running retail hub for the surrounding community.

Key Highlights

  • Downtown Novato Center is co‑anchored by Lucky California and CVS Pharmacy
  • Longstanding tenants include Lucky California and CVS Pharmacy with recently renewed 10‑year lease commitments

Property Analytics

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Current Use

Amazon Locker - Tauluapapa Courier Service Redbox Cinema Lucky Grocery & Convenience Store Downtown Novato Center Business Service Center Royal Carpet Steam ... Carpet Cleaning Service

Suggested Use

Top Pick Parking Lot & Garage Catering Service Storage Facility Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,313
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Downtown Novato Center is co-anchored by Lucky California and CVS Pharmacy and is offered for sale.
Where is this shopping center located?
The property is located at 1761 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: Downtown Novato Center is co‑anchored by Lucky California and CVS Pharmacy; Longstanding tenants include Lucky California and CVS Pharmacy with recently renewed 10‑year lease commitments
More about this property
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