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Office Building with Usable Basement
For Sale
Contact for pricing
Pending

695 De Long Avenue, Novato, CA 94945

Two above-grade floors and a usable basement support flexible office occupancy near Highway 101 access.

Property SizeContact for details
Days on Market148

Property Features for 695 De Long Avenue

General Information

Standard status Pending
Property subtype Office
Listing Agency: Major Properties
Listed By: Cole Gee · License #02009034
Source: Crexi
Added: Apr 10 Changed: Sep 3 Last Checked: Aug 31 at 1:21PM

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 Major Properties

Investment Insights

Based on property information with market context.

The property is an approximately 11,262-square-foot office building with two above-grade floors and a usable basement. The building is occupied by eight tenants, with most serving individuals or small businesses of one to three people. Lease structures include terminable month-to-month arrangements, providing flexibility in managing occupancy over time.

Located at 695 De Long Avenue in Novato, the property sits immediately off the Highway 101 northbound De Long Avenue offramp, providing direct freeway access and roadside exposure. Occupancy is reported at 97 percent. The largest tenant occupies 68 percent of the rentable area, has vacated, and has expressed interest in ending its lease before the December 2019 expiration date. Four tenants representing 29% of the rentable area may be terminated with written notice.

Key Highlights

  • Approximately 11,262‑square‑foot office building
  • Two above‑grade floors plus a usable basement
  • 97 percent leased to eight tenants

Property Analytics

Current Use

Imperial Contracting Construction Company Vogel & Mc Donald Accounting Firm Chabad Jewish Center ... Church Trares Luke Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Hotel & Motel Storage Facility (Bike/Boat/Book/etc) Store Garden Center Pharmacy

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

Location Intelligence

Trade Area within ½ mile

1,534
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two above-grade floors and a usable basement support flexible office occupancy near Highway 101 access.
Where is this office building located?
The property is located at 695 De Long Avenue Novato, CA.
What are key features of this property?
This property features: Approximately 11,262‑square‑foot office building; Two above‑grade floors plus a usable basement; 97 percent leased to eight tenants
(805) 404-5883 Call to check price and availability
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