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    765 Center Blvd Fairfax, CA 94930

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    For Lease
    $2,650 /Mo

    Retail space in a high-traffic lifestyle center.

    Type:Retail
    Added:
    Nov 21, 2025
    Days on Market:
    139
    Last Refresh:
    Apr 5 at 10:16 pm

    Property Features for 765 Center Blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1960

    Spaces For Lease

    at 765 Center Blvd Contact us

    We can help!

    Listing Contact
    Ces Cecchin

    Listing agent Ces Cecchin License #CalDRE #01763657

    Listing office Meridian Commercial

    Listing date Nov 21, 2025

    Source Meridiancommercial

    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 Meridian Commercial

    Overview

    Vibrant Fairfax Plaza Retail Space

    This retail space is located in a vibrant lifestyle center that receives over 1.1 million visits per year and generates over $90 million in revenue. The available spaces feature clerestory windows, natural light, and ceilings up to 29 feet high. On-site walk-in/walk-out parking is available. Fairfax Plaza is situated at the gateway of West Marin, at the intersection of Sir Francis Drake and Center Boulevards. The center comprises over 60,000 square feet of shopping, restaurants, quality foods, and office space, establishing it as a western Ross Valley lifestyle destination. Anchored by Good Earth Grocery Store, Fairfax Brew Co, FitLab, Sunshine Bikes, Longevity Health, and the US Post Office, the neighborhood lifestyle center benefits from a strong consumer market with average household incomes exceeding $100,000. The location sees approximately 30,000 cars per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Black Sheep Jiu ... Training Center Fairfax Brewing Company Production Facility

    Suggested Use

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

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

    Similar Places Nearby

    • Coin Cloud Bitcoin ATM — 2040 Sir Francis Drake Blvd, Fairfax, CA 94930

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Marin
    State
    California
    Longitude
    -122.584
    Latitude
    37.9859

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Fairfax Office/Retail Space

      Prime downtown location with on-site parking and central commercial zoning.
      85 Bolinas Road, Fairfax, CA 94930
      View Details
    • Contact for pricing

      Retail Space in Fairfax Center

      Retail space available in a neighborhood lifestyle center.
      743-771 Center Blvd, Fairfax, CA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in a high-traffic lifestyle center.
    Where is this shopping center located?
    The property is located at 765 Center Blvd Fairfax, CA.
    What is the lease rate?
    The lease rate is $2,650 /Mo.
    What are key features of this property?
    This property features: High‑traffic location with over 1.1 million annual visits and $90 million in revenue.; Anchored by established businesses including Good Earth Grocery Store and Fairfax Brew Co.; Located at the intersection of Sir Francis Drake and Center Boulevards, the gateway to West Marin.
    (415) 762-8064
    We can help!
    Listing Contact
    Ces Cecchin
    Real Estate License ID: CalDRE #01763657
    Learn More
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    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
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