11 Professional Ctr Pkwy San Rafael, CA 94903-2702

Property Details for 11 Professional Ctr Pkwy

Lot size

0.03 lot acres

Property type

Commercial land

APN

155-072-04

APU

15507204

Description

This exceptional investment opportunity presents a freestanding, 7,730-square-foot Guidepost Montessori school in San Rafael, California. The property sits on a 0.91-acre lot at 11 Professional Center Pkwy, 94903, within Marin County's high-barrier-to-entry education market. Boasting a 7.00% cap rate and a substantial net operating income (NOI) of $604,860, this offering presents a compelling return on investment. The property features a brand-new, 20-year corporate net lease (NNN) with Guidepost Montessori, the largest Montessori school operator in the U.S., ensuring financial stability and long-term growth potential. The lease includes a 2% annual rental increase, mitigating inflation risks. The tenant is responsible for all operating expenses, including taxes and insurance, minimizing landlord responsibilities. Currently operating at 100% occupancy with a waiting list, this school benefits from strong enrollments driven by high tuition rates in this affluent area. The average household income within a 5-mile radius exceeds $181,469, indicating a robust and stable demographic. The property underwent renovations in 2022, ensuring modern facilities. This is a rare opportunity to acquire a high-performing, net-leased asset in a prime Marin County location with a strong, nationally recognized tenant. The asking price is $8,641,000.