4 Commercial Blvd, Novato, CA 94949
For Sale
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This exceptional commercial investment property in Novato, CA, presents a rare opportunity. Situated on a half-acre lot, the 9,440-square-foot building is a split-level, concrete tilt-up structure. The first floor, encompassing 7,500 square feet, is entirely occupied by a long-standing (nearly 30 years) anchor tenant, John & Jills Cheesecake, a wholesale bakery producing over 4,000 cheesecakes daily for global distribution. This established tenant provides significant and consistent income. The upper level features approximately 2,500 square feet of premium office space, divided into three individual suites, with a shared common waiting area. Access to the second-floor offices is provided by two stairwells, one on the north and one on the south side of the building. The ground floor boasts five roll-up doors, offering convenient drive-through access on both sides of the building. Ample parking is available with 17 on-site stalls. The property benefits from its central location, offering easy access to San Francisco, the East Bay, and nearby Wine Country, making it an attractive investment in a thriving area with a growing high-tech presence. This property offers a compelling blend of established income and potential for future growth.
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John & Jill's Cheesecake Bakery Specialty Food Shop
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Westpark Express Valet Parking Company Parking Lot & Garage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.