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777 San Marin Drive

Off-Market

777 San Marin Drive, Novato, CA 94945

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  • Property Type Office - General Office
  • Property Size 227,429 Sqft
  • Lot Size 22.7 Acre
  • Parking Spaces Avail. 454
  • Parking Ratio 2.00/ 1,000 SF
  • Property Tenancy Vacant
  • LEED Certified Gold
  • Building Class B
  • Year Built 1982

Location

  • City Novato, CA
  • Neighborhood Mount Burdell
  • Zip Code 94945
  • Market San Francisco

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 29 Jan, 2021
  • Purchase Price $8,964,864
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Novato

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Novato Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $31.69
  • 2020 Office Vacancy Rate 15.48%
  • 2020 Office Completions (Sqft)
View more Novato market trends

Tax

  • Property Tax in 2021-2022 $666,024
  • Market Value $58,479,636
  • Assessed Value $58,479,636

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 777 San Marin Drive?

777 San Marin Drive totals 227,429 square feet.

When was this property built?

777 San Marin Drive was built in 1982.

When was 777 San Marin Drive last sold?

777 San Marin Drive was last sold on 29 Jan, 2021.

What was the last purchase price for 777 San Marin Drive?

777 San Marin Drive was last sold for $8,964,864.

What is the property tax for 777 San Marin Drive?

The property tax for 777 San Marin Drive in 2021-2022 was $666,024.

What is the market value for 777 San Marin Drive?

The market value for 777 San Marin Drive in 2021-2022 was $58,479,636.

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