SOLD
JLL Capital Markets Closes $3.3M Sale Of Retail Building Leased To El Pollo Loco In San Rafael
910 Andersen Drive
Retail
2,626 SF
2,626 SF
Sold 172 days ago
Summary
Sale
CALIFORNIA
Retail
2,626 sqft
JLL Capital Markets has closed a $3.3 million sale of a retail building in San Rafael, California. The property is located at 910 Andersen Drive and has a total area of 2,626 square feet. It is a rare find in Marin County as it includes a drive-thru and is leased to El Pollo Loco. The lease has 13 years remaining and the property benefits from its strategic proximity to Highway 101. Additionally, the surrounding area boasts an affluent customer base, with an average household income of $200,000 within a five-mile radius.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 910 Andersen Drive, San Rafael, California
- Market: San Rafael
Eric Kathrein and Warren McClean from JLL were the brokers involved in this transaction. JLL Capital Markets played a key role in facilitating the sale, connecting the buyer and seller for a successful deal.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Eric Kathrein & Warren McClean
DATE: 11/15/2023
ADDRESS: 910 Andersen Drive
MARKET: San Rafael
ASSET TYPE: Retail
BROKERS: Eric Kathrein & Warren McClean - JLL (@JLL)
SALE PRICE: $3,300,000
SF: 2,626 ~ PPSF: $1,257
NOTE: JLL Capital Markets closed a $3.3 million sale of a 2,626 sq ft retail building in San Rafael, California, leased to El Pollo Loco. The property, with a rare Marin County drive-thru, has 13 years remaining on its lease, strategic proximity to Highway 101, and an affluent customer base with an average household income of $200,000 within a five-mile radius.View on map
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Address910 Andersen Drive
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