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JLL Capital Markets Closes $3.3M Sale Of Retail Building Leased To El Pollo Loco In San Rafael

Property Image
SOLD
$3,300,000
Warren McClean
Eric Kathrein

California

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Retail2,626 SF
Sold 11/15/2023
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Property Image
SOLD

JLL Capital Markets Closes $3.3M Sale Of Retail Building Leased To El Pollo Loco In San Rafael

910 Andersen Drive

See Similar Deals
Retail2,626 SF
Sold 11/15/2023
Warren McClean
Eric Kathrein
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,256
Total Square Footage:2,626 SF
Transaction Type:Sale

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

Eric Kathrein
JLL
Eric Kathrein
20 deals$800.3M volume(415) 510-6961
BROKER
Warren McClean
JLL
Warren McClean
14 deals$480.3M volume
BROKER

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.

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