Retail Business for Sale in Novato, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Novato, CA 94945

Description

Market Context

This retail in Novato, CA is listed for sale. It has been on the market for 12 days. Compare it against other retail listings for sale in Novato, CA — <a href="/search/sale/retail/california/novato">view the full market</a>.

As of Q3 2021, the San Francisco North Bay retail market showed a 5.4% vacancy rate, average asking rents near $32.35/SF/yr, and cap rates around 5.8%. Source: Www.lee-Associates.com Q3 2021 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Francisco North Bay?
About 5.8% as of Q3 2021, per Www.lee-Associates.com.
Is the San Francisco North Bay retail market tightening or softening?
Vacancy is around 5.4% (Q3 2021).

Unified Estimate

Medium Confidence

$23.87/SF – $32.29/SF

Mid: $28.08/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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