374 Miller Ave | Mill Valley, CA 94941
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374 Miller Ave
Mill Valley, CA 94941
Jiffy Lube Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASED OFFERING WITH JIFFY LUBE CORPORATE
- RARE 2.5% ANNUAL INCREASES - ONLY 1 (5) YEAR OPTION REMAINS
- LARGE CORPORATE GUARANTY (PENNZOIL QUAKER STATE DBA “SHELL”)
- EXTREMELY UNIQUE CORE BAY AREA NET LEASED OFFERING WITH REDEVELOPMENT POTENTIAL
- COVETED BAY AREA COMMUTER ENCLAVE WITH AVERAGE HOUSEHOLD INCOME OF $186,000
- UNDER THE TAX CUTS AND JOBS ACT (TCJA) OIL CHANGING STATIONS MAY QUALIFY FOR A 15 YEAR BONUS DEPRECIATION SCHEDULE (CONSULT YOUR CPA FOR INFO)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Vehicle Repair Garage
Property Size
4,692 sq ft
Costar Property Class
B
Year Built
1988
Tenancy
Single
Number of Floors
1
Plot ratio
0.36
Total Plot Size
0.30 ac
Use Class
CR
Parking
9 Spaces (2.17 Spaces per 1,000 sq ft Leased)
Frontage
125 ft on Miller Ave
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 028-213-37 | Improvements Assessment | £1,388,479 |
| Land Assessment | £1,547,163 | Total Assessment | £2,935,642 |
PROPERTY TAXES
Parcel Number
028-213-37
Land Assessment
£1,547,163
Improvements Assessment
£1,388,479
Total Assessment
£2,935,642
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