Bank of America Ground Lease 30 Smith Ranch Rd

Cushman and Wakefield is pleased to present an approx. 8,589 SF (6,338 SF grnd fl and 2,251 SF mezz) Bank of America bank branch on a large +/-1.45 acre lot with a drive-thru. The property is located at the corner of Smith Ranch Road and Redwood Highway with immediate access to Highway 101, the main commuter arterial in Marin County, which connects both Marin and the other northern bay area counties to San Francisco. It boasts high traffic counts of 173,700 vehicles per day. The site has excellent demographics with a population of 51,210 and an average household income of $211,212 within three miles. The site is within the commercial corridor around 101. Tenants in the surrounding area include Kaiser Permanente, AAA, Cinemark, and many other national tenants.
North San Rafael offers a blend of suburban charm and urban convenience. Although most of the area is residential, the retail corridors are packed with national tenants and boutique shops. The Northgate Mall is a fixture of the location and is home to Macy’s, Restoration Hardware, Chipotle, Peet’s Coffee, Cinemark, Rite Aid, Kohl’s, and HomeGoods. A nearby strip center is home to Safeway, Walgreens, and Starbucks. North San Rafael is also home to the Marin County Civic Center, a county administrative building that houses officials from many departments, and hosts various events throughout the year, including a farmers market every Sunday. Residents in the area also have incredible access to numerous parks and open spaces like China Camp State Park. These areas provide ample opportunity for outdoor activities. The desirability of area has resulted in very low vacancy rates of 3.2% in the retail sector across the county.