$5,250,000
8,192
SQ FT
$641
SQ/FT
8 Circle Road
@ LIncoln - San Rafael
- 7 Bed
- 5 (4/1) Bath
- 5 Park
- 8,192 sqft
- San Rafael
-
This exclusive Marin County single-tenant offering delivers secure, predictable cash flow backed by a long-term lease and minimal management requirements. At an asking price of $5,250,000, the investment produces a strong 6.04 cap rate based on actual NOI, positioning it as a compelling value opportunity in one of the Bay Area's most supply-constrained markets. Single-family residence with a long-term commercial tenant in place (10-year lease). The tenant recently renewed through 2035, demonstrating stability and commitment to the site. Annual rent increases provide built-in, inflation-protected income growth. With a Modified NNN lease, the tenant covers nearly all operating expenses, leaving the landlord responsible only for property taxes and structural items. This low-maintenance structure, combined with a current NOI of $317,015, makes the asset ideal for 1031 exchange buyers, private investors, and those seeking stable long-term cash flow with minimal oversight. Offering a rare blend of location, yield, and long-term stability, this Marin County asset stands out as one of the few opportunities delivering both quality and cash flow in today's market.
- Days on Market
- 8 days
- Current Status
- Active
- Original Price
- $5,250,000
- List Price
- $5,250,000
- On Market Date
- Nov 17, 2025
- Property Type
- Single Family Residence
- Area
- San Rafael
- Zip Code
- 94903
- MLS ID
- 325098886
- APN
- 179-191-05
- Year Built
- 1999
- Stories in Building
- Unavailable
- Possession
- Subject To Tenant Rights
- Data Source
- BAREIS
- Origin MLS System
Sun Valley Elementary School
Public K-5 Elementary
Students: 501 Distance: 0.8mi
Terra Linda High School
Public 9-12 Secondary
Students: 1230 Distance: 0.8mi
The Marin School
Private 9-12 Secondary, Coed
Students: 89 Distance: 0.9mi
San Rafael Adult Education
Public n/a Adult Education
Students: NA Distance: 1.0mi
Brandeis Marin
Private K-8 Elementary, Coed
Students: 160 Distance: 1.0mi
Real School
Private 6-8 Alternative, Secondary, Coed
Students: 6 Distance: 1.0mi
- Bed
- 7
- Bath
- 5 (4/1)
- Parking
- 5
- Attached
- SQ FT
- 8,192
- SQ FT Source
- Assessor Auto-Fill
- Lot SQ FT
- 49,998.0
- Lot Acres
- 1.1478 Acres
- Pool Info
- Built-In
- Cooling
- Central
- Fire Place
- Other
- Heating
- Central
- Laundry
- Inside Room
- Main Level
- Street Entrance
- Possession
- Subject To Tenant Rights
- Fee
- $0
MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.




















































