Drakes Landing_Property for Sale
Drakes Landing_Property for Sale
100 - 500 Drakes Landing Rd, Greenbrae, CA, 94904-2404, US

Drakes Landing

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been engaged as the exclusive advisor to extend to qualified investors the rare opportunity to acquire the fee simple interest in Drakes Landing Office Park (the “Property” or “Drakes Landing”), a three (3) building trophy office campus located on nine (9) acres of waterfront land in the heart of Central Marin.


Drakes Landing is one of the highest performing office assets in all of Marin County and is home to an attractive mix of finance and medical tenants. Due to its unparalleled waterfront campus atmosphere with expansive views, bullseye location directly adjacent to US-101, Sir Francis Drake Blvd and the Larkspur Ferry Terminal, and immediate access to some of the area’s premier retail options, the Property has maintained historical occupancy of over 90% across the last decade. Moreover, two of the nine acres have been included in the Larkspur Housing Element providing business plan optionality via townhome development on a portion of the site.


Drakes Landing presents investors with the opportunity to acquire a market-leading suburban office campus with upside potential via strategic amenity upgrades in an affluent Central Marin location.

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Attributes

Building area gross
11,978 m²
Occupancy
80%
Land area gross
3.68 ha
Number of buildings
3
Parking spaces
394
WALT
2.4 years

Media

Investment Highlights

  • TROPHY QUALITY SUBURBAN OFFICE CAMPUS WITH PROVEN HISTORICAL PERFORMANCE
  • ACCESSIBLE LOCATION WITHIN WALKING DISTANCE OF THE LARKSPUR FERRY TERMINAL WHILE SITTING AT THE INTERSECTION OF SIR FRANCIS DRAKE BLVD & THE US-101
  • LARGE NINE ACRE PARCEL WITH TWO ACRES INCLUDED IN LARKSPUR HOUSING ELEMENT
  • IRREPLACEABLE WATERFRONT PRESENCE WITH CAMPUS ATMOSPHERE
  • CLOSE PROXIMITY TO LARKSPUR’S LEADING RETAIL HUBS - MARIN COUNTRY MART & BON AIR GREENBRAE
  • CENTRAL MARIN BOASTS SOME OF THE STRONGEST DEMOGRAPHICS IN CALIFORNIA WITH A LARGE EXECUTIVE POPULATION
  • HIGH PERFORMING CAMPUS WITH OPPORTUNITY TO ENHANCE OCCUPANCY AND RENTS VIA STRATEGIC “LIFESTYLE” AMENITY UPGRADES
  • 90% AVERAGE HISTORICAL OCCUPANCY OVER THE LAST 10 YEARS
Drakes Landing 4_Property for Sale
Drakes Landing 4_Property for Sale

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Last updated
14 Feb 2025