2 & 18 Bon Air Rd_Property for Sale
2 & 18 Bon Air Rd_Property for Sale
2 & 18 Bon Air Rd, Larkspur, CA, 94939

2 & 18 Bon Air Rd

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained to present qualified investors the opportunity to acquire the fee simple interest in Bon Air Medical Center, a 27,297 SF multi-specialty medical office project (“Bon Air Medical Center”, “2 & 18 Bon Air” or the “Property”) well-positioned in one of the Bay Area’s most coveted healthcare markets. The Property is 100% leased to MarinHealth (Marin Healthcare District - Moody’s: AA2) through 12/31/2031 and houses a wide range of services including cardiovascular medicine, orthopedics, imaging, and spinal care.


Bon Air Medical Center is strategically located in highly desirable Marin County, offering convenient access to world-class healthcare while nestled among some of the Bay Area’s most upscale residential communities. The Property offers excellent visibility and access with easy connectivity to Highway 101 and Marin’s renowned lifestyle amenities. The Property boasts “on campus” proximity to the MarinHealth Medical Center campus, formerly Marin General Hospital, which recently underwent a $550M expansion and renovation in 2020.


Bon Air Medical Center offers investors a desirable long-term cash flow stream from a market-leading health system in California.

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Attributes

Occupancy
100%
Building area net
27,297 sf
Land area gross
3.61 acres
Parking spaces
170
Buildings
2

Media

Investment highlights

  • 100% Leased to MarinHealth (Marin Heathcare District - Moody's Aa2) through 12/31/2031 with 3.25% Annual Escalations
  • State-of-the-Art Medical Outpatient Building with Significant Tenant Investment
  • "On Campus" Proximity to MarinHealth Medical Center, formerly Marin General Hospital, the County's Largest Hospital
  • Prime Waterfront Location with Excellent Visibility and Access and an Above Market Parking Ratio
  • High Barrier to Entry, Amenity-Rich Location with Strong Demographics, Surrounding Residential Development, and Convenient Transit Access via the Larkspur Ferry Terminal and Highway 101
  • Sticky Tenancy with Highly Specialized Build-Outs and Proven Commitment to the Asset via Recent Expansion & Early Lease Renewal
2 & 18 Bon Air Rd 4_Property for Sale
2 & 18 Bon Air Rd 4_Property for Sale

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2 & 18 Bon Air Rd (0 Properties)

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Last updated
May 7, 2025