24 Professional Center Pky

Investment Overview

Pacific West Advisory Group | Engel & Völkers is pleased to present the opportunity to acquire 24 Professional Center Parkway, a well-maintained Class B, two-story office building totaling 12,610 square feet on two parcels comprising 40,725 square feet. All exterior siding on the building’s four elevations is constructed of redwood, a premium and naturally durable material well-suited to Marin County’s climate and highly resistant to decay and dry rot. The natural wood façade complements the property’s serene hillside setting while contributing to long-term durability and reduced exterior maintenance concerns. The elevator-served property features 36 on-site parking spaces, including 10 covered spaces, and is occupied by a diverse mix of professional tenants, including law firms, medical practices, a software company, and an upscale specialty salon. The tenancy profile provides stable in-place income with flexibility for future repositioning or potential owner occupancy. Situated in the Los Gallinas Valley district of San Rafael, the property is zoned Office (O) and offers immediate access to U.S. Route 101 in both directions. The building is located approximately one mile north of the iconic Marin County Civic Center, placing it in close proximity to government offices and complementary professional services. Directly across Highway 101, the planned redevelopment of Northgate Mall into a vibrant mixed-use residential, retail, and community-oriented destination is expected to significantly enhance the surrounding area. The Northgate Town Square project will introduce new housing, neighborhood-serving retail, open space, and pedestrian-friendly amenities, further activating the corridor and strengthening long-term demand for nearby professional and office space. This offering presents a compelling opportunity for an investor seeking stable cash flow with long-term upside in a strengthening submarket, or for an owner-user or nonprofit organization seeking a strategic Marin County location with strong regional connectivity and future growth catalysts.

Investment Highlights

• Diverse tenant mix: law firms, medical offices, a software company, and an upscale salon
• 12,610 SF two-story Class B office building
• Across from the future redevelopment of Northgate Mall into a mixed-use residential and retail destination
• Suitable for owner-user, nonprofit, or investment acquisition with upside potential
• Immediate access to U.S. Route 101 with convenient on/off ramps in both directions
• Surrounded by established medical, legal, and financial service providers
• Exterior siding on all four elevations constructed of redwood, a naturally durable and decay-resistant material well-suited to Marin County’s climate, offering long-term performance and reduced exterior maintenance
• Located within Marin County’s desirable suburban office market with strong demographics and high median household incomes