NOVATO INDUSTRIAL DEALS NOW

$7,574,000

Description

INDUSTRIAL – Building B – 10% LEASED – RARE NOVATO LOCATION IN MARIN COUNTY

5400 Hanna Ranch Rd Novato, CA 94945 21,640 SF Industrial Building ($350/SF) $7,574,000

INDUSTRIAL NEWS

5400 Hanna Ranch Road, Building B

Novato, CA 94945 | ±21,640 SF Industrial | For Sale $7,574,000 ($350/SF) | Lease Options Available

Industrial Summary

Introducing Building B at Hanna Ranch Business Park, a brand-new Class B light industrial facility in the highly desirable Novato submarket of Marin County. Delivered in May 2024, this ±21,640-square-foot building offers exceptional flexibility for both owner-users and investors, with demisable suites starting at ±3,200 SF up to the full building.

Currently 10% leased, this property presents strong value-add investment potential, while also being available for owner occupancy or multi-tenant leasing. Modern infrastructure includes 22’ clear heights, six grade-level loading doors, and 1200-amp electrical service—ideal for light manufacturing, distribution, R&D, and showroom uses.

Located directly off Highway 37 and U.S. 101, the property provides excellent regional access, high visibility freeway signage, and a 6.75/1,000 SF parking ratio, making it one of the most versatile and accessible industrial assets in Marin County.

Industrial Highlights

Size: ±21,640 SF (divisible to ±3,200 SF) Lot Size: 4.44 AC
Year Built: 2024 – Brand-new construction
Clear Height: 22’ Loading: 6 grade-level doors Power: 1200 amp electrical service
Parking: 6.75/1,000 SF – abundant onsite parking
Zoning: BPO – Light Industrial (flexible uses permitted)
Price: $7,574,000 ($350/SF)
Occupancy: 10% leased (upside potential for investors)
Amenities: Freeway signage, divisible floor plan options, high-visibility location

Location Advantage

Novato sits at the gateway to Marin County and the North Bay industrial corridor, with immediate access to Highway 37 and U.S. 101. The site’s visibility and signage opportunities capture traffic along two of the Bay Area’s most heavily traveled routes.

The Marin/North Bay submarket is supply-constrained, with limited new industrial construction and consistently strong tenant demand. This makes Building B at Hanna Ranch a rare opportunity for businesses seeking modern space or for investors looking to secure a brand-new, multi-tenant-capable industrial asset.

Market Positioning

Owner-User Ready: Available for immediate occupancy with flexible demising options.
Investor Appeal: Current 10% lease occupancy with significant lease-up potential.
Regional Access: Immediate connection to Bay Area/North Bay freeways.
Modern Specs: New 2024 build with ample power, loading, and parking.

Investment/Occupancy Potential

Whether acquired as a long-term investment or by an owner-occupier, 5400 Hanna Ranch Road – Building B offers brand-new industrial space in one of the most sought-after and supply-limited Bay Area submarkets.