The subject property is just 15 miles north of San Francisco and is well positioned along Sir Francis Drake Boulevard, a main east-west thoroughfare serving the towns of San Anselmo, Ross, Kentfield and Fairfax. Walgreens’ lease runs through 08/31/2023 and features six 5-year extension options. Typically, Walgreens leases remain flat during the initial term and option periods, however this lease benefits from 10% rental increases every 10 years.

The subject property, along with the inline CVS within the adjacent grocery anchored shopping center, are the only two nationally-recognized drugstores serving the San Anselmo, Fairfax, Ross and Kentfield communities. Walgreens is just north of the downtown shopping district which features a plethora of local retail shops and restaurants, and is just south of the primary high school in San Anselmo, which has a student enrollment that exceeds 1,200. Surrounding retailers include Safeway, Andronico’s Market, Peet’s Coffee, and Pet Food Express.