Property Details
About this Property
8 Circle Rd presents a rare single-tenant healthcare investment in San Rafael. The 5,910+/- SF luxury residence sits on an expansive 1.15-acre lot and was originally built in 1999 with a substantial 3,634 SF addition completed in 2004. The property is fully leased to Heartwood Detox, a residential healthcare operator in place since 2021, providing stable income. The home is configured to support healthcare operations with six private patient bedrooms, multiple staff and nurse offices, two kitchen areas (including a chef-operated kitchen), dining area, and multiple lounge and gathering spaces. Outdoor amenities include a private pool surrounded by the residence, horseshoe driveway, and a small working farm maintained by the tenant. The investment is offered at $4,850,000 with current annual rent of $360,000 and NOI of approximately $283,074, reflecting an estimated 5.84 cap rate. The lease includes annual increases through the base term ending October 2035, with a renewal option, offering investors stable income with built-in rent growth.
MLS Listing Information
MLS #
BA326018374
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
6
Interior Features
Bedrooms
Primary Suite/Retreat
Bathrooms
Double Sinks, Jack and Jill, Primary - Tub, Tile
Kitchen
Breakfast Nook, Island, Other, Pantry
Appliances
Microwave, Other, Oven - Double, Oven Range - Built-In, Gas
Dining Room
Breakfast Nook, Dining Area in Living Room, Other
Family Room
Other
Fireplace
Dining Room, Living Room, Wood Burning
Flooring
Carpet, Tile, Wood
Laundry
In Laundry Room, Laundry - Yes
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Shingle
Foundation
Slab
Pool
In Ground, Other, Pool - Yes
Style
Custom, Luxury, Ranchette
Parking, School, and Other Information
Garage/Parking
Facing Front, Private / Exclusive, Side By Side, Garage: 0 Car(s)
Sewer
Public Sewer
Contact Information
Listing Agent
Joseph Morrison
HL Commercial Real Estate
License #: 02067309
Phone: (415) 366-0022
Co-Listing Agent
Robert Knez
HL Commercial Real Estate
License #: 00640535
Phone: (415) 446-4220
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
8 Circle Rd is a Single Family Residence in San Rafael, CA 94903. This 5,910 square foot property sits on a 1.147 Acres Lot and features 10 bedrooms & 6 full and 1 partial bathrooms. It is currently priced at $4,850,000 and was built in 1999. This address can also be written as 8 Circle Rd, San Rafael, CA 94903.
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This listing information is up-to-date as of March 07, 2026. For the most current information, please contact Joseph Morrison, (415) 366-0022
