Description
Pride of ownership asset in a competitive market with limited supply. The property has been exceptionally maintain under the current ownership. Built in 1987 the property originally had 9 office suites with the current occupancy having 6 suites on 2 levels. Two surface parking lots can accommodate approximately 49 cars. 5.48% Cap Rate on Current Income. Seller Retiring and Motivated to make a Deal at higher Cap Rate. Excellent Owner User Value Stable income with all tenants current on rents. Long Term Tenants -recently extended current leases. Easy freeway access to Hwy 116 and surrounding amenities 11 Miles to Sonoma County Airport & 8 Miles to Santa Rosa/101 Freeway
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
14,123SQFT
-
$258$/SQFT
School Ratings & Info
Description
Pride of ownership asset in a competitive market with limited supply. The property has been exceptionally maintain under the current ownership. Built in 1987 the property originally had 9 office suites with the current occupancy having 6 suites on 2 levels. Two surface parking lots can accommodate approximately 49 cars. 5.48% Cap Rate on Current Income. Seller Retiring and Motivated to make a Deal at higher Cap Rate. Excellent Owner User Value Stable income with all tenants current on rents. Long Term Tenants -recently extended current leases. Easy freeway access to Hwy 116 and surrounding amenities 11 Miles to Sonoma County Airport & 8 Miles to Santa Rosa/101 Freeway
© 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Global Living. Data last updated 2021-01-16T12:19:43.44.