2208 Olivet Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2208 Olivet Rd
85,000 SF 100% Leased Light Industrial Building Santa Rosa, CA 95401 £5,589,321 (£66/SF) 7.52% Net Initial Yield
Investment Highlights
- Anchor tenants are private equity backed with $120,000,000 annual revenue. Will sign new 10+ year lease.
- Passive investment
Executive Summary
Cash or Cash to New Loan or 10-31
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£544,149
|
£6.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£544,149
|
£6.40
|
| Taxes |
£62,411
|
£0.73
|
| Operating Expenses |
£61,621
|
£0.72
|
| Total Expenses |
£124,032
|
£1.46
|
| Net Operating Income |
£420,118
|
£4.94
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £544,149 |
| Annual Per SF | £6.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £544,149 |
| Annual Per SF | £6.40 |
| Taxes | |
|---|---|
| Annual | £62,411 |
| Annual Per SF | £0.73 |
| Operating Expenses | |
|---|---|
| Annual | £61,621 |
| Annual Per SF | £0.72 |
| Total Expenses | |
|---|---|
| Annual | £124,032 |
| Annual Per SF | £1.46 |
| Net Operating Income | |
|---|---|
| Annual | £420,118 |
| Annual Per SF | £4.94 |
Property Facts
Amenities
- 24 Hour Access
- Conferencing Facility
- Fenced Lot
- Storage Space
- Air Conditioning
- Fiber Optic Internet
Utilities
- Lighting
- Gas - Propane
- Water - Well
- Sewer - Septic Field
- Heating - Electric
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Advantage Vines II
- Wholesaler
- 40,000 SF
- £0.12
- Negotiable
- Dec 2033
- Atlas VM
- Agriculture, Forestry, Fishing and Hunting
- 80,000 SF
- £0.42
- Negotiable
- Dec 2032
- Landscaper
- Agriculture, Forestry, Fishing and Hunting
- 4,000 SF
- £0.20
- Negotiable
- Jun 2025
- Residential Tenant
- Real Estate
- 2,100 SF
- £1.10
- Negotiable
- -
- Roofer
- Agriculture, Forestry, Fishing and Hunting
- 7,000 SF
- £0.19
- Negotiable
- -
- Tree Service
- Agriculture, Forestry, Fishing and Hunting
- 10,000 SF
- £0.25
- Negotiable
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Advantage Vines II | Wholesaler | 40,000 SF | £0.12 | Negotiable | Dec 2033 | |
| Atlas VM | Agriculture, Forestry, Fishing and Hunting | 80,000 SF | £0.42 | Negotiable | Dec 2032 | |
| Landscaper | Agriculture, Forestry, Fishing and Hunting | 4,000 SF | £0.20 | Negotiable | Jun 2025 | |
| Residential Tenant | Real Estate | 2,100 SF | £1.10 | Negotiable | - | |
| Roofer | Agriculture, Forestry, Fishing and Hunting | 7,000 SF | £0.19 | Negotiable | - | |
| Tree Service | Agriculture, Forestry, Fishing and Hunting | 10,000 SF | £0.25 | Negotiable | - |
PROPERTY TAXES
| Parcel Number | 057-030-065 | Total Assessment | £2,095,106 |
| Land Assessment | £966,972 | Annual Taxes | £62,411 (£0.73/sf) |
| Improvements Assessment | £1,128,134 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
057-030-065
Land Assessment
£966,972
Improvements Assessment
£1,128,134
Total Assessment
£2,095,106
Annual Taxes
£62,411 (£0.73/sf)
Tax Year
2023
zoning
| Zoning Code | LIA-40 (land intensive ag) |
| LIA-40 (land intensive ag) |
-
Monica Bugica -
Tony Ford -
Compass
1 of 44
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2208 Olivet Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.