5755 Redwood Dr | Rohnert Park, CA 94928
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5755 Redwood Dr
Rohnert Park, CA 94928
Retail Property For Sale
Investment Highlights
- Prominent Retail/Office/Medical building on Redwood Drive
- Long-term Leases in place with stable Tenants
- Convenient Access to HWY 101 and visible by freeway traffic
- Additional upside with leased vacancy
Executive Summary
Ground Matrix, Inc. is pleased to announce an amazing opportunity to acquire a prominent investment property in Rohnert Park, CA. The building is suitable for an investor or owner/user who could occupy the last vacancy at the ground floor level. The existing Tenants offer stable income with additional upside in the years to come.
Situated on the Westside of Rohnert Park, CA, 5755 Redwood Drive is prominently located between two major freeway exits, the Rohnert Park Expressway and Golf Course Drive West. The Tenants of the property enjoy great signage on Redwood Drive as well as HWY 101 traffic. Customers and employees use the exclusive parking lot to visit the property where Tenants have rights to dedicated parking areas.
Situated on the Westside of Rohnert Park, CA, 5755 Redwood Drive is prominently located between two major freeway exits, the Rohnert Park Expressway and Golf Course Drive West. The Tenants of the property enjoy great signage on Redwood Drive as well as HWY 101 traffic. Customers and employees use the exclusive parking lot to visit the property where Tenants have rights to dedicated parking areas.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,671 SF
Building Class
B
Year Built
1989
Price
£1,900,990
Price Per SF
£197
Net Initial Yield
5.29%
NOI
£100,562
Percent Leased
63%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.34
Lot Size
0.66 AC
Zoning
C-R, Rohnert Park - I-L/O: Industrial/Office Overlay
Parking
34 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
249 ft on Redwood
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 143-040-087 | Improvements Assessment | £932,355 |
| Land Assessment | £382,502 | Total Assessment | £1,314,857 |
PROPERTY TAXES
Parcel Number
143-040-087
Land Assessment
£382,502
Improvements Assessment
£932,355
Total Assessment
£1,314,857
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