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18580 Sonoma Hwy
Sonoma, CA 95476
Retail Property For Sale
EXECUTIVE SUMMARY
The subject property is a single-tenant, net-leased asset located on the busy arterial of Sonoma Highway (CA-12). The property has long been occupied by Donuts & Danish, which serves high-quality donuts and pastries.
Situated between the Town of Sonoma and the Town of Boyes Hot Springs, Sonoma Highway is the main arterial through the northern portion of Sonoma Wine Country, and the primary route to Santa Rosa, Sonoma County’s largest city. This freestanding building enjoys a highly visible, dominant monument signage on Sonoma Highway. The approximately 2,694 square feet of improvements sit on a parcel of some 7,935 square feet. The site has six on-site parking spaces, and the building features a roll-up door at the rear. Currently, the tenant occupies the site month-to-month at well below market-correct rent levels for similar retail property in the Town of Sonoma submarket.
The subject property offers an investor the opportunity to negotiate a long-term lease with the existing tenant at a sustainable, market-correct lease rate, ensuring tenant profitability, and an attractive return.
Situated between the Town of Sonoma and the Town of Boyes Hot Springs, Sonoma Highway is the main arterial through the northern portion of Sonoma Wine Country, and the primary route to Santa Rosa, Sonoma County’s largest city. This freestanding building enjoys a highly visible, dominant monument signage on Sonoma Highway. The approximately 2,694 square feet of improvements sit on a parcel of some 7,935 square feet. The site has six on-site parking spaces, and the building features a roll-up door at the rear. Currently, the tenant occupies the site month-to-month at well below market-correct rent levels for similar retail property in the Town of Sonoma submarket.
The subject property offers an investor the opportunity to negotiate a long-term lease with the existing tenant at a sustainable, market-correct lease rate, ensuring tenant profitability, and an attractive return.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,594 SF
Building Class
B
Year Built
1983
Price
$1,575,000
Price Per SF
$607.17
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
LC, Sonoma County
Parking
10 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
80’ on Sonoma
PROPERTY TAXES
| Parcel Number | 056-501-059 | Improvements Assessment | $902,026 |
| Land Assessment | $530,604 | Total Assessment | $1,432,630 |
PROPERTY TAXES
Parcel Number
056-501-059
Land Assessment
$530,604
Improvements Assessment
$902,026
Total Assessment
$1,432,630
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