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Santa Rosa Community Market 1899 Mendocino Ave 12,549 SF Retail Building Santa Rosa, CA 95401 $6,250,000 ($498.05/SF) 6.55% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Occupied by a premier local tenants that continued to pay rent through both the 2008 Financial Crisis and the 2020 COVID Pandemic
  • Irreplaceable location adjacent to Santa Rosa Junior College and within close proximity to major retailer
  • Stabilized NNN Investment

EXECUTIVE SUMMARY

Alpha Real Estate is pleased to exclusively offer for sale a fee simple interest in 1899 Mendocino Avenue, Santa Rosa, CA "the "Subject Property". The Subject property is situated in a prime location on Mendocino Avenue, a main thoroughfare of Santa Rosa, and is anchored by the Community Market, which has occupied this site since 1987 and recently renewed their Lease. With another prominent location at the Barlow in Sebastopol, the Community Market is a local anchor for the community and small businesses. The property is located adjacent to Santa Rosa Junior College, which is consistently ranked among the Nation's top 100 community colleges. Please inquire with listing agents for additional information:
Alex Provost
(512) 216-5495
ap@alpharetx.com
Jon Frager
(650) 477-0376
jf@alpharetx.com

ATTACHMENTS

1899 OM 2025

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,549 SF
Building Class
B
Year Built
1957
Price
$6,250,000
Price Per SF
$498.05
Cap Rate
6.55%
NOI
$409,686
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.96 AC
Zoning
CITYSR
Parking
41 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
82’ on Mendocino Avenue
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Vitality Bowls
Baja Fresh Mexican Grill
Five Guys
Chase Bank
Santa Rosa Dental Group Inc
Dutch Bros
Starbucks
Safeway
Peet's Coffee
Orangetheory Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
180-310-012
Land Assessment
$1,236,307
Improvements Assessment
$4,945,229
Total Assessment
$6,181,536
  • Listing ID: 35771154

  • Date on Market: 5/7/2025

  • Last Updated:

  • Address: 1899 Mendocino Ave, Santa Rosa, CA 95401

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