2450-2494 W 3rd St | Santa Rosa, CA 95401
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2450-2494 W 3rd St
Santa Rosa, CA 95401
Big Oak Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Signalized intersection with 30,000 ADT and over 175,000 population in a 5-mile radius
- Mixed-use neighborhood center with 25,538 SF, with approx. 20,456 SF of retail and 5,082 SF of office
- Smaller Tenant spaces which generally result in faster lease executions and lesser TIA and improvements
- Recent transition from modified gross to triple net lease provides an extensive value-add opportunity
- Extensive recent capex including but not limited to parking lot stripe and seal, exterior paint, and patio space added to the restaurant spaces
- Favorable debt environment delivering large yield spread
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,538 SF
Building Class
B
Year Built
1985
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
2.59 AC
Zoning
C-1-PD, Santa Rosa - C-1-PD, Santa Rosa
Parking
146 Spaces (5.72 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 035-500-031 | Improvements Assessment | $1,276,642 |
| Land Assessment | $1,972,992 | Total Assessment | $3,249,634 |
PROPERTY TAXES
Parcel Number
035-500-031
Land Assessment
$1,972,992
Improvements Assessment
$1,276,642
Total Assessment
$3,249,634
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