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Rohnert Park Retail Center 67 Golf Course Dr 4,705 SF 100% Leased Retail Building Rohnert Park, CA 94928 $3,650,000 ($775.77/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- The building is anchored by Starbucks, one of the most recognizable credit tenants in the world
- Rohnert Park maintains historically low retail vacancy rates driven by limited supply and steady population growth
- Delivered in 2018, the property offers modern construction and minimal near-term capital expenditure requirements
EXECUTIVE SUMMARY
Kidder Mathews is pleased to present the opportunity to acquire Rohnert Park Retail Center, a two-tenant, Starbucks anchored retail property located in Rohnert Park, CA. This opportunity is located directly off of Highway 101, and surrounded by popular national retailers such as Graton Resort & Casino, Costco, and Walmart.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,705 SF
Building Class
B
Year Built
2018
Price
$3,650,000
Price Per SF
$775.77
Cap Rate
5.50%
NOI
$200,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.98 AC
Zoning
C-R - Regional Commercial
Parking
73 Spaces (15.52 Spaces per 1,000 SF Leased)
Frontage
341’ on Redwood Dr
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 045-055-030 | Improvements Assessment | $22,756,586 |
| Land Assessment | $3,133,354 | Total Assessment | $25,889,940 |
PROPERTY TAXES
Parcel Number
045-055-030
Land Assessment
$3,133,354
Improvements Assessment
$22,756,586
Total Assessment
$25,889,940
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Rohnert Park Retail Center | 67 Golf Course Dr
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