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Former Longs/CVS for Lease 788 Gravenstein Hwy N 26,278 SF of Retail Space Available in Sebastopol, CA 95472
HIGHLIGHTS
- ±26,278 SF former CVS / Longs
- Loading dock + rear service corridor
- Hwy 116 frontage and monument signage
- CG zoning – flexible commercial uses
- Anchored by Lucky, O’Reilly, Starbucks
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 26,278 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Address: 788 Gravenstein Hwy. N, Sebastopol, CA Size: ±26,278 SF History: Former Longs/CVS Corporate. Property under active, independent ownership and leasing Land: 0.69 AC | 30,056 SF Loading: 1 Dock Signage: Monument Signage on Gravenstein Highway N. Parking Spaces: 225 Surface Parks Co-Tenants: Lucky Supermarket, O'Reilly Auto, Starbucks Zoning: CG (Commercial General) Ideal Uses: • Large Specialty / Lifestyle Retail • Furniture / Home Furnishing / Design Showroom • Wellness Anchor (Large Format) • Experiential / Entertainment Retail • Medical / Wellness (Non-Pharmacy) • Call Center / Office-Showroom Hybrid • Education / Institutional Light Use
- 1 Loading Dock
- Anchor Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 26,278 SF | Total Land Area | 0.69 AC |
| Property Type | Retail | Year Built | 1985 |
| Property Subtype | Drug Store | Parking Ratio | 8.56/1,000 SF |
| Gross Leasable Area | 26,278 SF |
| Total Space Available | 26,278 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 26,278 SF |
| Total Land Area | 0.69 AC |
| Year Built | 1985 |
| Parking Ratio | 8.56/1,000 SF |
ABOUT THE PROPERTY
Redwood Marketplace offers a rare opportunity to lease a ±26,278 SF former Longs/CVS big-box building located at 788 Gravenstein Highway North in Sebastopol’s primary retail corridor. The property is part of a well-established neighborhood shopping center anchored by Lucky Supermarket, O’Reilly Auto Parts, and Starbucks, providing consistent daily traffic and strong co-tenancy. The building sits on a ±0.69-acre parcel with excellent visibility, monument signage, and approximately 225 surface parking spaces, well above typical ratios for large-format retail, medical, or institutional users. The site includes one existing loading dock, rear service corridor, and efficient circulation suitable for a variety of commercial layouts. The property is currently offered as a single ±26,278 SF space but also features a conceptual demising plan allowing the building to be divided into two large tenant spaces of approximately ±16,200 SF and ±10,100 SF, providing flexibility for multiple tenancy strategies or phased leasing. Demising would allow for independent tenant areas while retaining shared access to parking and loading infrastructure. Zoned CG (Commercial General), the property supports a broad range of uses including large-format specialty or lifestyle retail, furniture and design showroom concepts, wellness or medical users (non-pharmacy), experiential or entertainment retail, education or institutional uses, and office-showroom or call-center hybrids. Positioned along Gravenstein Highway (Highway 116), the property benefits from strong regional connectivity between Sebastopol, Santa Rosa, and West County, as well as increasing residential density driven by multiple nearby approved and planned developments. Surrounding demographics reflect above-average household income and net worth, supporting both destination-oriented and service-driven tenancy. This offering represents one of the few remaining large-block lease opportunities in Sebastopol with scale, parking, zoning flexibility, and optional demising potential in a supply-constrained market.
- Pylon Sign
- Monument Signage
NEARBY MAJOR RETAILERS
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Former Longs/CVS for Lease | 788 Gravenstein Hwy N
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