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- LoopNet Team
879 2nd St
Santa Rosa, CA 95404
Medical Office/Retail Building For Sale · Office Property For Sale
PROPERTY FACTS
ABOUT 879 2ND ST , SANTA ROSA, CA 95404
The offering is a 100% single tenant quasi-medical office/retail building for sale. The tenant is CVS Pharmacy occupying 4,266± sf on an 8,500± sf lot. The HVAC system has been recently upgraded. The office has a new roof and has upgrades to the mechanical/HVAC. The construction type is cylinder block/pour and concrete. There is a grade level roll-up door on the west side of the building convenient for unloading/distribution. The site is currently used as a wholesale manufacturing of medicine pharmacy. The original operator/owner was Omnicare. THE TENANT: CVS Pharmacy acquired Omnicare and will service the lease. The tenant (Omnicare/CVS Pharmacy) originated the lease in 2013. Tenant has two (2) 5-year options at fair market rent. The initial term will end in October 2018. Under market rent in a stable medical office sub market. LEASE TYPE: The lease is a NN (double net) lease. The tenant is responsible for property taxes and insurance for the subject property. Great Downtown/Central Santa Rosa location.
PROPERTY TAXES
| Parcel Number | 009-062-051 | Improvements Assessment | $789,195 |
| Land Assessment | $203,099 | Total Assessment | $992,294 |
PROPERTY TAXES
