Stable Investment Opportunity
$3,000,000
3401 - 3407 Industrial Dr., Santa Rosa, CA 95403
6.54
Cap Rate
196,198.08
NOI
Details:
Highlights:
- - 10,421 SF building with 6 units
- - Renovated in 2019
- - Zoned IL- Light Industrial
- - Prime location in Santa Rosa
- - 100% occupancy
- - Ideal for industrial/manufacturing use
- - Well-maintained and updated
- - Ample parking space
- - Flexible floor plan options
- - Modern amenities and features
- - Close proximity to major transportation routes
Description:
Take advantage of this unique investment opportunity featuring a fully occupied industrial warehouse. This property is home to five cannabis tenants and one traditional use tenant, ensuring a diverse and stable income stream.
With its attractive high cap rate, this property is ideal for investors seeking reliable returns. Additionally, the warehouse boasts excess gated yard space, providing flexibility for various uses and potential expansion.
Don’t miss out on this prime commercial opportunity!
Situated just 3 minutes from the 101 N and 101 S highways, this prime location offers easy access to major transportation routes, enhancing connectivity for businesses and clients alike. The property spans ±10,421 sq. ft. and includes ±4,401 sq. ft. of cannabis-approved multi-tenant space, along with ±6,020 sq. ft. dedicated to traditional tenant single-unit use. With unit sizes ranging from 350 sq. ft. to 6,020 sq. ft., this versatile industrial warehouse/office building is ideal for a variety of tenants.
Wet
3 Spaces Available
3407 Industrial Dr. , B, 1st Unknown Sub Type
Space carries a type 6 Cannabis Manufacturing permit. Consists of a main room and private office. fully sprinklered and conditioned. Asking rent is $3.50 per square foot plus NNN which is an estimated $.83 per square foot.
3407 Industrial Dr., A, 1 Warehouse
Cannabis Distribution Space. One grade level roll up door. Separate Man door entrance. Fully Sprinklered and outfit with HVAC and floor drains. Currently a Cannabis distribution operator.
Unit A Unknown Sub Type
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