Rohnert Park, CA - Mountain Shadows Plaza
$16,956,000
901, 941, 967 and 968 Golf Course Drive, Rohnert Park, CA 94928
77,651 sqft
Building Size
Details:
Description:
SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Mountain Shadows Plaza, a Walmart Neighborhood Market anchored center located in the Bay Area city of Rohnert Park, CA. Mountain Shadows Plaza is 89% occupied across five buildings. At the current offering price of $223 PSF, the asset is priced approximately 30% below replacement cost.
The Walmart Neighborhood Market at this site has extremely strong sales with a planned 4,969 SF expansion which will feature a drive-up product pick up area– Contact agent for more details.
Mountain Shadows Plaza is located at the signalized, hard corner intersection of Golf Course Dr. and Country Club Dr. with 20,300 combined cars passing by daily. The site is also 1-mile east of U.S Highway 101 with 126,700 cars per day.
Mountain Shadows is 2-miles from Sonoma State University (5,800 students and 1,200 faculty & staff), providing a direct consumer base to draw from.
Rohnert Park is Sonoma County’s third largest city and is a gateway city to the county’s Wine Country. The 1-mile trade area features an affluent average household income of $141,000.
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