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5300 Snyder Lane

Rohnert Park, CA 94928
  • $2,540,000
  • STATUS: Active
  • ON SITE: 130 Days
  • ID#: 323915271
UPDATED: 24 min ago
$2,540,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Offering a fully-leased, 4-tenant medical office investment in a prime Rohnert Park location. Tenants include Sutter Health, two dentists and an endodontist. All tenants have been in the building in excess of 10 years. 100% leased with no vacancy in rent time. Tenants are on gross leases with annual adjustments. Building is exceptionally maintained with recent ADA upgrades to the building entry, ADA parking /loading, ramp and decking. The building perimeter provides a private garden-like setting visible from each tenant's panoramic window line. Truly unique and relaxing office environment is a favorite of doctors and patients alike. Pride of ownership, very well maintained. Property grosses about $20K per month with an annual NOI estimated to be $174K based on 2024 rent roll. Offered cap rate is 7.3%, see attached financial analysis. Prime location situated on the hard corner of Snyder Lane and Rohnert Park Expressway. Located approximately 1.5 miles from US Hwy 101 and about 1 mile east of the proposed new Rohnert Park Downtown Development. Property includes nearly 14,000+/- Sq. Ft. excess land, providing potential future development opportunities on this strategic location.

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© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2024-02-28T22:56:34.897.
www.showcaseproperties.com/homes/144586438
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5300 Snyder Lane Rohnert Park, CA 94928

  • Price: $2,540,000
  • Status: Active
  • On Site: 130 Days
  • Updated: 24 min ago
  • ID#: 323915271
0
Beds
0
Baths
0
½ Baths
1.33
Acres
Neighborhood:
Cotati/Rohnert Park
County:
Sonoma
Area:
Cotati/Rohnert Park
Property Description
Offering a fully-leased, 4-tenant medical office investment in a prime Rohnert Park location. Tenants include Sutter Health, two dentists and an endodontist. All tenants have been in the building in excess of 10 years. 100% leased with no vacancy in rent time. Tenants are on gross leases with annual adjustments. Building is exceptionally maintained with recent ADA upgrades to the building entry, ADA parking /loading, ramp and decking. The building perimeter provides a private garden-like setting visible from each tenant's panoramic window line. Truly unique and relaxing office environment is a favorite of doctors and patients alike. Pride of ownership, very well maintained. Property grosses about $20K per month with an annual NOI estimated to be $174K based on 2024 rent roll. Offered cap rate is 7.3%, see attached financial analysis. Prime location situated on the hard corner of Snyder Lane and Rohnert Park Expressway. Located approximately 1.5 miles from US Hwy 101 and about 1 mile east of the proposed new Rohnert Park Downtown Development. Property includes nearly 14,000+/- Sq. Ft. excess land, providing potential future development opportunities on this strategic location.
Exterior Features

Parking Total 38

Interior Features

Floor 0

Property Features

Auction No Building Features Reception Area Business Type DentalMedical Current Use OfficeOther Dock Doors 0 Electric Separate Electric Meter Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 1 Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Condition Exterior-Good Property Sub Type Office Property Type CommercialSale Retail Sq Ft 0 Sewer Public Sewer Utilities Separate Gas Meter Warehouse Sq Ft 0 Water Source Public

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Nick Abbott of North Bay Property Advisors: .


© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2024-02-28T22:56:34.897.
 
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