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950 Stony Point Road, Santa Rosa, CA

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950 Stony Point Road

SEC Stony Point & Sebastopol Road
Santa Rosa, CA 95407 - Santa Rosa Ret Submarket


Property Type:Retail Sub Type:Freestanding Status:Proposed, breaks ground December 2016 Year Built:2017
Building Size:3,500 SF Land Area:.64 AC (28,000 SF)
For Sale Price:$3,200,000 Price/SF:$914.29
Cap Rate:3.75 %


The subject property is a build-to-suit or ground lease opportunity.

Sale Notes:
New 20 Year Absolute NNN Ground Lease
100% Fee Simple Interest
Zero Landlord Obligations
Scheduled 10% Increases in Rent
Lease is Guaranteed by Franchisee, NorCal Cajun Foods, Inc
Major Retail Trade Area
Description
This is a rare Santa Rosa, CA retail ground lease opportunity unlike anything else available in the market. The offering is the 100% fee simple interest in a 20 year corporate guaranteed ground lease with scheduled 10% increases every 5 years in both the initial term and at each of the three 5 year renewal options.
Santa Rosa is the county seat of Sonoma County, California, United States. The Census Bureau has estimated its 2012 population at 170,685. Santa Rosa is the largest city in California' s North Coast, Wine Country and the North Bay; the fifth most populous city in the San Francisco Bay Area after San Jose, San Francisco, Oakland, and Fremont; and the 26th most populous city in California.

SVN The Kase Group
Jacob Abusharkh
(925) 231-1770




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