1050 Hopper Ave - Industrial FOR SALE


Santa Rosa, CA 95403- Outer Santa Rosa
$7,400,000 USD
415-269-0599
1050 Hopper Ave, Santa Rosa, CA for Sale
$7,400,000 USD
Industrial - FOR SALE
1/7
null | 7.13% Cap Rate

1050 Hopper Ave
Santa Rosa, CA 95403
Outer Santa Rosa


HIGHLIGHTS

  • Air Monitor Corporation, a wholly owned subsidiary of TASI Group, has occupied the primary (±40,900 SF) building since original construction
  • Air Monitor Corporation is a leading manufacturer of airflow measurement and control technologies
  • United Generator is an established generator sales and service provider with over 20 years of operating history
  • Rare North Bay net lease investment opportunity located in a supply-constrained infill industrial market with high barriers to entry
  • Tenants operate in mission-critical industrial sectors, supporting long-term occupancy and strong retention.
  • Recent capital improvements, including a new roof on the annex building, and upgraded interior finishes

OVERVIEW

To access the OM, please email Isabella Mayfield (isabella.mayfield@cushwake.com). Cushman & Wakefield is pleased to present the opportunity to acquire ±40,900 square foot freestanding industrial building in front and a ±3,265 square foot annex industrial building in the rear on an approx. 91,341 square foot lot with on-site parking located in Santa Rosa, California leased to Air Monitor Corp. and United Generator. 1050 Hopper Avenue is located in North Santa Rosa just west of Highway 101 (112,400 VPD) in a dense, mixed-use industrial, R&D and retail corridor between Airway Drive and Skyview Drive. Surrounding demographics are excellent with average household income of over $125,000 and a population of nearly 184,000 within five miles. Notable nearby tenants include Tesla, Caliber Collision, Interstate Battery Center, UPS, Nanosyn, Harbor Freight Tools, Sherwin Williams, 24 Hour Fitness, and Trader Joe’s, among many others. Highway 101 connects Santa Rosa with the Sonoma County Airport just five miles north of the property, and to Healdsburg and the world-famous Sonoma Russian River Valley wine producing region beyond. Five miles south of the property, State Route 12 connects Santa Rosa to the town of Sonoma, and the world-famous Napa Valley to the east. Downtown San Francisco is one hour south of the property along Highway 101.

FOR SALE DETAILS

PRICE

$7,400,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

7.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Air Monitor & United Generator

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2.1

LAND SF

91,476

ZONING

-

APN/PARCEL ID

015-360-050

ASK ABOUT THIS PROPERTY

Andrew BogardusCushman & WakefieldMore Info
415-269-0599

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Andrew BogardusCushman & WakefieldMore Info
415-269-0599

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.