18580 Sonoma Hwy - Freestanding FOR SALE


Sonoma, CA 95476
$1,575,000 USD
510-926-9048
18580 Sonoma Hwy, Sonoma, CA for Sale
$1,575,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

18580 Sonoma Hwy
Sonoma, CA 95476


OVERVIEW

The subject property is a single-tenant, net-leased asset located on the busy arterial of Sonoma Highway (CA-12). The property has long been occupied by Donuts & Danish, which serves high-quality donuts and pastries. Situated between the Town of Sonoma and the Town of Boyes Hot Springs, Sonoma Highway is the main arterial through the northern portion of Sonoma Wine Country, and the primary route to Santa Rosa, Sonoma County’s largest city. This freestanding building enjoys a highly visible, dominant monument signage on Sonoma Highway. The approximately 2,694 square feet of improvements sit on a parcel of some 7,935 square feet. The site has six on-site parking spaces, and the building features a roll-up door at the rear. Currently, the tenant occupies the site month-to-month at well below market-correct rent levels for similar retail property in the Town of Sonoma submarket. The subject property offers an investor the opportunity to negotiate a long-term lease with the existing tenant at a sustainable, market-correct lease rate, ensuring tenant profitability, and an attractive return.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$607 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

LC, Sonoma County

APN/PARCEL ID

056-501-059

ASK ABOUT THIS PROPERTY

Quentin CarusoMarcus & MillichapMore Info
510-926-9048

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Quentin CarusoMarcus & MillichapMore Info
510-926-9048

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