1899 Mendocino Ave - Freestanding FOR SALE


Santa Rosa, CA 95401- Junior College
$6,250,000 USD
512-216-5495
1899 Mendocino Ave, Santa Rosa, CA for Sale
$6,250,000 USD
Freestanding - FOR SALE
1/9
null | 6.55% Cap Rate

1899 Mendocino Ave
Santa Rosa, CA 95401
Junior College


HIGHLIGHTS

  • Occupied by a premier local tenants that continued to pay rent through both the 2008 Financial Crisis and the 2020 COVID Pandemic
  • Stabilized NNN Investment
  • Irreplaceable location adjacent to Santa Rosa Junior College and within close proximity to major retailer

OVERVIEW

Alpha Real Estate is pleased to exclusively offer for sale a fee simple interest in 1899 Mendocino Avenue, Santa Rosa, CA "the "Subject Property". The Subject property is situated in a prime location on Mendocino Avenue, a main thoroughfare of Santa Rosa, and is anchored by the Community Market, which has occupied this site since 1987 and recently renewed their Lease. With another prominent location at the Barlow in Sebastopol, the Community Market is a local anchor for the community and small businesses. The property is located adjacent to Santa Rosa Junior College, which is consistently ranked among the Nation's top 100 community colleges. Please inquire with listing agents for additional information: Alex Provost (512) 216-5495 ap@alpharetx.com Jon Frager (650) 477-0376 jf@alpharetx.com

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$498 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Santa Rosa Community Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

CITYSR

APN/PARCEL ID

180-310-012

ASK ABOUT THIS PROPERTY

Alex ProvostAlpha Real Estate AdvisorsMore Info
512-216-5495

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Alex ProvostAlpha Real Estate AdvisorsMore Info
512-216-5495

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