331 E Cotati Ave - Office FOR SALE


Cotati, CA 94931
$1,900,000 USD
707-479-1841
331 E Cotati Ave, Cotati, CA for Sale
$1,900,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

331 E Cotati Ave
Cotati, CA 94931


HIGHLIGHTS

  • Tenant has vacated & will make substantial buyout of lease ending 2/27.
  • Excellent Facility for Veterinary, Medical, Dental or Chiropractic.
  • Interior improvements include a large reception area with ADA approved counters, 6 exam rooms, 3 office rooms, and multiple large storage.

OVERVIEW

Approximately 4,770 square feet (Sonoma County Assessor’s Office). Parcel is approximately 18,295 square feet. 23 on-site parking spaces are exclusively part of the property with additional street parking available. - Leased through February 2027. - Vacant and available for occupancy by a new owner/user or tenant. - Current lease is triple net, covers all expenses, buyer could maintain as income property with $289,000 of income from 8/25 to 2/27. Lease is transferable to the new owner. Or the tenant is willing to buy out their Lease to allow the new owner to occupy. - Offers the building buyer flexible timing for occupancy. - Excellent income opportunity for new building owner/occupant. - An investor will receive the current monthly income and have time to secure a new tenant.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$422 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

144-281-038

ASK ABOUT THIS PROPERTY

Paul SchwartzCorcoran Icon PropertiesMore Info
707-479-1841

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Paul SchwartzCorcoran Icon PropertiesMore Info
707-479-1841

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