Keegan & Coppin, Company is pleased to present an opportunity to acquire this quality downtown retail investment property in the highly desirable Sonoma County Wine Region. Located in central Cloverdale and near several new developments, this multi-tenant property is nearby many restaurants, cafes, and boutique shopping stores.
Originally constructed in 1958 as a grocery store, the property was architecturally redesigned and professionally renovated in 2005 to feature eight (8) new tenant spaces and the recent addition of eight (8) brand new Tesla charging stations. The property is abundantly parked at over four (4) spaces per 1,000 sq ft of building area and fronts Cloverdale Boulevard providing all tenants excellent street exposure and signage visibility.
• All Tenant Leases are Triple Net with Annual Increases and Expense Pass-throughs
• Both En-Suite and Common Area Restrooms
• North and South Parking Lots Were Recently Resealed and Striped
• Coming Soon - $40 Million, 27,000+/- SF Alexander Valley Health Center directly across the street!
• Seller Will Guaranty Rents for Any Vacant Units for Up to One (1) Year From Close of Escrow