5020 Redwood Dr - Fast Food FOR SALE
Rohnert Park, CA 94928 |
$1,875,000 USD
858-373-3184
5020 Redwood Dr
Rohnert Park, CA 94928
HIGHLIGHTS
- NNN Ground Lease Featuring 12% Rental Increases At Each Option. Recent Lease Extension and 30+ Year Historical Occupancy.
- Complete 2022 Renovation by the Tenant to New Prototype Building.
- Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility with Daily Traffic Counts of 16k+ Vehicles.
- Immediate Access to/from Highway 101 - One of Northern California’s Main North-South Arteries.
- Densely Populated and Affluent Area: Average Household Income of $130k+ within a 1-Mile Radius and over 122k People Residing with 5 Miles.
- Situated in One of Rohnert Park’s Busiest Commercial Corridors - the Site benefits from Heavy Foot and Vehicle Traffic.
OVERVIEW
30+ Year Historical Occupancy | Recent Lease Extension | Immediate Access to/from Hwy 101 - One of Northern California’s Main North-South Arteries | Adjacent to The Home Depot | Within Busy Commercial Corridor | Blocks away from Graton Resort & Casino - Sonoma County’s Largest Hospitality & Entertainment Destination | Densely Populated & Affluent Area: $130k+ Avg. HHI | Minutes from Sonoma State University
FOR SALE DETAILS
PRICE
$1,875,000 USD
PRICE/SF
$830 USD /SF
CAP RATE
4.8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BURGER KING W/ DR-THRU | NNN GROUND LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
CITYRP
APN/PARCEL ID
045-081-013
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858-373-3184
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858-373-3184
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