Claim a high-yield investment in the heart of Yolo County with the performing, mixed-use facility available at 427-435 College Street & 505-509 Bush Street in Woodland, California.
Spanning a total of 22,006 square feet, the property was originally built on 0.85 acres in 1921 and has been comprehensively rehabilitated in 2016/2017, now offering an industrial chic aesthetic with modern building systems. The property boasts low-maintenance concrete and steel construction and has been extensively improved with energy efficient heating and cooling, electrical and plumbing upgrades, and a new single ply cool roof that is ready for solar.
Currently 95% occupied by a diverse mix of medical, professional, retail, and service tenants, 427-435 College Street & 505-509 Bush Street delivers stable existing rental income for investors. Only one space is currently available, measuring 1,038 square feet, providing an immediate occupancy or leasing upside to a new owner.
The property is situated with a premier downtown location, just half a block off Woodland’s Main Street corridor. This bustling center of activity serves as the primary East-West artery for the city, connecting to Interstate 5 in just 5 minutes. With a wealth of walkable retailers, restaurants, art galleries, and cultural attractions, the charming, historic surroundings draw consistent vehicle and foot traffic and offer exceptional convenience for tenants.
Placed within the Davis/Woodland Office Submarket, the new owner of 427-435 College Street & 505-509 Bush Street will be able to leverage tight leasing fundamentals to secure new tenants and negotiate rental rates. Currently, vacancies in the region sit at just 7.9%, with no new office inventory built over the last decade. This high-demand environment has driven consistent rent growth for investors, with rates up 1.8% year over year.
Don’t miss out on this incredible mixed-use investment opportunity that blends stable in-place income with a premier location in Downtown Woodland. Contact Ron Caceres today to schedule a tour and learn about the advantages of choosing 427-435 College Street & 505-509 Bush Street.