Claim a high-yield investment in the heart of Yolo County with the performing, mixed-use facility available at 427-435 College Street and 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 and 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, the 427-435 College Street and 505-509 Bush Street property 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 in a premier downtown location, just a half-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 five 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 and 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 and 505-509 Bush Street.