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State Farm Drive | Rohnert Park, CA

5420 State Farm Drive, Rohnert Park, CA 94928

State Farm Drive

Description

100% occupied. Newer 8,680SF multi-tenant retail/office/light industrial building built in 2006 and designed to potentially accommodate up to 5 tenants. This property is fully leased to three tenants under NNN leases. Units have a glass store front with glass entry doors in the front, and are accessed by a roll-up door and a walk-through door in the rear. There is ample on-site parking as well as available street parking.

 

100% NNN Leased Investment to 3 Quality Tenants

Perfect for Passive Investor/Low Management Required

High Volume Highway 101 Commercial Corridor

2 National Credit Tenants and 1 Local Tenant with over 30 years in business

Future upside potential including annual rent increases

Flexible design/zoning for Office, Retail, or Light Industrial uses

Industrial Property

Price: $

Gross Leasable Area: 8,680 SF

Price/SF: $

Property Type: Retail

Property Sub-type: Strip Center

Additional Sub-types: Office Showroom, Office-Warehouse, Community Center

Property Use Type: Net Lease Investment with 2 years left on lease

Commission Split: 

Cap Rate: 5.54%

Occupancy: 100%

No. Stories: 1

Tenancy: Multiple

Year Built: 2006

Lot Size: 37,462 SF

APN / Parcel ID: 143-021-046

Listing ID: 19395460

Last Updated: 9 days ago

Additional Information

The property is located near the intersection of Commerce Blvd. across from the new Rohnert Park Freeway Multi-Media Billboard, and near the Graton Resort & Casino with easy access to Highway 101 North and South at the Golf Course Drive freeway entrance/exit.

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