Fantastic Investment Opportunity 1626 Piner Rd

4,130 SF Retail Building Santa Rosa, CA 95403 $1,995,000 ($483/SF) 7.22% Cap Rate

EXECUTIVE SUMMARY

Fantastic investment opportunity in a prime Santa Rosa location! Established tenant with a 10 year, Triple Net Lease at $12,000/month and a 7.22% Cap Rate. Extensive renovations of over $600,000 in the past couple years, including: new electrical and 400 amp service, A/C throughout, new plumbing and drainage, water filtration system, new roof, appliances, and fully redone asphalt/concrete in the ADA compliant parking lot. Truly a turn-key investment!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,130 SF
Building Class
B
Year Built
1980
Price
$1,995,000
Price Per SF
$483
Cap Rate
7.22%
NOI
$144,039
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.23 AC
Zoning
IL
Parking
7 Spaces (1.69 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (78)

NEARBY MAJOR RETAILERS

My Gym Children's Fitness Ctr
CrossFit
Trader Joe's
Bank of America
Dutch Bros Coffee
F45 Training
Starbucks
Yoga Six
Chase Bank
Denny's

PROPERTY TAXES

  • Listing ID: 34834392

  • Date on Market: 2/14/2025

  • Last Updated:

  • Address: 1626 Piner Rd, Santa Rosa, CA 95403