Investment Opportunity: Fully occupied, multi-tenant, industrial warehouse with large paved yard. This property is home to five cannabis tenants and one traditional use tenant, ensuring a diverse and stable income stream. With its attractive high cap rate of 6.54% this property is ideal for investors seeking reliable returns. The property spans 10,421 sq. ft. and includes 4,401 sq. ft. of cannabis-approved multi-tenant space, along with 6,020 sq. ft. dedicated to traditional tenant single-unit use. With unit sizes ranging from 350 sq. ft. to 6,020 sq. ft., this versatile industrial warehouse/office building is ideal for a variety of tenants.
LAST UPDATED
|
11/14/2024
|
YEAR BUILT
|
1968
|
COMMUNITY
|
Santa Rosa-Northwest
|
COUNTY
|
Sonoma
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
AREA |
Santa Rosa-Northwest |
BATHS PARTIAL |
0 |
LISTING TYPE |
Sale |
LOT |
0.61 acre(s) |
STORIES |
2 |
ZONING |
IL Light Industrial |
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