Active
5300 Snyder Ln
Rohnert Park CA, 94928
$2,540,000
Active
Commercial
Offering a fully-leased, 4-tenant medical office investment in a prime Rohnert Park location. Tenants include Sutter Health, two dentists and an endodontist. All tenants have been in the building in excess of 10 years. 100% leased with no vacancy in rent time. Tenants are on gross leases with annual adjustments. Building is exceptionally maintained with recent ADA upgrades to the building entry, ADA parking /loading, ramp and decking. The building perimeter provides a private garden-like setting visible from each tenant's panoramic window line. Truly unique and relaxing office environment is a favorite of doctors and patients alike. Pride of ownership, very well maintained. Property grosses about $20K per month with an annual NOI estimated to be $174K based on 2024 rent roll. Offered cap rate is 7.3%. Prime location situated on the hard corner of Snyder Lane and Rohnert Park Expressway. Located approximately 1.5 miles from US Hwy 101 and about 1 mile east of the proposed new Rohnert Park Downtown Development. Property includes nearly 14,000+/- Sq. Ft. excess land, providing potential future development opportunities on this strategic location.
323915271
MLSⓇ ID
April 27, 2024
Updated
Map
5300 Snyder Ln
Rohnert Park CA, 94928
Interior Features
Total Stories
0
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.33 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Cotati/Rohnert Park
Garage
No
Parking Total
38
View
No
County
Sonoma
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listed by Nick Abbott (01357548) with North Bay Property Advisors
Listing Contact:
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