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.
Listing courtesy of Dale Dockins at North Bay Commercial R EProperty Details
Price:
$3,000,000
MLS #:
324089422
Status:
Active
Baths:
0
Address:
3401 3407 Industrial Drive
Type:
Commercial
Subtype:
Industrial
Neighborhood:
santarosanorthwest
City:
Santa Rosa
State:
CA
Finished Sq Ft:
10,440
ZIP:
95403
Lot Size:
26,572 sqft / 0.61 acres (approx)
Year Built:
1968
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Since being licensed in 2003, I have represented hundreds of home buyers and sellers. My passion for real estate and commitment to my clients inspired me to elevate my license status to Broker, the highest licensing credential in real estate. This allows me to represent my clients with a broader skill set and a deeper understanding of the industry.I work hard to ensure my clients’ success, with a focus on engaging in a direct and personalized way. My approach to real estate is modern and strai…
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3401 3407 Industrial Drive
Santa Rosa, CA
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