864-868 2nd Street — Sale in Santa Rosa, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Santa Rosa, CA 95404
- Year built: 1978
Photos
Investment Figures
- Cap rate
- 1.40%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The subject property presents an owner-user opportunity on a two-building, +/-37,500 SF parcel in Santa Rosa. The seller, a dentist, is retiring and will vacate the 2,100 SF main building upon sale, making it available for occupancy by a dental or medical buyer. The building features existing dental plumbing and is in excellent condition. The two co-tenants will remain in place, with their rental income available to offset debt service and operating expenses. The second building, approximately 4,000 SF, provides additional income potential or expansion space. Dedicated parking is provided for both buildings. The property is also well suited to an arms-length, value-add investment strategy, combining lease-up of the vacating main building with the existing co-tenant income and further upside potential from the second building. Investment Highlights: • Ideal Dentist Owner-User or Value Add Opportunity • Ample Onsite Parking • Medical Office Investment Opportunity
Market Context
This office in Santa Rosa, CA is listed for sale. It is offered at an approximate 1.4% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1978. Compare it against other office listings for sale in Santa Rosa, CA — view the full market.
Contact
- Quentin Caruso · (415) 625-2180 · quentin.caruso@marcusmillichap.com
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