North Bay Property Advisors

North Bay Property Advisors

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Commercial Real Estate Sales, Leasing and Property Management in Northern California.

10/18/2023

11 W Barham offers 9,600 sq.ft of industrial space situated in SW Santa Rosa with easy access on to US Hwy 101 and US Hwy 12. Project is a multi-building complex with some excess land on the north end of the parcel. Property has recently been rezoned to Light Industrial, which can accommodate many industrial uses. The building offers 2 grade level doors, with one serviced by a loading dock as well. The property includes about 8K sq.ff of paved fenced yard, directly adjacent to the building, with additional rock yard of approximately. 76 acres potentially available on the north end of the property. The building offers approximately 7K sq.ft of warehouse with approximately 2,500 sq.ft of office. The office area has a contemporary flare, with good natural light and includes 3 private offices, break room, conference room and open work area. The office area has both heating and AC. The warehouse has abundant natural light around the perimeter, 2 14’ tall roll up doors with 400 amps supplied to the property. Great central Santa Rosa industrial building.

10/16/2023

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 $19K per month with an annual NOI estimated to be $167K based on 2024 rent roll. Offered cap rate is 6.6%, see attached financial analysis. 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.

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Santa Rosa, CA
95403