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:
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeff and Tracey Schween shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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