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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