2321-2329 Circadian Way - Manufacturing FOR SALE


Santa Rosa, CA 95407
$13,632,000 USD
707-484-1948
2321-2329 Circadian Way, Santa Rosa, CA for Sale
$13,632,000 USD
Manufacturing - FOR SALE
1/5
null | 5.04% Cap Rate

2321-2329 Circadian Way
Santa Rosa, CA 95407


HIGHLIGHTS

  • 42,319 SF available in August is perfect for wine storage.
  • The property is located in Northpoint Business Park which was built in 1986 to accommodate light manufacturing and office and warehouse requirements.

OVERVIEW

This investment offering is a fully leased investment with two tenants. Brady industries has leased 42,319 until August 2024 and Grow Strong Industries has signed a new lease beginning in May 2023. The building is a high cube industrial warehouse building with 4 recessed docks in the back and grade level doors on three sides of the building. The truck access is excellent and can service large delivery trucks. Both spaces have private offices and room for work stations in the front of the building with more than adequate parking around the building. This property is situated in Northpoint Business Park which was established in 1986 with tenants and building owners such as Kaiser Permante, Amy’s Kitchen, Info Stor, VA Hospital, Satellite Health, and Sonic (internet providers). This is currently owned by the original developers who own the other industrial properties surrounding this property. It is rare for this to go on the market as an individual purchase.

FOR SALE DETAILS

PRICE

$13,632,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

5.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

25 Ft

DOCKS

4

DRIVE INS

3

PARKING SPACES

157

LAND DETAILS

LAND ACRES

3.15

LAND SF

137,214

ZONING

BP

APN/PARCEL ID

035-133-020

ASK ABOUT THIS PROPERTY

Barry PalmaNewmarkMore Info
707-484-1948

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Barry PalmaNewmarkMore Info
707-484-1948

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.