3005 Wiljan Ct - Manufacturing FOR SALE


Santa Rosa, CA 95407
$6,250,000 USD
707-364-9008
3005 Wiljan Ct, Santa Rosa, CA for Sale
$6,250,000 USD
Manufacturing - FOR SALE
1/13
null | 8.8% Cap Rate

3005 Wiljan Ct
Santa Rosa, CA 95407


HIGHLIGHTS

  • Strong Existing Tenant
  • 11,527 SF Available For Owner/User or New Tenant
  • 3,500 SF Mezzanine Included in RSF
  • Let's Make A Deal

OVERVIEW

WeCann is proud to present this unique opportunity to acquire a 27,827 SF industrial property with strong cash-flow and vacancy for increased investment or owner occupant. The existing tenant is a well-positioned cannabis manufacturer with a proven track record of maintaining profitability in a competitive market, and which has maintained clockwork payments of monthly rent and operating expenses. The vacant unit has city approval for a cannabis micro-business. A buyer may either increase cash-flow through a new lease or occupy the unit. Property Highlights: 27,827 SF Building | 11,527 SF Vacant 1.28 Acre Lot Multiple Units 50+ Parking Spaces 1,000 AMPs – buyer to verify 18’ Clear Height 5 Roll-Up Doors Financial Summary: Regardless what a buyer is looking to accomplish, this property is a safe bet due to the strong existing tenant – a multi-state cannabis operator. An owner-occupant may occupy the 11,527 SF vacant unit and maintain a strong 8.8% CAP rate, or lease the building to a new operator which, depending on the use, can increase CAP returns up to 11.38% based on the asking price of $6,250,000.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

8.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

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

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.28

LAND SF

55,757

ZONING

IL, Santa Rosa

APN/PARCEL ID

043-220-006

ASK ABOUT THIS PROPERTY

Ben GoldmanWeCannMore Info
707-364-9008

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

Ben GoldmanWeCannMore Info
707-364-9008

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