Coddingtown Plaza Business Park 5 biens | Bureau | À vendre | 9 811 118 € | Santa Rosa, CA

Coddingtown Plaza Business Park presents an opportunity to acquire a multi-tenant commercial asset in one of Santa Rosa’s most established service and retail corridors. Codding Construction developed and built the buildings and Codding Enterprises has been the only owners of the property. The property consists of multiple buildings with a diverse mix of office, service, and institutional tenants, providing strong in-place income with additional upside through lease rollover and vacancy absorption.
The project consists of 67,610 Sf of building situated on 5.63 acres. The rent roll consists of a total of 26 tenants anchored by four major tenants Social Security, WIC, Prime Time Nutrition, and Band of Kashia Pomo Indians. These major tenants account for 60% of the leasable area, creating a stable income base that is not reliant on traditional retail performance. A portion of the tenancy remains month-to-month or nearing expiration, offering a clear path to increase rents and improve overall cash flow.
Positioned directly adjacent to Coddingtown Regional Shopping Center and within close proximity to Highway 101, the SMART station and with a city bus stop adjacent to the property, The property benefits from strong accessibility, consistent tenant demand, and long-term relevance within the Santa Rosa market.
Included in the Sale:
BUILDING SIZES:
2097 Range Avenue: Parking Lot
2099 Range Avenue: 14,520+/- sq. ft.
1400 Guerneville Road: 8,640+/- sq. ft.
1410 Guerneville Road: 8,400+/- sq. ft.
1420 Guerneville Road: 12,000+/- sq. ft.
1440/1450 Guerneville Road: 24,050+/- sq. ft.
Total: 67,610+/- SF