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FEATURES• 2,333± sf Building
• 6.42% CAP
• New 5 Year Lease
• On-site Parking
• Quiet Garden Setting with Private Deck
• Easy Access to Highway 12 & 101
• Close Proximity to Downtown SantaRosa, Restaurants, and Shops
SALE PRICE
$500,000
Vicinity Map
O N C O R I N T E R N A T I O N A LCommercial Real Estate Services
KEEGAN & COPPIN COMPANY, INC.
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Maps provided by Google Inc. & Microsoft Corp., respectively.
Keegan & CoppinREAL ESTATE
Office Building for Sale333 South E Street, Santa Rosa, CA
Peter Briceño, Agent1355 N Dutton Ave., Santa Rosa, CA 95401
(707) 528-1400 • Fax: (707) 524-1419Lic. #: 01885655
O N C O R I N T E R N A T I O N A LCommercial Real Estate Services
KEEGAN & COPPIN COMPANY, INC.
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Maps provided by Google Inc. & Microsoft Corp., respectively.
Keegan & CoppinREAL ESTATE
Office Building for Sale333 South E Street, Santa Rosa, CA
Peter Briceño, Agent1355 N Dutton Ave., Santa Rosa, CA 95401
(707) 528-1400 • Fax: (707) 524-1419Lic. #: 01885655
PROPERTY:
Location: Price
Price/psf
Size: Cap Rate 6.95% Description: Current Rent Proforma Rent
Annual NOI $32,110 $34,763 Annual Debt Service ($25,416) ($25,416)
Site: Annual Cash Flow $6,694 $9,347
Zoning: Cash Flow % 3.83% 5.34%
Current Rent Projected Rent Scheduled Gross Income $43,260 $45,913
$0 $0 Down Payment $175,000 Less Vacancy 0.0% $0 $0 Annual Adjusted Income $43,260 $45,913 Loan Amount $325,000 Less Expenses -$11,150 ($11,150) Annual NOI $32,110 $34,763 Interest Rate 4.85% Less Annual Debt Service ($25,416) ($25,416) Cash Flow $6,694 $9,347 Amortization (Yrs) 20 Cash Flow % 3.83% 5.34%
Debt Service ($25,416)
SCHEDULED INCOME
Rent/SF Monthly Rent Lease Exp. Rent/SF Taxes $6,250$1.55 $3,605.00 4/30/2022 $1.64 $3,826.12 Insurance $1,500$0.00 $0.00 Maintenance $3,000$0.00 $0.00 Utilities $400$0.00 $0.00 Common Area$0.00 $0.00 Reserves$0.00 $0.00 Management$0.00 $0.00 Other
Total: $3,605.00 $3,826.12 Total Expenses $11,150
Annual Scheduled Annual Projected Annual Monthly x 12 $43,260 Monthly x 12 $45,913 Reimbursements
REMARKS:
KEEGAN & COPPIN COMPANY, INC.Oncor International
Commercial Real Estate Services
Annual Expenses
Loan Data
Current and Projected (P)Current Leases
2,332 sf
34,188 sf
ANNUAL OPERATING DATA
South of Downtown Santa Rosa CA
COMMERCIAL PROPERTY INVESTMENT
333 South E Street, Santa Rosa
Proforma Cap Rate
Proforma Leases
$500,000#VALUE!
6.42%
Matt P 2,333Lessee
Plus Reimbursement
Monthly RentApprox. SF
Property is a 2,333 square foot stand alone office building on a .78 acre lot.
The above information and projection is based on data provided by seller and certain assumptions and projections about the future.A prospect should verify information and assumptions to determine applicability and risk.
2,333
TYPEOffice
ADDRESS333 South E StreetSanta Rosa, CA 95404
APN#009-253-019
ZONINGR-3-18-H
BUILDING SIZE2,333± sf
ASKING PRICE$500K
LOT SIZE34,188± sf
PARKINGon-site and street
DESCRIPTION OF PREMISES - FEATURES:Stand alone building on southern portion of E Street. Building has on-site parking, as well as available street parking. Very useful floor plan. Fantastic private deck area in the rear. Current tenant recently extended lease term for an additional 5 years.
DESCRIPTION OF LOCATION - AREA:A stone’s throw from Downtown Santa Rosa, this building also has easy access to Highway 12 and Highway 101. Proximity to countless shopping and eating options.
O N C O R I N T E R N A T I O N A LCommercial Real Estate Services
KEEGAN & COPPIN COMPANY, INC.
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Maps provided by Google Inc. & Microsoft Corp., respectively.
Keegan & CoppinREAL ESTATE
Office Building for Sale333 South E Street, Santa Rosa, CA
Peter Briceño, Agent1355 N Dutton Ave., Santa Rosa, CA 95401
(707) 528-1400 • Fax: (707) 524-1419Lic. #: 01885655