901-997 Golf Course Dr, Rohnert Park, CA 94928

77,651 SF | 97% Leased | Retail Building | Rohnert Park, CA 94928 | $16,956,000 ($218/SF)

Asking Price $16,956,000

Property Type
Retail, Restaurant
Square Feet
77,651 SF
Price / Square Foot
$218

Listing Contacts

John Redfield
John Redfield
Joe Chichester
Joe Chichester
Kyle Zimmer
Kyle Zimmer
Blake Mericle
Blake Mericle
  • Property Info

Property Overview

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Mountain Shadows Plaza, a Walmart Neighborhood Market anchored center located in the Bay Area city of Rohnert Park, CA. Mountain Shadows Plaza is 89% occupied across five buildings. At the current offering price of $223 PSF, the asset is priced approximately 30% below replacement cost.

Property Details

Class
C
Year Built/Renovated
1985/2003
Stories
1
Property Subtype
Freestanding, Other Health Care
Lot Size (sq. ft)
324,522 SF

Highlights

  • Anchored by Walmart Neighborhood Market, occupying 49% of the GLA
  • High performing Walmart Neighborhood Market with 4,969 SF expansion
  • Currently 89% occupied with a majority of the center at below market rents
  • Potential upside through lease up and bringing rents to market as leases expire for shop tenants
  • Less than two miles away from Sonoma State University
  • Currently selecting developers for its first downtown project,

All available spaces

Space
1st Fl-Ste 971
Size
11,001,110 SF
Condition
Full Build-Out

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