3192 Coffey Ln, Santa Rosa, CA 95403
23,984 SF | 100% Leased | Industrial Building | Santa Rosa, CA 95403 | $5,400,000 ($225/SF)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $5,400,000
- Property Type
-
Industrial
- Price / Square Foot
- $225
Listing Contacts
Stephen Skinner
Verified Profile
- Property Info
Property Overview
Explore the exceptional investment potential of 3192 Coffey Lane, a distinguished industrial property in a prime location. This expansive complex, spanning a total of 24,000 sq ft, is strategically segmented into three robust buildings, each offering 8,000 sq ft of versatile space. Currently, the property is fully leased, presenting a steady income stream with significant upside potential. The leases, set below the current market rate, are short-term, offering a unique opportunity for astute investors. This arrangement allows for flexibility in strategizing future lease rate escalations to align with market trends, maximizing ROI.
For owner-users, this property offers a dual advantage. It serves as a solid leased investment, ensuring a reliable income source, while also providing operational space to accommodate various business needs. The current lease structure offers the possibility of gradual occupation, aligning with business growth or strategic realignment. 3192 Coffey Lane stands as an unparalleled opportunity for investors seeking a blend of stable income and growth potential in the dynamic industrial real estate market.
For owner-users, this property offers a dual advantage. It serves as a solid leased investment, ensuring a reliable income source, while also providing operational space to accommodate various business needs. The current lease structure offers the possibility of gradual occupation, aligning with business growth or strategic realignment. 3192 Coffey Lane stands as an unparalleled opportunity for investors seeking a blend of stable income and growth potential in the dynamic industrial real estate market.
Property Details
- Class
- B
- Year Built
- 1989
- Stories
- 1
- Lot Size (sq. ft)
- 81,022 SF
Highlights
- Below Market Rents
- Short Term Leases
- Ability to create private yard
- 800 Amps 3 Phase power per building
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