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1042 Hopper Ave
Santa Rosa, CA 95403
Newly Leased Single Tenant Industrial · Industrial Property For Sale

Investment Highlights

  • ?New 7-year net lease with minimal landlord responsibilities
  • ?Wine Country Closures, Inc has more than 50 years of industry expertise and offers an extensive product portfolio of wine and other bottle caps
  • External tank area with sloped pad area & drains
  • ?3% annual rent increases through the primary term and option
  • ?Privately owned, this company recently moved their headquarters to this building from Fairfield CA.
  • ?Rare North Bay net lease investment opportunity located in a supply-constrained infill industrial market with high barriers to entry

Executive Summary

To access the OM, please email Isabella Mayfield (isabella.mayfield@cushwake.com).
Cushman & Wakefield is pleased to present the opportunity to acquire a recently renovated ±11,175 square foot freestanding concrete tilt-up industrial building on a ±49,096 square foot lot with on-site parking and secure yard located in Santa Rosa, California leased to Wine Country Closures, Inc.? for 7 years on a net lease basis.?
1042 Hopper Avenue is located in North Santa Rosa just west of Highway 101 (112,400 VPD) in a dense, mixed-use industrial, R&D and retail corridor between Airway Drive and Skyview Drive.? Surrounding demographics are excellent with average household income of over $125,000 and a population of nearly 184,000 within five miles.? Notable nearby tenants include Tesla, Caliber Collision, Interstate Battery Center, UPS, Nanosyn, Harbor Freight Tools, Sherwin Williams, 24 Hour Fitness, and Trader Joe’s, among many others.? Highway 101 connects Santa Rosa with the Sonoma County Airport just five miles north of the property, and to Healdsburg and the world-famous Sonoma Russian River Valley wine producing region beyond.? Five miles south of the property, State Route 12 connects Santa Rosa to the town of Sonoma, and the world-famous Napa Valley to the east.? Downtown San Francisco is one hour south of the property along Highway 101.?

Property Facts

Sale Type Investment or Owner User
Cap Rate 6%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 0.89 AC
Rentable Building Area 13,579 SF
No. Stories 1
Year Built/Renovated 1968/2025
No. Dock-High Doors/Loading 2
Zoning IL - Light Industrial

Property Taxes

Property Taxes

Parcel Number
015-360-050
Land Assessment
$6,478,233 CAD
Improvements Assessment
$8,471,535 CAD
Total Assessment
$14,949,768 CAD
  • Listing ID: 31642887

  • Date on Market: 2024-04-29

  • Last Updated:

  • Address: 1042 Hopper Ave, Santa Rosa, CA 95403

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