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141 2nd St - Garage Retail Immeuble de 290 004 pi² • Spécialité • À vendre • Petaluma, CA 94952
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Faits saillants de l'investissement
- High Quality, Class “A” Office & Retail Asset
- Outstanding Opportunity to Monetize 532 Stall Parking Garage
- “Core” Property Located in Thriving Downtown
- 100% Occupancy & Stable Cash Flow
- Strong & Diverse Tenancy
- Ideal 1031 Exchange Asset
Résumé de l'annonce
Jones Lang LaSalle Brokerage, Inc. (“JLL”), as exclusive advisor, is pleased to present a rare and outstanding opportunity to acquire a 100% fee-simple interest in 111 to 141 2nd Street (“Garage Retail”), located in the Northern California city of Petaluma. The Property includes a 4-story structure with 28,751 RSF of ground floor office / retail space, which is 100% leased to ten diverse tenants. In addition, the building features a 532 stall Parking Garage, located in the three floors above the ground floor retail space.
The asset is located in heart of Petaluma’s thriving Downtown Theatre District, which continues to experience strong growth, vitalization and very low vacancy. Petaluma’s growth is being driven by an influx of young families moving to the area to take advantage of its high quality of life attributes and abundance of new housing developments, at more affordable price points than its neighboring counties. This demographic shift has energized downtown Petaluma, with new residents supporting local retailers, restaurants, and service businesses.
In addition to further anticipated population and rent growth, the ability to monetize the parking garage through paid parking (currently free), offers tremendous upside for new ownership. One of the premier parking garage operators recently analyzed this potential and concluded the site is well positioned to generate substantial additional income for ownership once implemented. This report is available to interested parties.
The asset is located in heart of Petaluma’s thriving Downtown Theatre District, which continues to experience strong growth, vitalization and very low vacancy. Petaluma’s growth is being driven by an influx of young families moving to the area to take advantage of its high quality of life attributes and abundance of new housing developments, at more affordable price points than its neighboring counties. This demographic shift has energized downtown Petaluma, with new residents supporting local retailers, restaurants, and service businesses.
In addition to further anticipated population and rent growth, the ability to monetize the parking garage through paid parking (currently free), offers tremendous upside for new ownership. One of the premier parking garage operators recently analyzed this potential and concluded the site is well positioned to generate substantial additional income for ownership once implemented. This report is available to interested parties.
Faits sur la propriété
| Type de vente | Investissement | Taille du bâtiment | 290 004 pi² |
| Type de propriété | Spécialité | Nombre d’étages | 1 |
| Sous-type de propriété | Parc de stationnement couvert | Année de construction | 2006 |
| Classe d’immeuble | C | Ratio de stationnement | 45/1 000 pi² |
| Taille du lot | 1,12 AC |
| Type de vente | Investissement |
| Type de propriété | Spécialité |
| Sous-type de propriété | Parc de stationnement couvert |
| Classe d’immeuble | C |
| Taille du lot | 1,12 AC |
| Taille du bâtiment | 290 004 pi² |
| Nombre d’étages | 1 |
| Année de construction | 2006 |
| Ratio de stationnement | 45/1 000 pi² |
Commodités
- Ligne d'autobus
- Affichage
1 1
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Bons transports en commun
60/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 9 934 865 $ CAD | |
| Évaluation du terrain | 937 303 $ CAD | Évaluation totale | 10 872 167 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
937 303 $ CAD
Évaluation des bâtiments
9 934 865 $ CAD
Évaluation totale
10 872 167 $ CAD
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141 2nd St - Garage Retail
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