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Résumé de l'annonce
Coddingtown Plaza Business Park presents an opportunity to acquire a multi-tenant commercial asset in one of Santa Rosa’s most established service and retail corridors. Codding Construction developed and built the buildings and Codding Enterprises has been the only owners of the property. The property consists of multiple buildings with a diverse mix of office, service, and institutional tenants, providing strong in-place income with additional upside through lease rollover and vacancy absorption.
The project consists of 67,610 Sf of building situated on 5.63 acres. The rent roll consists of a total of 26 tenants anchored by four major tenants Social Security, WIC, Prime Time Nutrition, and Band of Kashia Pomo Indians. These major tenants account for 60% of the leasable area, creating a stable income base that is not reliant on traditional retail performance. A portion of the tenancy remains month-to-month or nearing expiration, offering a clear path to increase rents and improve overall cash flow.
Positioned directly adjacent to Coddingtown Regional Shopping Center and within close proximity to Highway 101, the SMART station and with a city bus stop adjacent to the property, The property benefits from strong accessibility, consistent tenant demand, and long-term relevance within the Santa Rosa market.
Included in the Sale:
BUILDING SIZES:
2097 Range Avenue: Parking Lot
2099 Range Avenue: 14,520+/- sq. ft.
1400 Guerneville Road: 8,640+/- sq. ft.
1410 Guerneville Road: 8,400+/- sq. ft.
1420 Guerneville Road: 12,000+/- sq. ft.
1440/1450 Guerneville Road: 24,050+/- sq. ft.
Total: 67,610+/- SF
The project consists of 67,610 Sf of building situated on 5.63 acres. The rent roll consists of a total of 26 tenants anchored by four major tenants Social Security, WIC, Prime Time Nutrition, and Band of Kashia Pomo Indians. These major tenants account for 60% of the leasable area, creating a stable income base that is not reliant on traditional retail performance. A portion of the tenancy remains month-to-month or nearing expiration, offering a clear path to increase rents and improve overall cash flow.
Positioned directly adjacent to Coddingtown Regional Shopping Center and within close proximity to Highway 101, the SMART station and with a city bus stop adjacent to the property, The property benefits from strong accessibility, consistent tenant demand, and long-term relevance within the Santa Rosa market.
Included in the Sale:
BUILDING SIZES:
2097 Range Avenue: Parking Lot
2099 Range Avenue: 14,520+/- sq. ft.
1400 Guerneville Road: 8,640+/- sq. ft.
1410 Guerneville Road: 8,400+/- sq. ft.
1420 Guerneville Road: 12,000+/- sq. ft.
1440/1450 Guerneville Road: 24,050+/- sq. ft.
Total: 67,610+/- SF
Taxes et dépenses d’exploitation (Réel - 2026) |
Annuel (CAD) |
|---|---|
| Revenu de location brut |
1 567 634 $
|
| Autres revenus |
191 770 $
|
| Perte due à l’inoccupation |
-
|
| Revenu brut effectif |
1 759 404 $
|
| Taxes |
-
|
| Dépenses d’exploitation |
-
|
| Total des dépenses |
753 341 $
|
| Revenu net d’exploitation |
1 006 063 $
|
Taxes et dépenses d’exploitation (Réel - 2026)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 1 567 634 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | 191 770 $ |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 1 759 404 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | - |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 753 341 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 1 006 063 $ |
Faits sur la propriété
| Prix | 15 484 706 $ CAD | Statut | Actif |
| Prix/pi² | 229,03 $ CAD / pi² | Nombre de propriétés | 5 |
| Condition de vente | Ventes de portefeuille | Individuellement en vente | 0 |
| Taux de capitalisation | 6,50% | Taille totale du bâtiment | 67 610 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 5,25 AC |
| Prix | 15 484 706 $ CAD |
| Prix/pi² | 229,03 $ CAD / pi² |
| Condition de vente | Ventes de portefeuille |
| Taux de capitalisation | 6,50% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 5 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 67 610 pi² |
| Superficie totale du terrain | 5,25 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 1450 Guerneville Rd, Santa Rosa, CA 95403 | Bureau | 24 050 pi² | 1980 | - |
| 2099 Range Ave, Santa Rosa, CA 95401 | Bureau | 14 520 pi² | 1977 | - |
| 1420 Guerneville Rd, Santa Rosa, CA 95403 | Bureau | 12 000 pi² | 1979 | - |
| 1400 Guerneville Rd, Santa Rosa, CA 95403 | Bureau | 8 640 pi² | 1979 | - |
| 1410 Guerneville Rd, Santa Rosa, CA 95403 | Bureau | 8 400 pi² | 1978 | - |
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Coddingtown Plaza Business Park
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