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The Learning Experience 6150 Commerce Blvd
10,000 SF Retail Building Rohnert Park, CA 94928 $8,835,090 CAD ($884 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Excellet Traffic Counts of over 32,000 vehicles per day along Rohnert Park Expressway.
- Over 7 years left on lease with two (2) Five (5) otion to extend
Executive Summary
Property Facts
Amenities
- Signage
About Petaluma - Rohnert Park
Situated south of Santa Rosa in the heart of Sonoma County, the Petaluma and Rohnert Park markets are expanding along with the growing Bay Area economy. Sonoma County is a world-renowned wine region, attracting tourists from around the world to the hundreds of lush vineyards and wineries in the area. The economic effects of the wine industry are far-reaching, supporting regional employment across a number of industries, including the hospitality and retail sectors. In Rohnert Park, the popular Sonoma State University with over 8,000 full-time students provides an additional draw for visitors to the region.
Commuting options from Santa Rosa to Marin County and into downtown San Francisco include State Route 101 and the new Sonoma Marin Area Rail Transit (SMART) train, making travel from the relatively affordable area to many of the major Bay Area job centers. Enhanced transportation options and housing affordability bode well for future population growth in the region, further boosting demand for local shopping and entertainment destinations.
Many of the region’s retail properties are located along State Route 101, the connecting force in the market. Residents, commuters, and tourists alike are drawn to shops and restaurants located along its path through the area. In Rohnert Park, many Sonoma State students live off-campus in housing around the city, providing a particularly robust base for retail demand. In Petaluma, a thriving downtown and appealing waterfront area along the Petaluma River is home to a multitude of shops, bars, and restaurants.
DEMOGRAPHICS
Demographics
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 143-021-082 | Improvements Assessment | $4,576,114 CAD |
Land Assessment | $2,914,722 CAD | Total Assessment | $7,490,836 CAD |
PROPERTY TAXES
Sale Advisor
Dan Gluhaich, Realtor
Presented by
The Learning Experience | 6150 Commerce Blvd
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