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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

Dan Gluhaich is proud to present The Leaning Experience for sale. 6150 Commerce Blvd in Rohnert Park CA consist of 10,000 SF. This is a great Investment Opportinity Corporate Guaranteed Triple Ner (NNN) with minimal landlord reponsibilities. Over 7 years remining on the lease with two(2)Five(5) year option to extend.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
10,000 SF
Building Class
B
Year Built
2018
Price
$8,835,090 CAD
Price Per SF
$884 CAD
Cap Rate
5.75%
NOI
$508,021 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.31 AC
Zoning
C - Commercial
Parking
43 Spaces (4.3 Spaces per 1,000 SF Leased)
Frontage
119 ft on Commerce Blvd

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

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
15,785
60,014
95,698
147,246
2029 Population
15,655
59,697
94,529
146,272
2024-2029 Projected Population Growth
-0.8%
-0.5%
-1.2%
-0.7%
Median Age
38.4
39.0
38.6
39.5
College Degree + Higher
26%
29%
27%
20%
Daytime Employees
11,649
21,070
32,379
69,926
Total Businesses
1,466
2,886
4,121
9,915
Average Household Income
$100,709
$110,796
$108,262
$106,062
Median Household Income
$79,642
$89,106
$86,834
$84,072
Total Consumer Spending
$208.5M
$846M
$1.3B
$1.9B
2024 Households
6,201
22,729
34,127
53,614
Average Home Value
$606,260
$675,162
$685,156
$677,943
$ values in USD

Nearby Major Retailers

Safeway
Starbucks
Grocery Outlet
24 Hour Fitness
Bank of America
Planet Fitness
Wells Fargo
Black Bear Diner
Hooters
Raley's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
143-021-082
Land Assessment
$2,914,722 CAD
Improvements Assessment
$4,576,114 CAD
Total Assessment
$7,490,836 CAD

Sale Advisor

Sale Advisor

(408) 461-0262
Contact
Dan Gluhaich, Realtor
(408) 461-0262
Contact
Dan is a licensed agent with Intero Real Estate in California and with Colliers International in Nevada. He has successfully closed over 1200 escrows during his career, ranking in the top 5% of producers. Having partnered with investors in over 200 spec homes and subdivisions, Dan specializes in bringing together designers, city officials, lenders, and construction managers and guiding them through the development process.  He also has extensive experience and success with triple net lease properties, 1031 exchanges, and commercial retail and office space. Born and raised in Gilroy, Dan resides in Morgan Hill with his wife and two sons. He actively supports church, school, and sports programs in the community.  Dan graduated from California Poly, San Luis Obispo, in 1983.
  • Listing ID: 32619335

  • Date on Market: 2024-07-29

  • Last Updated:

  • Address: 6150 Commerce Blvd, Rohnert Park, CA 94928

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