5701 Old Redwood Highway Penngrove,...
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For Sale or Lease Freestanding Highway Commercial or Restaurant Opportunity 5701 Old Redwood Highway | Penngrove, CA The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Dino D’Argenzio, Partner Erlina Othman, Agent 1355 N Dutton Ave., Santa Rosa, CA 95401 (707) 483-4783 • Fax: (707) 524-1419 Lic #s: 00754303, 01985519 [email protected], [email protected] FEATURES 7,625± sf C-3 County Zone Free-Standing Commercial Use Building Plus a 1,800± sf Second Freestanding Building all on 1± Acre Old Redwood Highway Prominence Zoning Allows for Brewery, Restaurant, Winery Tasting Rooms Fully Fire Sprinklered Main Building Abundant On-Site Parking on 1 Acre Site Structural Upgrades and 3 Restrooms Patio Seating Area Potential Close Proximity to Freeway, Lagunitas Brewery and Downtown Petaluma Lease or Option to Purchase Potential 600 Amp 3 Phase Power LEASE RATE: SALE PRICE: $1.49 psf/Month Gross $2,789,500
Transcript of 5701 Old Redwood Highway Penngrove,...
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
Dino D’Argenzio, PartnerErlina Othman, Agent
1355 N Dutton Ave., Santa Rosa, CA 95401(707) 483-4783 • Fax: (707) 524-1419
Lic #s: 00754303, 01985519 [email protected], [email protected]
FEATURES � 7,625± sf C-3 County Zone Free-Standing Commercial Use Building Plus a 1,800± sf Second Freestanding Building all on 1± Acre
� Old Redwood Highway Prominence � Zoning Allows for Brewery, Restaurant, Winery Tasting Rooms
� Fully Fire Sprinklered Main Building � Abundant On-Site Parking on 1 Acre Site � Structural Upgrades and 3 Restrooms � Patio Seating Area Potential � Close Proximity to Freeway, Lagunitas Brewery and Downtown Petaluma
� Lease or Option to Purchase Potential � 600 Amp 3 Phase Power
LEASE RATE: SALE PRICE:$1.49 psf/Month Gross $2,789,500
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
SALE PRICE$2,789,500
TOTALING SF7,625± sf Stand-Alone BuildingPlus 1,800± sf Second Building
ZONEDCounty C-3 Zone
APN #047-152-011
LEASE RATE$1.49 psf/Month Gross
PARKINGOn-Site (Count T.B.D.)
LAND AREA43,996± sf
PRIMARY TYPEBulk Retail/Flex Space and Formerly Tentatively Approved as Food Services
PROPERTY DESCRIPTIONSubject Property is comprised of two buildings on a C-3 zoned in county of Sonoma site. The larger is a free standing retail building at approximately 7,625 sft that has gone through brewery permits with ADA bathrooms plus potential food services flooring and tiles. The building is fire sprinkled and has abundant on-site parking. Second ‘barn style’ building at approximately 1,800 sft to the Westerly portion of the lot. The area is a unique mixed-use opportunity with great freeway identity, zoned C-3 in the County of Sonoma, which allows for bulk retail, commercial, wineries, breweries, distilleries and office uses.
DESCRIPTION OF LOCATION - AREAThe site is a 1.01± Acre lot with abundant on-site parking, facing a busy Old Redwood Hwy and is just North of McDowell Blvd, Petaluma.
County C-3 zoning allows for: Schools, bulk retail, distillery, restaurant, brewery, winery, live music, bulk retail, mixed use and a variety of other commercial uses suitable within C-3 zone.
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
Floor Plan
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
RETAIL & FOOD SERVICE LEASE COMPS
SONOMA COUNTY 2012-2016 rev. 3/2016
LOCATION & BUSINESS APPROX. SPACE
SIZE EFFECTIVE RATE/S.F./MO LEASE DATE 2300 Mendocino Ave/Safeway Center High Tech Burrito 1400 sft $3.85 psft/NNN plus $1.05 CAM 7/2015
2300 Mendocino Ave/Safeway Center Scottrade
1400 sft $3.67/psft/NNN plus$1.05 CAM 2/2015
2300 Mendocino Ave/Safeway Center Boathouse Sushi
2,200 s.f. $3.15 psf/NNN plus $1.10 psf CAM 2010
1708 E. Cotati Avenue Juice Shack
1100 sft $2.20 psft/nnn 3/2014
Shiloh Center Lease to High Tech Burrito 1,600 s.f. $3.00 psf/NNN 2009
2300 Mendocino Ave/Safeway Center Pieology Pizza
1600 Sft $3.65 psft/NNN plus $1.05 sft/CAM 3/2015
Santa Rosa Market Place to Chubby's 1,300 s.f. $3.91 psf/NNN
Plus CAM of $.678 sft/mo 2010
1501 Farmers Ln. Santa Rosa Auto Association (AAA) 5500 sft $2.15 sft/nnn 2016
Anytime Fitness Sonoma Hwy Santa Rosa 3,600 s.f. $2.10 psf/NNN 2010 Steele Ln & Mendocino Avenue Panera Bread 3,800 s.f. $3.20 psf/NNN Jan.2012
Montgomery Village Boudin Bakery
4,000 s.f. $2.75 psf/NNN May 2012
2188 Santa Rosa Avenue (Santa Rosa Marketplace) Menchie’s Yogurt
1,400 s.f. $4.00 psf / NNN Plus $.75sft/CAM March 2014
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
Steele Ln. European Facial 1,800 s.f. $2.95 psf/NNN August 2012
2340 Mendocino Ave. (Safeway Center) 5 Guys Burgers 2,000 s.f. $2.75 psf/NNN 2011
Habit Burger/Napa Habit Burger, Napa
2,000 s.f. $3.90 psf/NNN 2012
2180 Mendocino Ave Triple A Auto Service (AAA(AAA
4760 sft $2.95 sft/nnn 2016
Redwood Credit Union 2463 Mendocino Ave
4000 sft $2.95 sft/nnn 2016
2000 Sebastopol Rd to Maria Contreras Torres & Ernest Torres 1,360 s.f. $2.10 psf/NNN Feb. 2012
925 Corporate Ctr. Pkwy. to St. Joseph Emergency Health 3,200 s.f. $3.25 psf/NNN May 2009
9090 Brooks Rd. South to Verizon Wireless 1,875 s.f. $2.00 psf/NNN October 2011
1470 Mendocino Ave. Little Caesar’s Pizza 1,750 s.f. $2.10 psf/NNN October 2011
1425 Fulton Rd. Tutti Frutti Yogurt 1,200 s.f. (in-line) $2.05 psf/NNN November 2011
1950 Santa Rosa Ave. Pet Smart 16,000 s.f. $2.28 psf/NNN July 2011
2550 Guerneville Road Tan’s Donuts 1,391 s.f $2.63 psf / NNN June 2014
1311-A Guerneville Rd. Kwik Stop 2,100 s.f. $2.73 psf/NNN November 2012
2064 Santa Rosa Avenue (Santa Rosa Marketplace) Jimmy John’s Gourmet Sandwiches
1,320 s.f. $4.50 psf / NNN July 2014
2182 Santa Rosa Avenue (Santa Rosa Marketplace) Chipotle
2,245 s.f. $4.00 psf / NNN June 2014
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
For Sale or LeaseFreestanding Highway Commercial or Restaurant Opportunity5701 Old Redwood Highway | Penngrove, CA
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
