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Listed by Kerri A Kor • Kor Commercial & Residential Real Estate
$10,800,000
Est. payment /mo
57,197 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 57,197 sqft
Price per Sqft $188
MLS Listing ID 325065041
HOA Y/N Yes
Year Built 1976
Lot Size 3 Sqft
Property Sub-Type Industrial
Property Description
Situated in a prime Santa Rosa, CA location, 468 Yolanda Avenue presents a rare chance to acquire a long-held,fully occupied multi-tenant flex light industrial property (zoned IL - Light Industrial). Spanning approximately 57,197 square feet across five buildings on 3.66 acres, the site offers strong adaptability with the option to reconfigure suite layouts as needed. The property is home to 18 well-established tenantssome with occupancy histories of 20 years or morewho benefit from leases with built-in annual rent increases, contributing to a reliable and growing income stream. Historically, the asset has experienced minimal long-term vacancy. The Owner has intentionally preserved the ability for some leases/uses to age-out sooner if desired by Purchaser. Tenants include a mix of retail, service, auto, and agricultural businesses. The buildings feature both drive-up loading with roll-up doors and dedicated office or storefront entries, making them ideal for a wide range of flex and light industrial users. Located in a growth-oriented area, the property also carries future redevelopment potential aligned with the region's evolving development plans.
Location
State CA
County Sonoma
Area Santa Rosa-Southeast
Building
Story 1
Level or Stories 1
Others
Special Listing Condition None
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