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Office Warehouse

921 Transport Way

921 Transport Way, Petaluma, CA 94954

Listing Price: $4,850,000

Cap Rate
4.12%
Gross SF
17,034
Price/Gross SF
$284.72
Lot Size
0.28 acres
Year Built
1984
Rentable SF
17,034

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a premier industrial/office building located at 921 Transport Way, Petaluma, CA. The subject property is a 17,034 square foot, one-story flex industrial/office building located in Petaluma’s best office and industrial district. The affluent neighborhood location offers easy access to highway 101, Sonoma-Marin Rail Transit (SMART) system, major shopping centers and vibrant downtown Petaluma. 921 Transport Way is well positioned in one of the strongest business climates in the North Bay. Petaluma’s growth has created a strong business environment for local business. Vacancy rates for both industrial and office properties have been dropping at the same time the rents have been increasing at close 8.0% annually. The subject property presents an extremely attractive opportunity to acquire a quality asset in Petaluma’s best office and industrial district. The building consists of 35 separate units offering office and office/warehouse spaces. There are 14 roll-up 8’x8’ doors and with warehouse 11’ ceiling height. There are 47 parking spaces and the parcel size is 1.51 acres. The subject property is in excellent condition with a beautiful lobby and amenities. The property was a subject of significant capital improvements over the recent years and has been professional managed and maintained. This investment offers investors the opportunity to acquire one of the most desirable buildings in the industrial/commercial districts in Petaluma. The quality of construction, attractive floor plan and superior location makes this property a compelling investment of opportunity in the rapidly growing City of Petaluma.

Investment Highlights

  • Building is Fully Leased to Multi-Tenants at below market rates
  • 35 suites offering small flexible uses, including office and warehouse
  • 14 Roll-up Doors,11' High Ceilings and Over 88' Clear Height

Exclusively Listed By

Office Warehouse

921 Transport Way

Listing Price: $4,850,000

Cap Rate
4.12%
Gross SF
17,034
Price/Gross SF
$284.72
Lot Size
0.28 acres
Year Built
1984
Rentable SF
17,034

Investment Highlights

  • Building is Fully Leased to Multi-Tenants at below market rates
  • 35 suites offering small flexible uses, including office and warehouse
  • 14 Roll-up Doors,11' High Ceilings and Over 88' Clear Height

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a premier industrial/office building located at 921 Transport Way, Petaluma, CA. The subject property is a 17,034 square foot, one-story flex industrial/office building located in Petaluma’s best office and industrial district. The affluent neighborhood location offers easy access to highway 101, Sonoma-Marin Rail Transit (SMART) system, major shopping centers and vibrant downtown Petaluma. 921 Transport Way is well positioned in one of the strongest business climates in the North Bay. Petaluma’s growth has created a strong business environment for local business. Vacancy rates for both industrial and office properties have been dropping at the same time the rents have been increasing at close 8.0% annually. The subject property presents an extremely attractive opportunity to acquire a quality asset in Petaluma’s best office and industrial district. The building consists of 35 separate units offering office and office/warehouse spaces. There are 14 roll-up 8’x8’ doors and with warehouse 11’ ceiling height. There are 47 parking spaces and the parcel size is 1.51 acres. The subject property is in excellent condition with a beautiful lobby and amenities. The property was a subject of significant capital improvements over the recent years and has been professional managed and maintained. This investment offers investors the opportunity to acquire one of the most desirable buildings in the industrial/commercial districts in Petaluma. The quality of construction, attractive floor plan and superior location makes this property a compelling investment of opportunity in the rapidly growing City of Petaluma.

Exclusively Listed By

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