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Shopping Strip

925-927 Broadway

925 Broadway, Sonoma, CA 95476

Listing Price: $1,865,000

Cap Rate
2.01%
Gross SF
3,632
Rentable SF
3,632
Price/Gross SF
$513.49
Lot Size
0.32 acres
Year Built
1983

Investment Overview

925-927 Broadway Street is a single-story, two-tenant retail property located on one of the three most- traveled arterials, and the gateway to Sonoma Plaza in the heart of the T own of Sonoma.

The subject property is comprised of two retail spaces of 2,130, and 1,502 square feet. The larger of the spaces has been occupied by a convenience-store retailer who has established substantial goodwill in the community and has been in occupancy of the subject property for decades. The smaller space was only recently occupied by a donut/pastry specialty foods retailer who built the interior space out to its specifications, including high quality fixtures, furnishings and equipment (FF&E”). Regretfully, the tenant was seemingly unprepared for the challenges of operating a new retail business and was unable to continue operations. It is believed there is at least one similar type of retailer who is likely to enter into a new lease for the space; the pro forma rent details are located further in this offering memorandum.

The subject property enjoys high-impact monument signage on Broadway Street. The 3,632 square feet of gross area improvements are situated on a parcel of 13,775 square feet. There is ample on-site and curbside parking directly in front of the property on Broadway Street. With Sonoma Valley High School across the street, and dense, single-family residential surrounding the property, and visibility from high vehicular traffic counts on Broadway Street, 925-927 Broadway Street is a secure leased investment which will enjoy strong occupancy levels, producing passive cash flows for years to come.

Investment Highlights

  • Two-Tenant Retail Property Located on High Traffic Corridor
  • Value-Add Net Lease Retail Property
  • Seasoned Convenience Store Tenant

Exclusively Listed By

Shopping Strip

925-927 Broadway

Listing Price: $1,865,000

Cap Rate
2.01%
Gross SF
3,632
Rentable SF
3,632
Price/Gross SF
$513.49
Lot Size
0.32 acres
Year Built
1983

Investment Highlights

  • Two-Tenant Retail Property Located on High Traffic Corridor
  • Value-Add Net Lease Retail Property
  • Seasoned Convenience Store Tenant

Investment Overview

925-927 Broadway Street is a single-story, two-tenant retail property located on one of the three most- traveled arterials, and the gateway to Sonoma Plaza in the heart of the T own of Sonoma. The subject property is comprised of two retail spaces of 2,130, and 1,502 square feet. The larger of the spaces has been occupied by a convenience-store retailer who has established substantial goodwill in the community and has been in occupancy of the subject property for decades. The smaller space was only recently occupied by a donut/pastry specialty foods retailer who built the interior space out to its specifications, including high quality fixtures, furnishings and equipment (FF&E”). Regretfully, the tenant was seemingly unprepared for the challenges of operating a new retail business and was unable to continue operations. It is believed there is at least one similar type of retailer who is likely to enter into a new lease for the space; the pro forma rent details are located further in this offering memorandum. The subject property enjoys high-impact monument signage on Broadway Street. The 3,632 square feet of gross area improvements are situated on a parcel of 13,775 square feet. There is ample on-site and curbside parking directly in front of the property on Broadway Street. With Sonoma Valley High School across the street, and dense, single-family residential surrounding the property, and visibility from high vehicular traffic counts on Broadway Street, 925-927 Broadway Street is a secure leased investment which will enjoy strong occupancy levels, producing passive cash flows for years to come.

Exclusively Listed By

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