Mixed-Use

703-711 Main St

703-711 Main St, Woodland , CA 95695

Listing Price: $2,510,000

Cap Rate
6.86%
Number of Suites
7
Gross SF
15,650
Rentable SF
14,410
Price/Gross SF
$160.38
Year Built
1988

Investment Overview

The Democrat Press Building is an iconic building located in Downtown Woodland, California. The offering presents a rare opportunity to acquire a 100-percent leased mixed-use building adjacent to Woodland's City Center Town Square ("Heritage Plaza") and Woodlands Historic Opera House event center.

703-711 Main Street is 100-percent leased to a mix of successful office and retail tenants. "Blue Note Brewery" is an iconic well-known craft brewery and occupies 23 percent of the property. Other significant tenants include the Daily Democrat newspaper, which was founded in 17857 in the city of Woodland, and a full-service bar with outdoor patio seating providing front-seat access toe events happening at Heritage Plaza.

The property has an irreplaceable location in the very heart of Downtown Woodland and benefits not only from its close proximity to the Heritage Plaza and the Opera House but is also within two blocks of the new State of California Superior Court, and is right in front of the USPS office, Yolo County district Attorney's Office, and the Recorder's Office. The city of Woodland has experienced tremendous growth and the Downtown's growing popularity will continue to make the property one of the most desirable assets in the city.

The offering presents a truly unique opportunity to own a real Pride of Ownership asset priced well below replacement cost, with an irreplaceable location in Downtown Woodland and very attractive in-place cashflow. The iconic location assures the asset will remain a true gem for generations to come and will continue to benefit from the area's growing popularity and desirability.

Investment Highlights

  • Irreplaceable Location on Main Street in Historic Downtown Woodland
  • 100% Leased to a Solid Mix of Office/Retail Tenants with Staggered Lease Expirations
  • "Blue Note Brewery" is an Iconic Brewery and Only Craft Brewery in Woodland
  • Parking Lot Owned and Maintained by City and 73KW Owned Solar System Included In Sale
  • Priced Well Below Replacement Cost at $160.38 PSF
  • Trophy Pride-of-Ownership Asset, Strong In-Place Cashflow, and Rental Upside

Exclusively Listed By

Listing Price: $2,510,000

Cap Rate
6.86%
Number of Suites
7
Gross SF
15,650
Rentable SF
14,410
Price/Gross SF
$160.38
Year Built
1988

Investment Highlights

  • Irreplaceable Location on Main Street in Historic Downtown Woodland
  • 100% Leased to a Solid Mix of Office/Retail Tenants with Staggered Lease Expirations
  • "Blue Note Brewery" is an Iconic Brewery and Only Craft Brewery in Woodland
  • Parking Lot Owned and Maintained by City and 73KW Owned Solar System Included In Sale
  • Priced Well Below Replacement Cost at $160.38 PSF
  • Trophy Pride-of-Ownership Asset, Strong In-Place Cashflow, and Rental Upside

Investment Overview

The Democrat Press Building is an iconic building located in Downtown Woodland, California. The offering presents a rare opportunity to acquire a 100-percent leased mixed-use building adjacent to Woodland's City Center Town Square ("Heritage Plaza") and Woodlands Historic Opera House event center.

703-711 Main Street is 100-percent leased to a mix of successful office and retail tenants. "Blue Note Brewery" is an iconic well-known craft brewery and occupies 23 percent of the property. Other significant tenants include the Daily Democrat newspaper, which was founded in 17857 in the city of Woodland, and a full-service bar with outdoor patio seating providing front-seat access toe events happening at Heritage Plaza.

The property has an irreplaceable location in the very heart of Downtown Woodland and benefits not only from its close proximity to the Heritage Plaza and the Opera House but is also within two blocks of the new State of California Superior Court, and is right in front of the USPS office, Yolo County district Attorney's Office, and the Recorder's Office. The city of Woodland has experienced tremendous growth and the Downtown's growing popularity will continue to make the property one of the most desirable assets in the city.

The offering presents a truly unique opportunity to own a real Pride of Ownership asset priced well below replacement cost, with an irreplaceable location in Downtown Woodland and very attractive in-place cashflow. The iconic location assures the asset will remain a true gem for generations to come and will continue to benefit from the area's growing popularity and desirability.

Exclusively Listed By

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