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21528628
21528586

18506 CA-12, Sonoma, CA 95476

CB
CA 01034413
Commercial NNN Lease
Listed by Commercial NNN Lease
$3,250,000
487 days on market
Updated 92 days ago

Sherwin Williams Sonoma CA

Details
APN 056-501-060
Property Type Retail
Sub Type Storefront
Square Footage 9,107
Net Rentable (SqFt) 9,107
Cap Rate 5.12%
NOI $168,854
Occupancy 100%
Tenancy Multi
Brand/Tenant Sherwin-Williams
Lease Type NN+
Lease Term 10
Lease Expiration 03/30/2034
Remaining Term 7.8
Rent Bumps Yes
Lease Options 4-5 year
Price per SqFt $357
Broker Co-Op Yes
Class B
Year Built 1982
Year Renovated 2024
Buildings 1
Stories 2
Lot Size (SqFt) 35,449
Zoning LC
Parking Spaces 4 per 1,000 sq ft
Investment Type Stabilized
Tenant Credit Credit Rated
Lease Commencement 04/01/2024
Occupancy Date 04/01/2024
Ownership Fee

Retail | 5.12% CAP | 9,107 SqFt

Marketing description

Discover a prime investment opportunity on Sonoma Highway in the heart of Sonoma. This commercial property features a new 10-year lease with Sherwin-Williams Paint Store, providing immediate rental income. Additionally, the second-floor suites offer excellent leasing potential to local tenants, creating a diversified and stabilized income stream. With built-in rental increases and existing tenant occupancy, this property offers both immediate income and long-term value appreciation. Its location in a growing, highly desirable area makes it an ideal option for 1031 Exchange investors seeking a sound and lucrative investment in the charming Sonoma community.

Positioned for visibility and accessibility along Sonoma Highway, the property enjoys exposure to passing traffic, approximately 11,000 VPD, and potential clientele. Nearby amenities, including restaurants, retail establishments, and transportation hubs, enhance convenience for customers, tenants, and employees alike.

Investment highlights

  1. Prime Investment Opportunity – Located on Sonoma Highway in the heart of Sonoma.

  2. Strong Anchor Tenant – Features a new 10-year lease with Sherwin-Williams Paint Store, ensuring immediate rental income.

  3. Additional Leasing Potential – Second-floor suites offer opportunities for local tenants, diversifying and stabilizing income.

  4. Built-In Rental Increases – Structured rent escalations enhance long-term income growth.

  5. 1031 Exchange Opportunity – Ideal for investors seeking stable returns and value appreciation in a high-demand market.

  6. High Visibility & Traffic Exposure – Positioned along Sonoma Highway with exposure to approximately 11,000 vehicles per day (VPD).

  7. Convenient Location – Surrounded by restaurants, retail establishments, and transportation hubs, enhancing accessibility for customers, tenants, and employees.

Listing Contacts

CB
CA 01034413
Commercial NNN Lease
Listed by Commercial NNN Lease

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$168,854.00
$14,071.17/mo

Valuation Metrics

0
DSCR
5.2%
Cap Rate
5.2%
ROI

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