Listed by CP Partners
$1,200,800
Omnicare
Details
Property Type Retail, Office
Sub Type Medical Office, Pharmacy
Square Footage 4,266
Cap Rate 6.75%
NOI $81,054
Occupancy 100%
Tenancy Single
Brand/Tenant Omnicare
Lease Type NN
Lease Term 1
Lease Expiration 09/30/2027
Remaining Term 1.3
Rent Bumps Yes
Lease Options One; 5-Year Option @ FMV
Price per SqFt $281
Year Built 1998
Buildings 1
Acreage 0.120
Investment Type Net Lease
Lease Commencement 10/01/2026
Ground Lease No
Infill Santa Rosa Medical Asset Near Santa Rosa Memorial Hospital
Marketing description
The subject property offers investors the opportunity to acquire an infill single-tenant pharmacy asset in Santa Rosa, the largest city in Sonoma County and a key healthcare hub for the North Bay. The site benefits from proximity to Santa Rosa Memorial Hospital, downtown Santa Rosa, and an affluent surrounding population base.
Investment highlights
- The tenant has occupied the property since October 2013 and has executed two lease extensions, demonstrating long-term commitment to the location
- Current rent is approximately $1.58/SF/month, providing a low-rent single tenant opportunity in a core Bay Area market
- The subject property is located near Santa Rosa Memorial Hospital and benefits from surrounding medical, residential, and downtown demand drivers
- Omnicare of Santa Rosa, is part of a national pharmacy services platform focused on long-term care facilities, including assisted living communities, skilled nursing facilities, and chronic care institutions
- Santa Rosa is the largest city in Sonoma County and serves as a regional hub for healthcare, employment, retail, and professional services
- Average household incomes exceed $143,000 within a 5-mile radius, highlighting the strength of the surrounding trade area
Listing Contacts
Listed by CP Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,054.00
$6,754.50/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
Map
Zoning
NMU MixedMixed UseNeighborhood Mixed Use
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View all 77 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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