5300 Snyder Lane Rohnert Park, CA 94928

Offering a fully-leased, 4-tenant medical office investment in a prime Rohnert Park location. Tenants include Sutter Health, two dentists and an endodontist. All tenants have been in the building in excess of 10 years. 100% leased with no vacancy in rent time. Tenants are on gross leases with annual... adjustments. Building is exceptionally maintained with recent ADA upgrades to the building entry, ADA parking /loading, ramp and decking. The building perimeter provides a private garden-like setting visible from each tenant's panoramic window line. Truly unique and relaxing office environment is a favorite of doctors and patients alike. Pride of ownership, very well maintained. Property grosses about $20K per month with an annual NOI estimated to be $174K based on 2024 rent roll. Offered cap rate is 7.3%. Prime location situated on the hard corner of Snyder Lane and Rohnert Park Expressway. Located approximately 1.5 miles from US Hwy 101 and about 1 mile east of the proposed new Rohnert Park Downtown Development. Property includes nearly 14,000+/- Sq. Ft. excess land, providing potential future development opportunities on this strategic location. Continue reading