327 O'Hair Court, Santa Rosa, CA
Industrial for Sale - $3,500,000 - 22,585 Sq. Ft. on 1.32 acres
Property Info
| CIMLS# | 921639 |
| Location 327 O'Hair Court Santa Rosa CA 95407 | |
| Updated | January 19th, 2017 |
| Type | Industrial |
| Price | $3,500,000 |
| Building | 22,585 Sq. Ft. |
| Land | 1.32 acres |
Property Description
Multi tenant industrial building contains 5 units built in 2003. Office and glass in front, warehouse space in the rear. Newer construction and a very nice looking building.
The subject property has a first loan of $1,535,000 with Chase Bank and is assumable at 4.16%. The loan will adjust on 6/1/2023 and is due on 5/1/2026. The adjusted rate can't drop below 2.75% or exceed 9.5%. The margin is 2.35 over LIBOR. There is a 1% assumption fee. Buyer to confirm reviewing loan documents.
All leases are NNN.
Location Description:
Located in Southwest Santa Rosa. Take Bellevue Avenue to Dutton Avenue, north on Dutton Avenue, left on Ohair Court. The subject property is located in an industrial subdivision.
Highlights:
>> Newer Construction
>> Multi-Tenant
>> Cul-de-Sac Location
>> Light Industrial Zoning
>> Roll Up Doors
>> Fenced Yard
>> Well Maintained
>> Pro Forma CAP Rate 6+%
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