1 Padre PkwyRohnert Park, CA 94928

Property Details for 1 Padre Pkwy

Year built

1977

Construction

WOOD

Lot size

2.13 AC

Property size (Sq ft)

11,000 SF

Property type

Hospitality properties

Property subtype

Motels

APN

143-051-025-000

APU

143051025000

Description

Padre Town Center offers an exceptional opportunity for retail businesses seeking prime Sonoma County locations. This vibrant, five-building lifestyle center boasts a total of 7,734 square feet of immediately available retail space, divisible into units ranging from a minimum of 1,156 square feet to a maximum contiguous space of 4,364 square feet. The entire 7,734 square feet is currently vacant, presenting a unique chance to establish a flagship location or create a multi-tenant retail environment. The property is zoned DMU (Downtown Mixed Use) within Sonoma County, allowing for a wide array of potential uses. Imagine the possibilities: restaurants, breweries, cafes, coffee shops, fitness centers, or even office spaces with high retail visibility. Other suitable uses include beauty salons, spas, medical facilities (such as urgent care or dialysis), and various retail sales businesses. The center features an extensive outdoor seating area, perfect for creating a welcoming atmosphere for patrons. Potential tenants can also benefit from the possibility of open concept ceilings and abundant parking (5 spaces per 1,000 square feet), ensuring convenient access for customers and employees. This location offers a compelling combination of space, flexibility, and a vibrant community setting. Don't miss this chance to secure your ideal retail space in Padre Town Center.

• CAP approach

  CAP return

  Valuation

  6%

  $3,427,775

  6.5%

  $3,164,100

  7%

  $2,938,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,743,380

  Geo Method

  $7,209,824

• Alternative Use

  Use

  Valuation

  Residential

  $3,454,278

  Hospitality

  $3,164,100

  Educational

  $2,632,494

  Medical

  $2,723,029

  Retail

  $4,094,990

Location Insight

City

Rohnert Park

County

Sonoma

State

California

Latitude

38.3501

Longitude

-122.709

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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