111 Lynch Creek Way Petaluma, CA 94954
Triple Net leased investment property anchored by a credit tenant.
Property size:
7,184 SFProperty Features for 111 Lynch Creek Way
General Information
- Size
- 7,184 SF
Source:
Groundmatrix
Listing Agent: Jerry Adamson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Petaluma Office Building Investment Opportunity
111 Lynch Creek Way presents an opportunity to acquire a Triple Net leased investment. The property is leased to AAA of Northern California, Nevada & Utah until June 30th, 2024, with options to continue the lease until June 30th, 2026. The property is located off of North McDowell Boulevard, near the Deer Creek Shopping Mall, which hosts retailers such as Friedman’s Home Improvement, Mary’s Pizza Shack, Habit Burger, Dunkin’ Coffee, Smart & Final, Davita, and Exchange Bank. Other retailers within one mile include Raley’s, Trader Joes, Petco, McDonalds, Big 5 Sporting Goods, Starbucks and Petaluma Valley Hospital. The property is a single-user building with parking that includes 40 uncovered stalls, 3 covered stalls and 2 handicap stalls. The building features a mostly open floor plan with a reception and customer service counter, four private meeting rooms or offices, a break room with stovetop and outdoor patio space, multi-stall Men’s and Women’s restrooms, a storage room and telecom room. The property also features high ceilings and natural light throughout the space and full HVAC. The property size is 7,184 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
California State Auto ...
Insurance Agency
AAA Petaluma Branch
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Petaluma
- County
- Sonoma
- State
- California
- Longitude
- -122.6330381
- Latitude
- 38.2523862
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FAQs
What type of property is this?
Office building - Triple Net leased investment property anchored by a credit tenant.
Where is this office building located?
The property is located at 111 Lynch Creek Way Petaluma, CA.
What is the asking price?
The asking price for this property is $2,725,000.
What are key features of this property?
This property features: - Triple Net leased investment with a credit tenant (AAA).; - Lease in place until June 30th, 2024, with options to extend until June 30th, 2026.; - Upside potential through annual rent escalations and below-market rates.