Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    420 Mendocino Ave Santa Rosa, CA 95401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available for rent in Santa Rosa, CA.

    Property size:
    2,417 SF
    Lot size:
    2,417 SF

    Property Features for 420 Mendocino Ave

    General Information

    Size
    2,417 SF

    We can help!

    Listing Contact
    Alex Sagues
    Source: Cbre

    Listing Agency: CBRE | San Francisco Listing Agent: Alex Sagues

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Santa Rosa

    Retail space is available for rent at 420 Mendocino Avenue, Santa Rosa, CA, 95401. The property is suitable for individual retail properties and other retail properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yoga Center of Santa ... Gym & Fitness Center Field Pam Gym & Fitness Center Indigo Hair Studio Hair Salon

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa
    County
    Sonoma
    State
    California
    Longitude
    -122.7147704
    Latitude
    38.441761

    Nearby Similar for Lease

    • New
      $13,000 /Mo
      2,339 SF

      Prime Retail Space in Santa Rosa

      High-exposure retail space in a proven Sonoma County location.
      1089 Santa Rosa Ave, Santa Rosa, CA 95404
      View Details
    • $2 SF/Yr
      25,470 SF

      Downtown Santa Rosa Office Suites

      Renovated office suites in prime downtown location, 100-600 sqft.
      401 Mendocino Ave, Santa Rosa, CA 95401
      View Details
    • $750 /Mo
      154 SF

      Santa Rosa Office Suites Available

      Individual office suites in multi-tenant building with utilities included.
      4865 Old Redwood Hwy, Santa Rosa, CA 95403
      View Details
    • $850 /Mo
      177 SF

      Santa Rosa Office Suites Available

      Individual office suites in multi-tenant building, convenient location.
      4865 Old Redwood Hwy, Santa Rosa, CA 95403
      View Details
    • New
      Contact for pricing

      CA, Santa Rosa - Stony Circle

      Workspaces, services and support to help you work better in CA, Santa Rosa - Stony Circle
      131 Stony Cir, Santa Rosa, CA 95401
      View Details
    • Sponsored
      New
      Contact for pricing

      CA, Santa Rosa- Guerneville Rd

      Discover many ways to work your way in CA, Santa Rosa- Guerneville Rd
      1421 Guerneville Rd, Santa Rosa, CA 95403
      View Details
    • New
      Contact for pricing

      CA, Santa Rosa - Neotomas Ave

      Discover many ways to work your way in CA, Santa Rosa - Neotomas Ave
      1410 Neotomas Ave, Santa Rosa, CA 95405
      View Details
    • New
      Contact for pricing

      CA, Santa Rosa - Fountaingrove Center

      Discover many ways to work your way in CA, Santa Rosa - Fountaingrove Center
      3558 Round Barn Blvd, Santa Rosa, CA 95403
      View Details
    • $1.05 SF/Yr

      Regional Mall Anchor Space Available

      Anchor space in Santa Rosa's only enclosed regional mall.
      600 Santa Rosa Plz, Santa Rosa, CA 95401
      View Details
    • Contact for pricing

      Medical Office Near Santa Rosa

      Medical office space near hospitals and downtown Santa Rosa.
      868-B 2Nd St, Santa Rosa, CA 95404
      View Details
    • $1.25 SF/Yr

      Turnkey Food Production/Cold Storage Facility

      High-end food production facility with cold storage and office space.
      3320 Industrial Dr, Santa Rosa, CA 95403
      View Details
    • New
      $1.70 SF/Yr
      3,032 SF

      Class A Office Space

      Class A office space in a three-building complex.
      2455 Bennett Valley Rd, Santa Rosa, CA 95404
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for rent in Santa Rosa, CA.
    Where is this retail space located?
    The property is located at 420 Mendocino Ave Santa Rosa, CA.
    What are key features of this property?
    This property features: - Retail space available for rent; - Located in Santa Rosa, CA
    (415) 772-0306
    Request Owner's contact information
    420 Mendocino Ave Santa Rosa, CA 95401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    420 Mendocino Ave
    Santa Rosa, CA 95401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 Mendocino Ave Santa Rosa, CA 95401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alex Sagues
    Real Estate License ID: 02055525
    (415) 772-0306 (415) 772-0123
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!