Two-Suite Medical Office
For Sale
$1,295,000
1400 Medical Center Drive, Rohnert Park, CA 94928
SINGLE_FAMILY - Rohnert Park, CA
Property Size5,282 SF
Lot Size0.54 Acres
Price / SF$245.17
Days on Market123
Property Features for 1400 Medical Center Drive
General Information
Property type
Residential
Property subtype
Office
Directions
Rohnert Park Expressway to Snyder Lane, right onto Medical Center Drive.
Subdivision
Cotati/Rohnert Park
Standard status
Active
APN
159460009000
Lot size
0.54 Acres
Building Details
Year built
1990
Floors in Building
1
Listing Agency:
W Real Estate
(707) 591-0570
Listed By:
Randy Waller
(707) 843-1382
Added: Apr 2
Changed: Jul 30
Last Checked: Aug 2 at 11:06PM
MLS# 326008133
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1400 Medical Center Drive is a two-suite medical office building in Rohnert Park. The property includes two suites totaling 5,282 square feet. Suite C offers 2,744 square feet and is currently occupied through 2026, with an additional 5-year option. Suite A/B comprises 2,538 square feet and is available for your vision.
Built in 1990, the property sits on a 0.54-acre lot. This configuration can support a range of medical practice and ownership strategies, whether you’re looking to lease the available space, align with an owner-user use, or structure an investment around the existing lease term.
With one suite on a defined occupancy schedule and the second suite available, the building provides a straightforward platform for multi-suite medical space planning.
Built in 1990, the property sits on a 0.54-acre lot. This configuration can support a range of medical practice and ownership strategies, whether you’re looking to lease the available space, align with an owner-user use, or structure an investment around the existing lease term.
With one suite on a defined occupancy schedule and the second suite available, the building provides a straightforward platform for multi-suite medical space planning.
Key Highlights
- Two suites totaling 5,282 SF
- Suite C: 2,744 SF occupied through 2026 with an additional 5‑year option
- Suite A/B: 2,538 SF available
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.3k | $22.20 |
| − Vacancy | −$17.8k | −$3.37 |
| EGI | $99.4k | $18.83 |
| − OpEx | −$24.9k | −$4.71 |
| NOI | $74.6k | $14.12 |
5,282 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.07M
$932.2K – $1.24M
NOI $74,578 @ 7.0% cap · market cap 5.76%
Second Best
Healthcare Medical
$944.2K
$826.2K – $1.10M
NOI $66,097 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,191 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94928, CA
47,062
Population
17,449
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
6,112
Density / Sq Mi
$96,622
Median Household Income
$44,674
Median Earnings
$2,211
Median Rent
$634,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-suite medical office building on 0.54-acre lot, built in 1990, with one suite leased through 2026.
Where is this medical office space located?
The property is located at 1400 Medical Center Drive Rohnert Park, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Two suites totaling 5,282 SF; Suite C: 2,744 SF occupied through 2026 with an additional 5‑year option; Suite A/B: 2,538 SF available
