Office Unit with Floor-to-Ceiling
For Sale
$599,000
1445 Technology Lane Unit A8, Petaluma, CA 94954
Fully furnished corner suite with two-story layout, multiple private and meeting rooms, and onsite parking in Petaluma.
Property Size2,502 SF
Price / SF$239.41
Days on Market112
Property Features for 1445 Technology Lane Unit A8
General Information
Standard status
Active
Size
2,502 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Furnished
Yes
Amenities
Central Air
3
3 Parking Spaces.
City Road.
Building Details
Year Built
2007
Listing Agency:
Compass
(415) 515-1117
Listed By:
Compass · License #01045523
(415) 515-1117
Source:
Xome
Added: May 4
Changed: Aug 23
Last Checked: Aug 22 at 8:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Suite A8 at 1445 Technology Lane is a fully furnished, turnkey office unit within Petaluma’s business corridor. The corner placement offers a light-filled work environment with floor-to-ceiling windows and soaring 24-foot ceilings, complemented by a flexible two-story layout.
Inside, the suite includes 2 private offices, 2 conference rooms, open workspace areas, a shipping and receiving room, ample storage, and a kitchen. Built in 2007, the workspace totals 2,502 SF and includes onsite parking for day-to-day convenience.
The property sits just off Casa Grande & Lakeville Hwy on a quiet cul-de-sac and borders the scenic Adobe Creek, with immediate access to walking and biking paths. BikeScore is 74 (very bikeable), walkScore is 64 (somewhat walkable), and transitScore is 27 (some transit).
Inside, the suite includes 2 private offices, 2 conference rooms, open workspace areas, a shipping and receiving room, ample storage, and a kitchen. Built in 2007, the workspace totals 2,502 SF and includes onsite parking for day-to-day convenience.
The property sits just off Casa Grande & Lakeville Hwy on a quiet cul-de-sac and borders the scenic Adobe Creek, with immediate access to walking and biking paths. BikeScore is 74 (very bikeable), walkScore is 64 (somewhat walkable), and transitScore is 27 (some transit).
Key Highlights
- 2,502 SF fully furnished office suite with a flexible two‑story layout
- Soaring 24‑foot ceilings and floor‑to‑ceiling windows for abundant natural light
- 2 private offices plus 2 conference rooms, open workspace, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,326
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$706,520
$706.5K
Cap Rate 7%
$504,657
$504.7K
Cap Rate 9%
$392,511
$392.5K
Market Conditions
NOI Build-Up for 2,502 SF
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.
Gross rent
$55.5K $22.20/SF
− Vacancy
−$8.4K −$3.37/SF
EGI
$47.1K $18.83/SF
− OpEx
−$11.8K −$4.71/SF
NOI
$35.3K $14.12/SF
Area
Sonoma County, CA
Vacancy
15.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$706,520
Cap Rate 7%
$504,657
Cap Rate 9%
$392,511
Alternative Uses
Best Use
Office B
$504.7K
$441.6K – $588.8K
NOI $35,326 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$678.0K
$593.2K – $791.0K
NOI $47,459 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 94954, CA
38,301
Population
15,147
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
92%
High-School Grad
62.2 sq mi
ZIP Area
616
Density / Sq Mi
$107,564
Median Household Income
$58,362
Median Earnings
$2,405
Median Rent
$790,100
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?
Office units - Fully furnished corner suite with two-story layout, multiple private and meeting rooms, and onsite parking in Petaluma.
Where is this office units located?
The property is located at 1445 Technology Lane Unit A8 Petaluma, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,502 SF fully furnished office suite with a flexible two‑story layout; Soaring 24‑foot ceilings and floor‑to‑ceiling windows for abundant natural light; 2 private offices plus 2 conference rooms, open workspace, and kitchen
