Refrigerated Warehouse with Manufacturing
2090 Marina Ave Petaluma, CA 94954
For Sale
Contact for pricing
Includes freezer, refrigerated warehouse, packaging room, and manufacturing room with nitrogen sensor and floor drains.
Property Size72,612 SF
Price / SF$227.99
Days on Market64
Property Features for 2090 Marina Ave
General Information
Standard status
Active
Size
72,612 SF
Property subtype
INDUSTRIAL
Listing Agency:
Cushman & Wakefield | Larkspur
(415) 451-2434
Listed By:
Steven Leonard · License #01393059
Source:
Moodyscre
Added: May 28
Changed: Jul 29
Last Checked: Jul 29 at 2:44PM
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 Cushman & Wakefield | Larkspur
Investment Insights
Based on property information with market context.
This industrial facility is built for controlled processes and integrated operations, featuring approximately 1,240 SF of freezer space, 4,020 SF of refrigerated warehouse space, and a 1,764 SF packaging room. The property also includes an approximately 7,596 SF manufacturing room and a dry goods warehouse, along with an R&D test kitchen. Site and process support systems include a nitrogen sensor system, epoxy floors, floor drains, and a hot water boiler system, as well as sanitary soap and waste water collection systems.
Located at 2090 Marina Ave in Petaluma, California, the building totals approximately 72,612 SF and is offered for sale.
Located at 2090 Marina Ave in Petaluma, California, the building totals approximately 72,612 SF and is offered for sale.
Key Highlights
- Dry goods warehouse plus freezer space totaling 1,240 SF
- Refrigerated warehouse of 4,020 SF
- Packaging room with 1,764 SF
Financial Insights For Warehouse
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 | $1.65M | $22.68 |
| − Vacancy | −$116.9k | −$1.61 |
| EGI | $1.53M | $21.07 |
| − OpEx | −$229.5k | −$3.16 |
| NOI | $1.30M | $17.91 |
72,612 SF · lease $22.68/SF/yr · vacancy 7.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$18.58M
$16.26M – $21.67M
NOI $1,300,427 @ 7.0% cap · market cap 7.86%
Second Best
Industrial
$15.30M
$13.39M – $17.85M
NOI $1,070,940 @ 7.0% cap · market cap 6.47%
Theoretical Best
Specialty Retail
$19.68M
$17.22M – $22.96M
NOI $1,377,333 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - Includes freezer, refrigerated warehouse, packaging room, and manufacturing room with nitrogen sensor and floor drains.
Where is this manufacturing property located?
The property is located at 2090 Marina Ave Petaluma, CA.
What is the asking price?
The asking price for this property is $16,555,000.
What are key features of this property?
This property features: Dry goods warehouse plus freezer space totaling 1,240 SF; Refrigerated warehouse of 4,020 SF; Packaging room with 1,764 SF
