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Fully Leased Shopping Center
For Sale
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Pending

609-617 E Washington St, Petaluma, CA 94952

Retail center under a ground lease with 44 years remaining.

Property SizeContact for details
Days on Market143

Property Features for 609-617 E Washington St

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%
Listing Agency: Meridian Commercial
Listed By: Michael Lieberman · License #CA 00525567
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:16PM

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 Meridian Commercial

Investment Insights

Based on property information with market context.

Midtown Shopping Center is a fully leased shopping center at 609-617 E Washington St in Petaluma, California. The property is structured under a ground lease with 44 years remaining, providing a defined long-term lease term for the retail asset.

Key Highlights

  • 100% leased shopping center
  • Ground lease with 44 years remaining
  • Located at 609‑617 E Washington St, Petaluma, CA 94952

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Bed & Breakfast Clothing & Fashion Store Home Appliance Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,854
Businesses Nearby
212k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 29% Groceries 19% Home Improvements & Furnishings 4%
Whole Foods Market Groceries
23,354 visits/mo 0.1 miles
Taco Bell Dining
18,953 visits/mo 0.1 miles
Grocery Outlet Bargain Market Groceries
17,987 visits/mo 0.3 miles
Wendy's Dining
14,714 visits/mo 0.1 miles
Dollar Tree Shops & Services
13,903 visits/mo 0.4 miles

Demographics for 94952, CA

33,619
Population
14,794
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
92%
High-School Grad
198.5 sq mi
ZIP Area
169
Density / Sq Mi
$115,097
Median Household Income
$56,650
Median Earnings
$2,272
Median Rent
$1,016,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center under a ground lease with 44 years remaining.
Where is this shopping center located?
The property is located at 609-617 E Washington St Petaluma, CA.
What are key features of this property?
This property features: 100% leased shopping center; Ground lease with 44 years remaining; Located at 609‑617 E Washington St, Petaluma, CA 94952
More about this property
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