3005 Wiljan Ct Santa Rosa, CA 95407
27,827 SF industrial property with cash-flow and vacancy.
Property Features for 3005 Wiljan Ct
General Information
- Standard status
- Active
- Size
- 27,827 SF
- Lot size
- 1.28 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1994
Listing office WeCannCa, Inc
Listing date Jun 27, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of WeCannCa, Inc
Investment Insights
Based on property information with market context.
Key Highlights
- High current CAP Rate of 10.6% with 3% annual increases, and a Proforma CAP Rate of 13.18% or higher.
- 11,527 SF vacant unit available for immediate occupancy, ideal for owner/user or lease‑to‑own.
- Unique lease‑to‑own opportunity with 100% of lease payments applied to the purchase price within 24 months.
Local 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 | $427.4k | $15.36 |
| − Vacancy | −$17.5k | −$0.63 |
| EGI | $409.9k | $14.73 |
| − OpEx | −$61.5k | −$2.21 |
| NOI | $348.4k | $12.52 |
