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19080 Lomita Ave Sonoma, CA 95476

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For Sale
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Class A Office, High NOI, 6.19% Cap Rate

Property size:
11,032 SF

Property Features for 19080 Lomita Ave

General Information

Property type
Medical Office Space
Square Feet
11,032 SF
Class
A
Lot Size
16,988 SF

Building Details

Year Built/Renovated
1996/2018
Buildings
1
Stories
2

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Listing Contact
Jeff D Lokey
Jeff D Lokey

Listing Agency: COMPASS Listing Agent: Jeff D Lokey

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Class A office building, located at 19080 Lomita Ave in Sonoma, CA 95476, presents a compelling investment opportunity. The 11,032 square foot property, built in 1996 and 1989 with renovations in 2018, sits on a 0.39-acre lot and features a two-story structure with 38 parking spaces. Currently boasting 66% occupancy with a multi-tenant lease (one tenant) in place until October 1, 2028 (a remaining term of 3.9 years), the property generates a substantial net operating income (NOI) of $247,645, resulting in an attractive 6.19% capitalization rate. The asking price is $4,000,000, translating to $362.58 per square foot. The property is zoned C and benefits from a highly visible location, just blocks from Sonoma Plaza, providing easy access to amenities, including restaurants, shopping, and public transportation. The building includes several professional suites, offering flexibility for owner-occupancy or continued leasing. Rent bumps are included in the lease agreement. The property's proximity to Highway 12 and the Maxwell Village Shopping Center further enhances its appeal. This investment is ideal for expanding an existing portfolio or establishing a presence in this desirable Sonoma market. Seller financing and 1031 exchange cooperation are available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Sonoma
County
Sonoma
State
California
Longitude
-122.47456926009
Latitude
38.301213099572

FAQs

What type of property is this?
Medical Office Space - Class A Office, High NOI, 6.19% Cap Rate
Where is this medical office space located?
The property is located at 19080 Lomita Ave Sonoma, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Commercial zoning in the City of Sonoma.; Class "A" office space in a high-profile, well-known, stand-alone building offering great visibility.; Multi-tenant building with a well-established tenant, featuring central air and heat, and monument signage availability.
(559) 647-1195 Call to check price and availability
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