Santa Rosa Office Building
1330 N Dutton Ave, Santa Rosa, CA 95401
Call to check price and availability
Centrally located, remodeled office building with tenant income.
Type:Office
Property size:
26,336 SFPrice / SF:
$187/SF- Added:
- Aug 13, 2024
- Days on Market:
- 695
- Last Refresh:
- Jun 24 at 6:42 pm
Property Features for 1330 N Dutton Ave
General Information
- Standard status
- Active
- Size
- 26,336 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing office North Bay Property Advisors (707) 360-4455
Listing date Aug 13, 2024
Source Crexi
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 North Bay Property Advisors
HighLights
- Prime owner‑user opportunity with approximately 13,168 sq ft of recently updated office space available on the second floor by February 2025.
- Centrally located in Santa Rosa, within minutes of US Hwy 101 and in the established Santa Rosa Business Park.
- Completely remodeled in 2017 with contemporary finishes and large glass lines.
- Potential for rental income from existing tenants, including a long‑term tenant (BC Foods) with a lease through November 2028, generating approximately $19,062/month gross rent with the 2nd floor vacant.
- Flexible second‑floor layout easily divisible into two suites (approximately 2,278 sq ft and 8,582 sq ft).
- Newer, efficient mini‑split HVAC system provides individual climate control for each suite.
Overview
This centrally located Santa Rosa office building offers an owner-user opportunity, featuring approximately 26,336 square feet across two stories. Each floor provides approximately 13,000 square feet. The building was completely remodeled in 2017 with large glass lines and contemporary finishes. The ground floor is currently occupied by several tenants, including BC Foods, Granite Construction, AMWINS Insurance, and Ed Ritch Insurance. The second floor, consisting of approximately 13,168 square feet of recently updated office space, will be available for a new owner/user after tenant AMWINS vacates by February 28, 2025. The upstairs area includes newer carpet, paint, and a break room with stone countertops. The second floor offers approximately 18 perimeter offices, a large conference room, production space, a break room, a main bullpen configured for about 16 workstations, a restroom core, and additional office space. It can be easily divided into two suites of approximately 2,278 square feet and 8,582 square feet, respectively. Cosmetic updates have been made to common areas, including flooring, lights, and paint. The HVAC system has been replaced with more efficient mini-split HVAC units, providing more control of climate within each suite. The building's gross rent with the 2nd floor vacant is about $19,062/month. BC Foods, a long-term tenant, has recently extended their lease through November 2028. The property is part of the "Park Campus" commercial office development and shares parking and exterior common areas. The property is located within the Santa Rosa Business Park, minutes from US Hwy 101.
Local Financial Insights For Office B
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 | $584.7k | $22.20 |
| − Vacancy | −$88.9k | −$3.37 |
| EGI | $495.8k | $18.83 |
| − OpEx | −$123.9k | −$4.71 |
| NOI | $371.8k | $14.12 |
26,336 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.31M
$4.65M – $6.20M
NOI $371,843 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$7.32M
$6.40M – $8.54M
NOI $512,185 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Zilavy Debra L ...
Physician
RIC Insurance General ...
Insurance Agency
Don Talley, Ph.D., ...
Physician
Diane C. Gleim, ...
Physician
Lya Chapman
Physician
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Sonoma
- State
- California
- Longitude
- -122.7329983
- Latitude
- 38.4504017
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FAQs
What type of property is this?
Office building - Centrally located, remodeled office building with tenant income.
Where is this office building located?
The property is located at 1330 N Dutton Ave Santa Rosa, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Prime owner‑user opportunity with approximately 13,168 sq ft of recently updated office space available on the second floor by February 2025.; Centrally located in Santa Rosa, within minutes of US Hwy 101 and in the established Santa Rosa Business Park.; Completely remodeled in 2017 with contemporary finishes and large glass lines.
