Turnkey Corner Office
For Sale
$599,000
A8-1445 Technology Ln, Petaluma, CA 94954
A furnished office suite with 24-foot ceilings, floor-to-ceiling windows, and dedicated private and conference space.
Property Size2,502 SF
Price / SF$239.41
Days on Market98
Property Features for A8-1445 Technology Ln
General Information
Standard status
Active
Size
2,502 SF
Additional Details
Highway Access
Yes
Clear Height
24 ft
Building Details
Stories
2
Listing Agency:
Compass
(415) 380-6100
Listed By:
Rick Trono · License #01045523
5151117
Source:
Exprealty
Added: May 5
Changed: Aug 8
Last Checked: Aug 10 at 9:32AM
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 Compass
Investment Insights
Based on property information with market context.
Suite A8 at 1445 Technology Lane is a turnkey corner office unit totaling approximately 2,502 square feet, offered furnished. The flexible, two-story layout includes two private offices, two conference rooms, open workspace areas, a dedicated shipping and receiving room, ample storage, and a kitchen. Floor-to-ceiling windows bring in natural light, and the space features soaring 24-foot ceilings, creating a bright, high-ceiling work environment.
The property sits in Petaluma’s business corridor and is positioned alongside Adobe Creek, with immediate access to walking and biking paths. It is located on a quiet cul-de-sac just off Casa Grande and Lakeville Hwy, offering convenient commuter access while maintaining a more peaceful, campus-like setting. Onsite parking supports everyday arrival and client visits, and the monthly HOA is listed at $765.
This suite is well suited for teams that want a ready-to-occupy office with multiple meeting rooms and a mix of private and collaborative areas. The presence of both shipping and receiving space and on-site parking also supports client-facing operations and day-to-day logistics within the same footprint.
The property sits in Petaluma’s business corridor and is positioned alongside Adobe Creek, with immediate access to walking and biking paths. It is located on a quiet cul-de-sac just off Casa Grande and Lakeville Hwy, offering convenient commuter access while maintaining a more peaceful, campus-like setting. Onsite parking supports everyday arrival and client visits, and the monthly HOA is listed at $765.
This suite is well suited for teams that want a ready-to-occupy office with multiple meeting rooms and a mix of private and collaborative areas. The presence of both shipping and receiving space and on-site parking also supports client-facing operations and day-to-day logistics within the same footprint.
Key Highlights
- 1445 Technology Lane, Suite A8: 2,502 sq ft furnished corner office suite
- 24‑foot ceilings with floor‑to‑ceiling windows for abundant natural light
- Flexible layout with 2 private offices, 2 conference rooms, and open workspace areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,326
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$706,520
$706.5K
Cap Rate 7%
$504,657
$504.7K
Cap Rate 9%
$392,511
$392.5K
Market Conditions
NOI Build-Up for 2,502 SF
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.
Gross rent
$55.5K $22.20/SF
− Vacancy
−$8.4K −$3.37/SF
EGI
$47.1K $18.83/SF
− OpEx
−$11.8K −$4.71/SF
NOI
$35.3K $14.12/SF
Area
Sonoma County, CA
Vacancy
15.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$706,520
Cap Rate 7%
$504,657
Cap Rate 9%
$392,511
Alternative Uses
Best Use
Office B
$504.7K
$441.6K – $588.8K
NOI $35,326 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$678.0K
$593.2K – $791.0K
NOI $47,459 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Explore this area
Business Placement
Demographics for 94954, CA
38,301
Population
15,147
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
92%
High-School Grad
62.2 sq mi
ZIP Area
616
Density / Sq Mi
$107,564
Median Household Income
$58,362
Median Earnings
$2,405
Median Rent
$790,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - A furnished office suite with 24-foot ceilings, floor-to-ceiling windows, and dedicated private and conference space.
Where is this office units located?
The property is located at A8-1445 Technology Ln Petaluma, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1445 Technology Lane, Suite A8: 2,502 sq ft furnished corner office suite; 24‑foot ceilings with floor‑to‑ceiling windows for abundant natural light; Flexible layout with 2 private offices, 2 conference rooms, and open workspace areas
