844 4th St, Santa Rosa, CA 95404-4505
- Retail space
- 4,747 SF
- 0.48 lot acres
Current Use by Public Records
- Verizon / Mobile Phone Store / Electronics & Wireless Store
- Verizon Business Services / Business To Business Service
Property Details for 844 4th St
- Year built
- 1956
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.48 lot acres
- Property type
- Retail space
- APN
- 009-061-053-000
- APU
- 9061053000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 16, 2025 | — | Kinslow Enterprises LLC | Kinslow Enterprises LLC | Deed · related | $1.2M · Poppy Bank |
| Jan 9, 2020 | — | Kinslow Enterprises LLC | — | Deed · related | $250k · Summit State Bank |
| Mar 17, 2000 | — | Kinslow Enterprises LLC | Longerbeam,jinx | Trustees Deed · related | — |
| Aug 21, 1997 | — | Kinslow Trust | Kinslow,fisher J | Quit Claim Deed · related | — |
| — | — | Kinslow Enterprises LLC | — | Deed Of Trust · related | $450k · Sonoma National Bank |
Description
This exceptional investment opportunity presents a 5,500 square foot freestanding Verizon Wireless store located at 844 4th Street, Santa Rosa, CA 95404. The property, built in 1956 and renovated in 1997, sits on a 0.48-acre lot and is zoned CITYSR. Currently operating under a Net Lease (NN) agreement with a corporate guarantee from Verizon, the lease commenced August 1, 2024, and expires July 31, 2029, offering a remaining term of approximately 4.7 years. The lease includes two (3) year options with a 3% rent bump in each. The property boasts a 100% occupancy rate, generating a Net Operating Income (NOI) of $132,500, resulting in a 5.30% cap rate. The asking price is $2,500,000. This single-unit, single-story building offers high visibility and excellent accessibility, situated in a high-traffic area of Santa Rosa. The average population within a 3-mile radius exceeds 137,000, with an average household income surpassing $118,000. This investment is further supported by strong store visit metrics, ranking in the 91st percentile nationwide. Ample parking is available. This is a rare opportunity to acquire a high-performing retail asset in a desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $860,000
- 6.5%
- $795,000
- 7%
- $740,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Sonoma
- State
- California
- Longitude
- -122.709
- Latitude
- 38.4422
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA
