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Light Industrial Property for Sale 572 Martin Ave 10,450 SF 50% Leased Flex Building Rohnert Park, CA 94928 $2,495,000 ($238.76/SF) 5.77% Cap Rate




EXECUTIVE SUMMARY
• Newer Concrete Tilt-up Building
• Glass Store Fronts
• Freshly Painted (inside and out) 2025
• New Roof Installed 2023
• Parking Lot Resurfaced & Striped 2024
• 1,000 AMP, 3-Phase Electrical with 4 Meters (incl. House)
• Sprinklered for Fire Protection
• Six (6) Grade Level Roll-up Doors (4) 12’ x 16’, (1) 14’ x 12’ & (1) 10’ x 12’
• Exclusive Yard Area
• Well Maintained & Professional Managed Property
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$185,400
![]() |
$17.74
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$185,400
![]() |
$17.74
![]() |
Taxes |
-
![]() |
-
![]() |
Operating Expenses |
-
![]() |
-
![]() |
Total Expenses |
$41,526
![]() |
$3.97
![]() |
Net Operating Income |
$143,874
![]() |
$13.77
![]() |
FINANCIAL SUMMARY (PRO FORMA - 2025)
Gross Rental Income | |
---|---|
Annual | $185,400 |
Annual Per SF | $17.74 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $185,400 |
Annual Per SF | $17.74 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $41,526 |
Annual Per SF | $3.97 |
Net Operating Income | |
---|---|
Annual | $143,874 |
Annual Per SF | $13.77 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Caiati Customs
- Public Administration
- -
- -
- -
- Miller Concrete Inc
- Construction
- -
- -
- -
- Pyramid Table Solution
- Construction
- -
- -
- -
- Syserco
- Public Administration
- -
- -
- -
- Web-Ven, Inc
- Services
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Caiati Customs | Public Administration | - | - | - | ||
Miller Concrete Inc | Construction | - | - | - | ||
Pyramid Table Solution | Construction | - | - | - | ||
Syserco | Public Administration | - | - | - | ||
Web-Ven, Inc | Services | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Suite 2 is an Office/Warehouse space consisting of approximately 1,625 sq ft of conditioned office and 3,600 sq ft of warehouse (5,225 +/- sq ft total). This is the end cap unit opening to the back of the property and an approximately 50’ x 32’ yard area through an 14’ x 12’ roll-up door. Office space consists of six (6) privates, conference room, large open reception/work area, a second smaller open work area, coffee bar, and a private restroom. Warehouse is approximately 16’ clear and includes 10’ x 12’ and 16’ x 12’ grade level truck doors, two (2) personnel doors and a separate restroom. Office and warehouse are sprinklered and the entire roof is insulated.
Space | Size | Space Use | Condition | Available |
1st Fl - 2 | 5,225 SF | Flex | Full Build-Out | Now |
1st Fl - 2
Size |
5,225 SF |
Space Use |
Flex |
Condition |
Full Build-Out |
Available |
Now |
1st Fl - 2
Size | 5,225 SF |
Space Use | Flex |
Condition | Full Build-Out |
Available | Now |
Suite 2 is an Office/Warehouse space consisting of approximately 1,625 sq ft of conditioned office and 3,600 sq ft of warehouse (5,225 +/- sq ft total). This is the end cap unit opening to the back of the property and an approximately 50’ x 32’ yard area through an 14’ x 12’ roll-up door. Office space consists of six (6) privates, conference room, large open reception/work area, a second smaller open work area, coffee bar, and a private restroom. Warehouse is approximately 16’ clear and includes 10’ x 12’ and 16’ x 12’ grade level truck doors, two (2) personnel doors and a separate restroom. Office and warehouse are sprinklered and the entire roof is insulated.
PROPERTY TAXES
Parcel Number | 143-930-038 | Improvements Assessment | $779,221 (2023) |
Land Assessment | $286,623 (2023) | Total Assessment | $1,065,844 (2023) |
PROPERTY TAXES
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Light Industrial Property for Sale | 572 Martin Ave
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