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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 | $810,701 |
| Land Assessment | $298,202 | Total Assessment | $1,108,903 |
PROPERTY TAXES
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Light Industrial Property for Sale | 572 Martin Ave
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