Redwood Business Park - 1318 Redwood Way

Off-Market

1318 Redwood Way, Petaluma, CA 94954

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  • Property Type Office - General Office
  • Property Size 36,528 SF
  • Lot Size 0.41 Acre
  • Parking Spaces Avail. 146
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 26 Jun, 2013
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Petaluma

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Petaluma Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $25.33
  • 2022 Office Vacancy Rate 23.44%
  • 2022 Office Completions (SF) 32,000
View more Petaluma market trends

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent

  • Transit Score ®

    28/100 Some Transit

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Petaluma, CA
  • Zip Code 94954
  • Market San Francisco

Points of Interest

  • Petaluma Downtown

    3.13 miles

  • Cotati

    4.11 miles

  • Rohnert Park

    5.30 miles

  • 76

    0.51 miles

  • Electrify America

    1.48 miles

  • 76

    2.79 miles

  • Chevron

    2.82 miles

  • Shell

    2.91 miles

  • Valero

    3.00 miles

  • Chevron

    3.01 miles

  • Shell

    3.07 miles

  • Texaco

    3.54 miles

  • Shell

    3.64 miles

  • Golden Eagle Shopping Center

    3.13 miles

  • Keller Street Garage

    3.15 miles

  • Petaluma Market Parking

    3.16 miles

  • Citi Bank Parking

    3.21 miles

  • Wells Fargo Parking

    3.22 miles

  • 4th Street Parking

    3.25 miles

  • Disabled Parking

    3.30 miles

  • Rivertown Feed & Pet Country Store

    3.35 miles

  • Northbay Vetrenary Parking

    3.37 miles

  • Petaluma Coffee Company

    3.38 miles

  • Motel 6

    0.12 miles

  • Quality Inn

    0.29 miles

  • Oyo Hotel

    0.39 miles

  • Sheraton Sonoma Wine Country Petaluma

    4.19 miles

  • Best Western Sonoma Winegrower's Inn

    5.51 miles

  • Black Sterling Villa and Vineyard Estate

    5.70 miles

  • Motel 6 Rohnert Park, CA

    5.71 miles

  • Rodeway Inn Wine Country

    5.75 miles

  • Budget Inn Expressway Hub

    5.77 miles

  • Hampton Inn & Suites Rohnert Park - Sonoma County

    5.80 miles

  • Beyond the Glory

    0.17 miles

  • Burger King

    0.19 miles

  • IHOP

    0.21 miles

  • Applebee's

    0.25 miles

  • Jack in the Box

    0.26 miles

  • Denny's

    0.56 miles

  • Pete's Henny Penny Restaurant

    0.56 miles

  • Lombardi's

    1.13 miles

  • Wishbone

    2.42 miles

  • Ambrosia

    2.45 miles

  • Corona Creek Elementary School

    0.97 miles

  • Cinnabar Charter & Elementary School

    1.20 miles

  • Kenilworth Junior High School

    1.28 miles

  • Waugh School

    1.54 miles

  • Santa Rosa Junior College

    1.69 miles

  • Penngrove Elementary School

    1.69 miles

  • Sonoma Mountain Elementary Charter School

    2.00 miles

  • Liberty Elementary School

    2.24 miles

  • Cherry Valley Elementary School

    2.29 miles

  • Saint Vincent High School

    2.39 miles

  • Child Development Center (CDC)

    7.02 miles

Frequently Asked Questions

What is the total square footage of Redwood Business Park - 1318 Redwood Way?

Redwood Business Park - 1318 Redwood Way totals 36,528 square feet.

When was this property built?

Redwood Business Park - 1318 Redwood Way was built in 1988.

When was Redwood Business Park - 1318 Redwood Way last sold?

Redwood Business Park - 1318 Redwood Way was last sold on 26 Jun, 2013.

What is the property tax for Redwood Business Park - 1318 Redwood Way?

The property tax for Redwood Business Park - 1318 Redwood Way in 2023-2024 was $49,902.

What is the market value for Redwood Business Park - 1318 Redwood Way?

The market value* for Redwood Business Park - 1318 Redwood Way in 2023-2024 was $4,559,426.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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