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Big Oak Plaza

2460-2494 W 3rd St, Santa Rosa, CA 95401

  • For Sale $7,999,999
  • Property Type Retail
  • Property Size 25,538 SF
  • Lot Size 2.59 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1985
  • Date Updated Apr 14, 2022
Santa Rosa, CA has a population of approximately 177,500 and has an unemployment rate of 3.1%, which is 0.6% lower than the U.S. average. The Santa Rosa job market has increased by 1.7% over the last year with future job growth over the next ten years predicted to be 34.8%, which is higher than the U.S. average of 33.5%. Median Household Income is approximately $95,700 with a population of 191,545 in a 5-mile radius and approximately $100,600 with a population of 333,557 in a 10-mile radius. Sonoma County has a population of approximately 500,000 and is known for its incredible natural beauty, technology base and bioscience firms, diverse landscape, world-class food, and beverages including approx. 250 wineries and 25 craft beer breweries, 16 American Viticultural Areas (AVA's) nestled between the Mayacama Mountains and the beautiful Pacific Coast/Bodega Bay to the Russian River and Sonoma Valley. Employment and innovation leaders include Medtronic, Keysight (formerly Agilent), JDS Uniphase, Tri Vascular Medical Devices, American Ag Credit, Kaiser Hospital, St. Joseph Health, and Sutter Health. Sonoma County educational institutions include Sonoma State University, Empire College, Santa Rosa Junior College, and a branch of San Francisco State University. Sonoma County is the home of the burgeoning craft beer industry led by world-renowned breweries including Lagunitas Brewing Co, Russian River Brewing Co, and Bear Republic Brewing Co. The annual release in Downtown Santa Rosa of Russian River Brewing Company's Pliny the Younger draws thousands of beer aficionado's from around the world for two weeks in February and is ranked among the world's top craft beers. The economic impact of the craft brewing industry in Sonoma County is estimated to be over $125,000,000.00. During the last 30 years, the popularity and significance of Sonoma County wines have given rise to a variety of cultural amenities, attractions, and experiences including wine tasting, winemaker dinners, vineyard cycling, and competitive cycling events, the Green Music Center, Wells Fargo Center for the Arts, and the recent boom in craft brewery tours.
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Location

  • City Santa Rosa, CA
  • Neighborhood Vintage Oaks
  • Zip Code 95401
  • Market San Francisco

Contacts

Payton Kelly

True Real Estate Partners

(707) 888-3441

Highlights

  • Signalized intersection with 30,000 ADT and over 175,000 population in a 5-mile radius.
  • Recent transition from modified gross to triple net lease provides significant value-add opportunity for experienced investors with annual operating expense reimbursement increases.
  • Mixed-use neighborhood center with 25,538 SF, with approx. 20,456 SF of retail and 5,082 SF of office.

Frequently Asked Questions

What is the total square footage of Big Oak Plaza?

Big Oak Plaza totals 25,538 square feet.

When was this property built?

Big Oak Plaza was built in 1985.

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Contact Listing Broker

Payton Kelly

True Real Estate Partners

(707) 888-3441

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