Freestanding Highway Commercial or Restaurant Opportunity

Transcription

1 BACK ON MARKET LEASE OFFERING RATE SALE PRICE Bldg A: $1.35/sft/NNN $2,499,000 Bldg B: $1.15/sft/NNN FEATURES Bldg A: 7,625± sf C-3 County Zone Free- Standing Commercial Use Building Plus a Bldg B: 1,800± sf Second Freestanding Building all on 1± Acre Old Redwood Highway Prominence Zoning Allows for Brewery, Bulk Retail, Commercial Services, Winery Tasting Rooms Fully Fire Sprinklered Main Building Abundant On-Site Parking on 1 Acre Site Structural Upgrades and 3 Restrooms Patio Seating Area Potential Close Proximity to Freeway, Lagunitas Brewery and Downtown Petaluma Lease or Option to Purchase Potential 600 Amp 3 Phase Power Dino D Argenzio, Partner Erlina Othman, Agent 1355 N Dutton Ave., Santa Rosa, CA (707) Fax: (707) Lic #s: , DArgenzio@keegancoppin.com, Erlina.Othman@keegancoppin.com The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

2 SALE PRICE $2,499,000 TOTALING SF 7,625± sf Stand-Alone Building Plus 1,800± sf Second Building ZONED County C-3 Zone APN # LEASE RATE Bldg A: 7,625 $1.35/sft/NNN Bldg B: 1,800 $1.15/sft/NNN PARKING On-Site (Count T.B.D.) PRIMARY TYPE Bulk Retail/Flex Space and Formerly Tentatively Approved as Food Services PROPERTY DESCRIPTION Subject Property is comprised of two buildings on a C-3 zoned in county of Sonoma site. The larger is a free standing retail building at approximately 7,625 sft that has gone through brewery permits with ADA bathrooms plus potential food services flooring and tiles. The building is fire sprinkled and has abundant on-site parking. Second barn style building at approximately 1,800 sft to the Westerly portion of the lot. The area is a unique mixed-use opportunity with great freeway identity, zoned C-3 in the County of Sonoma, which allows for bulk retail, commercial, wineries, breweries, distilleries and office uses. DESCRIPTION OF LOCATION - AREA The site is a 1.01± Acre lot with abundant on-site parking, facing a busy Old Redwood Hwy and is just North of McDowell Blvd, Petaluma. County C-3 zoning allows for: Schools, bulk retail, distillery, restaurant, brewery, winery, live music, bulk retail, mixed use and a variety of other commercial uses suitable within C-3 zone. LAND AREA 43,996± sf The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

3 C-3 ZONING The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

4 Floor Plan The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

5 The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

6 11/27/2018 Sonoma County, CA Code of Ordinances Article C3 General Commercial District. Sec Purpose. Purpose: to implement the provisions of Section of the general plan by providing a location for wholesale and heavy commercial uses and services necessary within the county which are not suited to other commercial districts. To implement the commercial objectives of adopted redevelopment plans within redevelopment projects areas in the general plan. (Ord. No. 4643, 1993.) Sec Permitted uses. Permitted uses include the following: (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) Retail sales and service uses necessary to serve the C3 district, but not including those uses listed in Section ; New and used passenger vehicle, boat and recreational vehicle sales, rental and repair; Truck, trailer and farm implement sales, including major repair facilities; Tire sales, including recapping and retreading; Machinery sales and rental; Bakeries, creameries, soft drink bottling plants, laundries, cleaning and dying plants; Cabinet shops; electrical, plumbing and heating shops; welding, sheetmetal and machine shops; Wholesale warehouse uses; Storage yards accessory to the uses listed in this section, not to exceed one hundred percent (100%) of the gross area of the main building; Small collection facilities as an accessory use to any permitted use subject to the provisions of Section ; (Ord. No ) (k) (l) (m) (n) (o) (p) (q) (r) (s) (t) (u) (v) Feed stores; Surplus goods stores; Furniture, carpet, drapery and upholstery warehousing including incidental retail sales and service; Paint and wallcovering stores; Garden supply stores; New and used manufactured home sales; Business equipment and supplies sales; Automobile accessories, parts and equipment sales including installation; Business support services including copying and printing, janitorial services and security services; Household goods rental store; Business equipment and furniture rentals; Warehouses including mini-warehouses, moving and storage companies; 1/5

7 11/27/2018 Sonoma County, CA Code of Ordinances (w) (x) (y) (z) (aa) (bb) (cc) (dd) (ee) ( ) (gg) (hh) Occasional cultural events; provided, that a written notice stating "The Sonoma County Planning Departmen zoning permit for a cultural event (state nature and duration) on this property if a written appeal is not rece (10) days from the date of this notice." is posted on the property at least ten (10) days prior to issuance of a and no appeal pursuant to Section has been received from any interested person, and provided t secured from the following departments: sheri, public health, re services, building inspection and public w event of an appeal, a hearing on the project shall be held pursuant to Section ; Beekeeping; Attached commercial telecommunication facilities subject to the applicable criteria set forth in Section ; Minor and intermediate freestanding commercial telecommunication facilities eighty feet (80 ) or less, subject to the applicable criteria set forth in Section ; Noncommercial telecommunication facilities eighty feet (80 ) or less in height subject to the applicable criteria set forth in Section ; Small wind energy systems not located within a county-designated urban service area or within two thousand ve hundred feet (2,500 ) of a county-designated urban service area, subject to zoning permit approval and the standards in Section ; Other nonresidential uses which in the opinion of the planning director are of a similar and compatible nature to those uses described in this section; Small-scale homeless shelters serving no more than ten (10) persons pursuant to , subject to Article 82 (Design Review), within designated urban service areas; Hosted rentals, subject to issuance of a zoning permit and compliance with Section (Hosted Rentals and Bed and Breakfast Inns); One (1) junior accessory dwelling unit per lot, pursuant to Section ; Transitional housing, subject to density or building intensity limitations, when located within an existing, legal residential unit; Permanent supportive housing, subject to density or building intensity limitations, when located within an existing, legal residential unit. (Ord. No. 6223, XV, ; Ord. No. 6191, V(Exh. D), ; Ord. No. 6145, IV, ; Ord. No. 5883, IV, ; Ord. No (x), 2003; Ord. No , 2002; Ord. No (a), 1996; Ord. No. 4643, 1993.) Sec Uses permitted with a use permit. Uses permitted with a use permit include the following: (a) One (1) dwelling unit on permanent foundations per lot subject, at a minimum, to the following criteria, and provided that no commercial use may be permitted unless the dwelling unit is removed or converted to another use in accordance with this district. (1) (2) (3) The property is not located within a redevelopment project area identi ed on the general plan land use map, The property has constraints or is of such a size as to make it infeasible to develop with the commercial uses allowed by zoning, The unit complies with setbacks, building heights and other standards of the applicable zoning district, 2/5

8 11/27/2018 Sonoma County, CA Code of Ordinances (4) The unit meets other conditions which may result from the application review process; (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o) (p) (q) (r) (s) (t) (u) (v) (w) (x) (y) (z) (aa) (bb) (cc) Reserved; Animal hospitals, veterinary clinics and kennels; Large and heavy merchandise sales, including machinery, hardware, lumber yards, building materials or landscape materials yards; Truck terminals, gasoline service stations and associated uses; Fuel yards, the bulk storage of ammable liquids; Contractor's equipment storage or rental yards; Outdoor sales yards, auction yards and ea markets; heavy equipment sales; Gasoline sales; Nonoperative vehicle storage yards, recreational vehicle storage yards, manufactured home storage yards, eet storage yards; Recycling centers for household paper, glass and metals; Testing laboratories; Photo processing plants; Plating, stripping, and coating shops; Bus terminals; Ambulance terminals; Taxi terminals; Commercial parking facilities; Heliports; Retail and wholesale nurseries; Minor public service uses or facilities (transmission and distribution lines and telecommunication facilities excepted), including but not limited to reservoirs, storage tanks, pumping stations, telephone exchanges, small power stations, transformer stations, re and police stations and training centers, service yards and related parking lots which, at a minimum, meet the criteria of general plan Policy PF- 2(s) and which are not otherwise exempt by state law; Exploration and development of low temperature geothermal resources for other than power development purposes provided that at a minimum it is compatible with surrounding land uses; Gymnasiums, health clubs, spas, indoor recreation, and similar uses; Commercial planned developments and commercial condominiums. Compatibility with adjacent development, unique characteristics, innovation and the provision of amenities will be the primary criteria utilized in evaluating such development. The lot size and setback requirements of Section shall not apply to such developments; Adult entertainment establishments, subject to the requirements of Section (f); (Ord. No ) Day care center; Large residential community care facility; Large recycling collection facilities and light recycling processing facilities subject to the provisions of Section ; Ampli ed live music. Bars, cocktail lounges, live entertainment; 3/5

9 11/27/2018 Sonoma County, CA Code of Ordinances (dd) (ee) ( ) (gg) (hh) (ii) (jj) (kk) (ll) Intermediate and major freestanding commercial telecommunication facilities greater than eighty feet (80 ) at a minimum to the applicable criteria set forth in Section ; Noncommercial telecommunication facilities greater than eighty feet (80 ) in height subject at a minimum to the applicable criteria set forth in Section ; Small alcoholic beverage retail establishments, subject to the standards in Section ; Reserved; Emergency homeless shelters with up to fty (50) beds, subject to design review, within designated urban service areas; Small wind energy systems located within a county-designated urban service area or within two thousand ve hundred feet (2,500 ) of a county-designated urban service area, subject to the standards in Section ; Live/work uses in conjunction with a legally established single family residential unit subject to the requirements of Section Live/work uses shall not be permitted in a mixed use development, SRO unit, or caretaker unit; Other nonresidential uses which in the opinion of the planning director are of a similar and compatible nature to those uses described in this section; Commercial cannabis medical uses in compliance with Sections through (Ord. No. 6189, II(C), ; Ord. No. 5933, II(h), ; Ord. No. 5883, IV, ; Ord (j), 2008; Ord. No , 7, 2005; Ord. No (y), 2003; Ord. No (y), 2003; Ord. No (b), (c), 1996; Ord. No. 4643, 1993.) Sec Building intensity and development criteria. The use of land and structures within this district is subject to this article, the applicable regulations of this chapter, and the provisions of any district which is combined herewith. Policies and criteria of the general plan and any applicable speci c or area plan or local area development guidelines shall supersede the standards herein. (a) (b) Building Intensity. The maximum building intensity of the use of a site shall be determined by multiplying the maximum building height limit and the maximum coverage of the lot in square feet. The speci ed height or lot coverage limits may be modi ed if a use permit is rst secured and if the maximum building intensity is not exceeded. Maximum Building Height. (1) (2) Thirty- ve feet (35 ) provided, however, that the additional height may be permitted subject to subsection (a) of this section. Maximum height for telecommunication facilities is subject to the provisions of this article and Section (c) (d) (e) Minimum Lot Size. Eight thousand (8,000) square feet. Maximum Lot Coverage. Fifty percent (50%) provided that additional coverage may be permitted subject to subsection (a) of this section. Yard Requirements. The minimum yard requirements in a C3 district shall be the same as in an LC district; provided, however, that a greater setback may be established for properties abutting certain roads classi ed as collector or arterial in Sections CT-4.4 and CT-4.5 of the general plan or to 4/5

10 11/27/2018 Sonoma County, CA Code of Ordinances accommodate any landscaping required pursuant to subsection (g) of this section. If the subject property adjoins land which is zoned AR or is designated as agricultural land, the use is subject to the requirements of Section (g). (f) (g) Parking and Loading Spaces. The parking and loading space requirements shall conform to the provisions of Article 86 of this chapter. Design Review. Design review approval shall be required for all uses in the manner provided in Article 82. (Ord. No (d), 1996; Ord. No. 4643, 1993.) 5/5

11 RETAIL & FOOD SERVICE LEASE COMPS SONOMA COUNTY rev. 3/2016 LOCATION & BUSINESS 2300 Mendocino Ave/Safeway Center High Tech Burrito APPROX. SPACE SIZE EFFECTIVE RATE/S.F./MO LEASE DATE 1400 sft $3.85 psft/nnn plus $1.05 CAM 7/ Mendocino Ave/Safeway Center Scottrade 1400 sft $3.67/psft/NNN plus$1.05 CAM 2/ Mendocino Ave/Safeway Center Boathouse Sushi 2,200 s.f. $3.15 psf/nnn plus $1.10 psf CAM E. Cotati Avenue Juice Shack 1100 sft $2.20 psft/nnn 3/2014 Shiloh Center Lease to High Tech Burrito 1,600 s.f. $3.00 psf/nnn Mendocino Ave/Safeway Center Pieology Pizza 1600 Sft $3.65 psft/nnn plus $1.05 sft/cam 3/2015 Santa Rosa Market Place to Chubby's 1,300 s.f. $3.91 psf/nnn Plus CAM of $.678 sft/mo Farmers Ln. Santa Rosa Auto Association (AAA) 5500 sft $2.15 sft/nnn 2016 Anytime Fitness Sonoma Hwy Santa Rosa 3,600 s.f. $2.10 psf/nnn 2010 Steele Ln & Mendocino Avenue Panera Bread 3,800 s.f. $3.20 psf/nnn Jan.2012 Montgomery Village Boudin Bakery 4,000 s.f. $2.75 psf/nnn May Santa Rosa Avenue (Santa Rosa Marketplace) Menchie s Yogurt 1,400 s.f. $4.00 psf / NNN Plus $.75sft/CAM March 2014 The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

12 Steele Ln. European Facial 1,800 s.f. $2.95 psf/nnn August Mendocino Ave. (Safeway Center) 5 Guys Burgers 2,000 s.f. $2.75 psf/nnn 2011 Habit Burger/Napa 2,000 s.f. $3.90 psf/nnn Mendocino Ave Triple A Auto Service 4760 sft $2.95 sft/nnn 2016 Redwood Credit Union 2463 Mendocino Ave 4000 sft $2.95 sft/nnn Sebastopol Rd to Maria Contreras Torres & Ernest Torres 1,360 s.f. $2.10 psf/nnn Feb Corporate Ctr. Pkwy. to St. Joseph Emergency Health 3,200 s.f. $3.25 psf/nnn May Brooks Rd. South to Verizon Wireless 1,875 s.f. $2.00 psf/nnn October Mendocino Ave. Little Caesar s Pizza 1,750 s.f. $2.10 psf/nnn October Fulton Rd. Tutti Frutti Yogurt 1,200 s.f. (in-line) $2.05 psf/nnn November Santa Rosa Ave. Pet Smart 16,000 s.f. $2.28 psf/nnn July Guerneville Road Tan s Donuts 1,391 s.f $2.63 psf / NNN June A Guerneville Rd. Kwik Stop 2,100 s.f. $2.73 psf/nnn November Santa Rosa Avenue (Santa Rosa Marketplace) Jimmy John s Gourmet Sandwiches 1,320 s.f. $4.50 psf / NNN July 2014 The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

13 The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

14 The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.