10333 OLD REDWOOD HWY

WINDSOR

For Sale 690 Saratoga Ave, Suite 200San Jose, CA 95129T 408-217-6000 | F 408-457-8803www.healthmedrealty.com | Lic. 01902032

KEVIN HERAVI 408-457-8800kevin@healthmedrealty.comLic. 01875398

JEFF PETULLA 408-888-4859jeff@healthmedrealty.com Lic. 00852399

Table of ContentsDisclaimer

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INVESTMENT OVERVIEW

PROPERTY OVERVIEW

LOCATION OVERVIEW

FINANCIAL OVERVIEW

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, changes of price, rental or other conditions, withdrawal without notice. Buyer to do all its own due diligence.

10333 OLD REDWOOD HWY

WINDSOR

Investment OverviewHealthMed Realty is pleased to present an exclusive retail center Bonaventure Plaza in the heart of beautiful Sonoma County. The retail center has an exceptionally strong rental history, and is located just off of the crucial 101 corridor. The center offers a synergetic mix of retail services that are essential to the local community including market, food uses, and laundry services. With triple net leases, a growing local economy, and its well-rounded mix of seven tenants, the investment will provide stable returns for many years to come.

OFFERING PRICE

CAP

BUILDING AREA

LAND AREA

YEAR BUILT

$3,285,000

5.85%

9,977 SF

40,510 SF

2004

INVESTMENT OVERVIEW

HIGHWAY 101

REDWOOD HWY

Property Overview

Location Parking

Occupancy

Built

No. of Buildings

County

Building Size

Parcel Size

10333 Old Hwy Rd, Windsor, CA

Sonoma County

9,977 SF

40,510 SF

45 on-site, plus additional street parking

100%

2004

2

Location OverviewWINDSOR, CAWindsor is located immediately adjacent to Highway 101 between Santa Rosa and Healdsburg, just 63 miles northwest of San Francisco, and 32 miles from the Pacific Ocean.

The town of Windsor (pop. 26,801) brings a deliberately designed family-friendly emphasis to the heart of the Sonoma County wine and food country. Located two miles from the Russian River, the well-planned 7.3-square-mile town boasts six community parks, more than 13 neighborhood parks, and three large regional parks. Each year Windsor hosts the popular Wings Over Wine Country Air Show.

Located just 9.8 miles south of Windsor is the town of Santa Rosa which is the largest city in California’s Redwood Empire, Wine Country and the North Bay; the fifth most populous city in the San Francisco Bay Area. Its thriving downtown boasts three distinct shopping districts, five historic residential neighborhoods, arts and culture, events, great restaurants, famous chefs, wine tasting rooms, brew pubs, and a comfortable inviting atmosphere.

Only 63 miles northwest of one the largest thriving cities, San Francisco.

Located in one of the hearts of the wine country.

Sonoma-Marin Area Rail Transit (SMART) has commenced construction work for the Windsor Extension project. Est. Completion Late 2021.

TENANT SF RENT PERSF

TOTALRENT/MO.

TOTAL CAMRECEIVED MO

LEASE END DATE

Martin’s Market 3,250 $1.73 $5,623 $1,495 12/31/2024Ana’s Café Coffee Shop 862 $1.85 $1,595 $397 12/31/2023

Martin’s Restaurant (Taqueria) 705 $1.73 $1,220 $324 12/31/2024

Olsen Family Kenpo Karate 970 $1.00 $970 $233 4/30/2021

Peines Tijeras Salon 720 $1.82 $1,310 $331 5/31/2025Debbies’ Pet Grooming 1,275 $1.74 $2,219 $587 12/31/2020

Laundromat 1,995 $1.54 $3,072 $918 12/31/2023

Office 200 N/C

TOTAL 9,997 $16,008 $4,284

TOTAL ANNUALIZED RECEIPTS $192,092 $51,408

Expense AnalysisExpense Analysis

Property Tax* 40,800 Insurance $5,203Garbage $11,575Landscape Maintenance $1,800

TOW Water $2,352PGE $3,260Comcast $648Alarm Service $454HVAC Maintenance $900Misc. -

Annual Total: $66,992$0.56 PSF/MO

PROPERTY VALUATION

INCOME

Annual Rental Income $192,092

Annual CAM Income $51,408

Prop Tax Pass thru $15,584

Gross Income $259,084

LESS:

Operating Expenses $66,992

NOI: $192,092

CAP RATE: 5.85%

PRICE:

2019 Bonaventure Plaza Rent Roll & ExpensesRent Roll

Property Valuation

*Property Tax Adjusted to sales price

* NNN pass through of Property Tax increases

Map

SITE

WINDSOR

SANTA ROSA

REDWOOD HW

Y

REDWOOD HW

Y

Map

Map

WINDSOR

NAPASONOMA

SANTA ROSA

Overview Map

KEVIN HERAVI 408-457-8800kevin@healthmedrealty.comLic. 01875398

JEFF PETULLA 408-888-4859jeff@healthmedrealty.com Lic. 00852399

10333 OLD REDWOOD HWY

WINDSOR