Description

879 2nd Street is a medical office property for sale in Santa Rosa, CA. The 4,266 SF building is 100% occupied, positioning the acquisition around an existing healthcare use and an occupied property rather than a vacant building awaiting a user.

Built in 1998, the building occupies 0.12 acres. For a medical office investor, the 4,266 SF footprint defines the scale of the holding, while the existing occupancy places the focus on the current tenancy. The medical office designation also gives a buyer a specific property type against which to frame the acquisition, rather than a broader commercial use. With a WALT of 3 years, the investment combines current occupancy with a defined lease horizon. That timing matters to a buyer deciding how long the existing tenancy aligns with an ownership plan.

The asking price is $1,158,000, with pricing of $271 PSF. NOI of $81,054 and a 7% cap rate give buyers current income measures to weigh against the purchase price. The 3 years of WALT makes lease timing part of that same investment decision: the income figures describe the property today, while the lease horizon sets the period an investor must plan around. For a buyer seeking an occupied medical office holding in Santa Rosa, 879 2nd Street presents a clearly priced acquisition with a defined income profile and tenancy timeline.