Retail Business for Sale in Petaluma, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Petaluma, CA 94952

Description

101 2nd Street is located in the heart of charming Petaluma’s Theatre District - the region’s premier open-air dining and retail destination venue featuring local downtown shopping, savory eateries, and entertainment. Situated along the historic and scenic Petaluma River, visitors can shop, dine, and play the day away at this mixed-use lifestyle center.

Market Context

This retail in Petaluma, CA is listed for sale. It has been on the market for 93 days. Compare it against other retail listings for sale in Petaluma, CA — <a href="/search/sale/retail/california/petaluma">view the full market</a>.

As of Q3 2021, the San Francisco North Bay retail market showed a 5.4% vacancy rate, average asking rents near $32.35/SF/yr, and cap rates around 5.8%. Source: Www.lee-Associates.com Q3 2021 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Francisco North Bay?
About 5.8% as of Q3 2021, per Www.lee-Associates.com.
Is the San Francisco North Bay retail market tightening or softening?
Vacancy is around 5.4% (Q3 2021).

Unified Estimate

Medium Confidence

$23.87/SF – $32.29/SF

Mid: $28.08/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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