1304 Southpoint Blvd Listing Details & Market Data

Corner location just off North McDowell Boulevard offers easy access off Highway 101. Property is well situated in the Petaluma Business District within walking distance to Deer Creek Village, a new premier mixed-use center. Petaluma has enjoyed a sustained period of strong economic growth, downtown Petaluma has become one of the most vibrant places in the Bay Area. This has created a strong business climate as well as creating excitement for companies wanting to move to Petaluma. Vacancy rates for both Industrial and Office properties have been dropping for years to historic lows. Petaluma also boasts a strong barrier to entry with limited amounts of land and high impact fees. 1304 Southpoint is an opportunity to acquire an asset far below replacement cost.1304 Southpoint is an opportunity for an investor or partial owner/user to buy a high-quality office building in a strong up and coming market with a high barrier to entry. The property sits on 3 acres and provides a strong 6 per 1,000 parking ratio which makes it attractive to a wide range of uses from General Office, to Medical Uses and Call Centers. New Improvements to the lobby and several of the suites should limit any large Capital Expenditures to a new Owner.1304 Southpoint is a true Class A building available for an incredibly low rate. Some offices are fully built out and ready for immediate occupancy, others have an open plan ready for build out. A gorgeous lobby and attentive management team make for a great experience for employees and visitors. Ample covered parking allows for safe and convenient access to the building at all hours of the day.