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2321-2329 Circadian Way 54,529 SF 22% Leased Industrial Building Santa Rosa, CA 95407 $13,632,000 ($250.00/SF) 5.04% Cap Rate

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Investment Highlights

42,319 SF available in August is perfect for wine storage.

The property is located in Northpoint Business Park which was built in 1986 to accommodate light manufacturing and office and warehouse requirements.

Executive Summary

Grow Strong Industries has signed a new lease beginning in May 2023. The building is a high cube industrial warehouse building with 4 recessed docks in the back and grade level doors on three sides of the building. The truck access is excellent and can service large delivery trucks. Both spaces have private offices and room for work stations in the front of the building with more than adequate parking around the building. This property is situated in Northpoint Business Park which was established in 1986 with tenants and building owners such as Kaiser Permante, Amy’s Kitchen, Info Stor, VA Hospital, Satellite Health, and Sonic (internet providers). This is currently owned by the original developers who own the other industrial properties surrounding this property. It is rare for this to go on the market as an individual purchase.

2321-2329 Circadian Way Santa Rosa 8-7-25

Property Facts

Price	$13,632,000	Rentable Building Area	54,529 SF
Price Per SF	$250.00	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1997
Cap Rate	5.04%	Parking Ratio	2.88/1,000 SF
Property Type	Industrial	Clear Ceiling Height	25’
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse	No. Dock-High Doors/Loading	4
Building Class	B	No. Drive In / Grade-Level Doors	3
Lot Size	3.15 AC
Zoning	BP - Business Park

Price	$13,632,000
Price Per SF	$250.00
Sale Type	Investment or Owner User
Cap Rate	5.04%
Property Type	Industrial
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse
Building Class	B
Lot Size	3.15 AC
Rentable Building Area	54,529 SF
No. Stories	1
Year Built	1997
Parking Ratio	2.88/1,000 SF
Clear Ceiling Height	25’
No. Dock-High Doors/Loading	4
No. Drive In / Grade-Level Doors	3
Zoning	BP - Business Park

Air Conditioning

Lighting
Gas - Natural
Water - City
Sewer - City
Heating

Major Tenants

Grow Strong Industries
Retailer
-
-
-

Tenant	Industry	SF Occupied	Rent/SF			Lease End
Grow Strong Industries	Retailer	-	-			-

Space Availability

Space
Size
Space Use
Condition
Available

1st Fl - 2329
42,319 SF
Industrial
Full Build-Out
Now

2321-2329 Circadian Way, Santa Rosa, CA for sale Floor Plan- Image 1 of 1 — Floor Plan

WAREHOUSE ±38,000 RSF & OFFICE ±4,319 RSF. Air-conditioned warehouse with units on roof. 4 interior recessed docks, and 2 grade-level doors. The warehouse has insulated ceiling and walls. Previous tenant used for wine storage. The office portion has 5 private offices, a large bullpen area or showroom, a staff lounge, and 2 restrooms.

Space	Size	Space Use	Condition	Available
1st Fl - 2329	42,319 SF	Industrial	Full Build-Out	Now

Size

42,319 SF

Space Use

Industrial

Condition

Full Build-Out

Available

Now

1 of 1

Videos

Matterport 3D Exterior

Matterport 3D Tour

Photos

Street View Street

Map

Size	42,319 SF
Space Use	Industrial
Condition	Full Build-Out
Available	Now

Property Taxes

Parcel Number	035-133-020	Improvements Assessment	$2,580,389
Land Assessment	$1,221,526	Total Assessment	$3,801,915

Property Taxes

Parcel Number

035-133-020

Land Assessment

$1,221,526

Improvements Assessment

$2,580,389

Total Assessment

$3,801,915

(707) 583-8410

Contact

Barry Palma
Newmark

Listing ID: 29062989
Date on Market: 7/20/2023
Last Updated:
Address: 2321-2329 Circadian Way, Santa Rosa, CA 95407

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