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735 Southpoint Blvd Petalum...

Updated Sep 5, 2024

LEASEDOffice

CamelBak Products Renews Lease For 29K Sq Ft Office Space In Petaluma

735 Southpoint Blvd Petaluma, CA 94954, USA

$18

$18/SF

Building Size

29,395 SF

Asset Type

Office

Closing

May 4, 2023

About this deal

AI

CamelBak Products, Inc., known for its hydration and outdoor products, has renewed its lease for a 29,395-square-foot office space at South Petaluma Business Center in Petaluma, California. The office is located at 735 Southpoint Blvd, Petaluma, CA 94954, USA. The lease transaction took place on May 4, 2023.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: May 4, 2023
  • Address: 735 Southpoint Blvd, Petaluma, CA 94954, USA
  • Tenant: CamelBak Products, Inc.
  • Square Footage: 29,395

The South Petaluma Business Center provides a collaborative workspace for CamelBak Products, Inc. The office's location near Shollenberger Park offers outdoor amenities and opportunities for product testing.

Players

Scott Goldman

Cushman & Wakefield

Broker

1 deal

Broker

Los Angeles Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $18 per square foot on a published $18 for 29,395 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

881277.78%

Cash-on-Cash

-251871.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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