1755 E Lemonwood Dr - Distribution FOR SALE


Santa Paula, CA 93060
$9,700,000 USD
805-626-6550
1755 E Lemonwood Dr, Santa Paula, CA for Sale
$9,700,000 USD
Distribution - FOR SALE
1/12
null | 6% Cap Rate

1755 E Lemonwood Dr
Santa Paula, CA 93060


HIGHLIGHTS

  • 40,081-SF Class A industrial building in Santa Paula offered at $9,700,000 ($242.01/SF) with a 6.00% cap rate sale-leaseback
  • Single-tenant NNN investment occupied by BendPak, which built the facility in 2019 as a core West Coast distribution hub
  • Built-to-suit design features 24-FT clear ceilings, 4 dock-high doors, and 2 grade-level doors on a 3.56-AC site
  • Zoned MIPO (Mixed Industrial and Professional Office), supporting manufacturing, distribution, and office-flex uses
  • Positioned near CA State Route 126 within a supply-constrained Ventura County industrial submarket
  • Passive, income-producing opportunity backed by BendPak's demonstrated long-term commitment to the site

OVERVIEW

1755 E Lemonwood Dr is a 40,081-SF Class A industrial building in Santa Paula, California, offered at $9,700,000 ($242.01/SF) as a 6.00% cap rate sale-leaseback investment. Built in 2019, the single-tenant NNN asset serves as a mission-critical logistics facility for BendPak, functioning as a core hub within the company's Western U.S. distribution network — a role that reflects BendPak's long-term commitment to the site. The building sits on a 3.56-AC lot and features 24-FT clear ceilings, four dock-high loading doors, and two grade-level drive-in doors, supporting manufacturing, distribution, and service-oriented industrial operations. The property is zoned MIPO (Mixed Industrial and Professional Office) and includes a fenced lot, signage, reception area, and dedicated storage space. Santa Paula sits within Ventura County's supply-constrained industrial market, with proximity to California State Route 126 supporting regional distribution and logistics access.

FOR SALE DETAILS

PRICE

$9,700,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6.00% CAP Sale-Leaseback Opportunity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

47

LAND DETAILS

LAND ACRES

3.56

LAND SF

155,074

ZONING

MIPO

APN/PARCEL ID

107-0-210-715

ASK ABOUT THIS PROPERTY

Jeffrey CrockerKidder MathewsMore Info
805-626-6550

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Jeffrey CrockerKidder MathewsMore Info
805-626-6550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.