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.