301 E Laurel Ave - Warehouse FOR SALE


Lompoc, CA 93436- Greater Lompoc
$2,550,000 USD
805-819-2071
301 E Laurel Ave, Lompoc, CA for Sale
$2,550,000 USD
Warehouse - FOR SALE
1/14
null | 8.51% Cap Rate

301 E Laurel Ave
Lompoc, CA 93436
Greater Lompoc


HIGHLIGHTS

  • Brand new construction—fully remodeled by the tenant
  • Excellent tenant with strong performance and lease terms
  • 2.5 years remaining on the current lease
  • Offering a hands-off ownership experience

OVERVIEW

PRIME NNN INVESTMENT Tenant pays all property tax and insurance 2.5 years left on lease with another (2) more 5 year options BUILDING IS BRAND NEW. Tenant did a full remodel. Down to sand blasting the I beams then paint. New electrical, three phase big power , fire sprinklers installed. 2 new ADA bathrooms. Fully fenced , anti microbial walls , fully insulated, HVAC, 2 roll up doors. Separate office add on. New roof. A true gem. Great tenant. Great terms. Annual 3% rise etc.. Fantastic opportunity for a 1031 TRUE NNN INVESTMENT. ***DO NOT DISTURB TENANTS *** ********** COULD BE DELIVERED VACANT- ALSO COULD BE AVAILABLE FOR NEW TENANT. Please call to discuss.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

8.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32

LAND SF

13,939

ZONING

Industrial

APN/PARCEL ID

087-251-011

ASK ABOUT THIS PROPERTY

Jason SmithPeerless Investment Group LLCMore Info
805-819-2071

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Jason SmithPeerless Investment Group LLCMore Info
805-819-2071

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