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- LoopNet Team
1124 W Ocean Ave
Lompoc, CA 93436
Retail Property For Sale
PROPERTY FACTS
ABOUT 1124 W OCEAN AVE , LOMPOC, CA 93436
Holyoke Alexander is please to present the following investment opportunity. The subject property is a 25,000 square foot, NN Dollar General Market in Lompoc, CA. The current lease calls for the landlord to be responsible for the roof, structure, insurance, parking lot, landscaping and the water associated with the landscaping. The annual cost for these services is $15,295. Dollar general is a fortune 500 company with a BBB rating from S&P. The property was originally built in 1980 and extensively remodeled immediately before the commencement of the current lease. The location, strength of tenant, term of lease and capitalization rate make this an attractive investment with future upside.
PROPERTY TAXES
| Parcel Number | 091-110-067 | Improvements Assessment | $3,932,844 |
| Land Assessment | $1,040,400 | Total Assessment | $4,973,244 |
PROPERTY TAXES
