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- LoopNet Team
1501 E Laurel Ave
Lompoc, CA 93436
Qualifies for Cannabis Business & Dispensary · Property For Lease
HIGHLIGHTS
- Qualifies or all Cannabis Business Uses
- Ample Parking
- 16’ Clear Ceiling Height
- Electric Capacity of 1,000 Amps 3 Phase
- One Drive-In Loading
PROPERTY OVERVIEW
4,000 sq. ft half of 8,000 sq. ft industrial warehouse on a 31,363 sq. ft lot zoned for all cannabis business uses (manufacturing, cultivation, distribution, testing, retail with CUP). The warehouse of the facility has a 16’ clear ceiling height, two 16' roll up loading doors and an electrical capacity of 1,000 amps with three phase power. There is a front office space (approx. 400 sq. ft) attached to the warehouse which is included in the square footage (potentially for dispensary). The City of Lompoc has issued three progressive ordinances with very attractive tax rates for all commercial cannabis activities: cultivation 1%, testing 0%, distribution and manufacturing are 15k for $2 million or 30k for over 2 million flat tax. (Tenant verifies all with the City of Lompoc). Lease rate is $2.5/sq. ft/month+NNN or $30/sq. ft/year+NNN. Selling price is $2.0M.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1979 |
| Property Subtype | Warehouse | Cross Streets | N Seventh St |
| Rentable Building Area | 4,000 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Rentable Building Area | 4,000 SF |
| Year Built | 1979 |
| Cross Streets | N Seventh St |
