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1551 E Laurel Ave
Lompoc, CA 93436
Property For Lease

PROPERTY OVERVIEW

****UPDATE 5/7/19 TWO REMARKABLE OFF MARKET OPPORTUNITIES — LAND LOCATED IN THE ZONE. FLAT AND READY TO BUILD. EXPERIENCED DEVELOPER LOOKING FOR INVESTOR /PARTNER TO BUILD 50,000 TO 150,000 sq ft PLUS. VERY EXPERIENCED IN THE AREA AND VERY HANDSOME RETURNS.ONE YEAR BUILD TIME. CAP RATE OF 25%. LAND ACQUISITION AT HALF MARKET PRICE. PLEASE CALL TO DISCUSS FURTHER. THIS OPPORTUNITY WILL NOT LAST. 8,000 sq. Ft. Stand alone warehouse in the cannabis zone. Industrial zoning for cannabis uses include manufacturing,cultivation,distribution,testing. Retail also possible (with c.u.p) great for micro business. Building features two 16’ roll-up doors, and 2 approx 400 sq.ft.(x2) Offices attached to the front (included in sq. Ft.). 3 phase, 100 amp capacity. The city of Lompoc is located on the central coast( wine country) and enjoys VERY close proximity to some of the states largest licensed cultivation facilities. Lompoc also has very attractive tax rates ; cultivation 1%. , Testing 0%. ,Distribution and Manufacturing are 15k for $2 million or 30k for over 2 million flat tax. ( Tenant verifies all with city). Building may also be split into 2 4,000sq.ft. Spaces. to allow tenant to acquire multiple licenses, or to accommodate tenant who only needs 4,000 sq. Ft. Owner willing to provide tenant improvement allowance based on final agreed upon lease. Available immediately. ** THIS PROPERTY SHOWS AS NON COMPLIANT ON THE COUNTY MAP, THE SENSITIVE USE HAS VACATED THE AREA AND THIS PROPERTY IS FULLY COMPIANT- please contact for further info. Tenants should be well qualified, and have experience in the cannabis industry.

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Rentable Building Area 8,000 SF
Year Built 1979
Cross Streets N Eighth St

FEATURES AND AMENITIES

  • Signage
  • Storage Space
  • Listing ID: 15431812

  • Date on Market: 3/13/2019

  • Last Updated:

  • Address: 1551 E Laurel Ave, Lompoc, CA 93436

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