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212 E Highway 246
Buellton, CA 93427
Albertsons - Buellton, CA · Retail Property For Sale
Investment Highlights
- Secure and stable income with a new 20-year lease to Albertsons with favorable rent increases
- Anchor for Buellton Shopping center, a dominant, credit oriented shopping center
- Strategically located at the on and off-ramp of the heavily trafficked US Hwy 101 with over 15,876 vehicles passing the site daily
- Located right next to the famous tourism-oriented city of Solvang and less than 35 miles from Santa Barbara
- Extremely strong performing Albertsons store
- Affluent demographic with an average income of ±$119,770 within a five-mile radius
Property Facts
Property Type
Retail
Property Subtype
Supermarket
Building Size
41,397 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
4.21 AC
Zoning
CGl - General Commercial
Parking
220 Spaces (5.31 Spaces per 1,000 SF Leased)
About 212 E HIGHWAY 246 , BUELLTON, CA 93427
Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire the grocery anchored portion of Buellton Shopping Center, an Albertsons and CVS anchored neighborhood shopping center located in Santa Barbara County, California. The Buellton Albertsons is an exceptional opportunity to secure 19.5 years of stable cash flow from a strong performing 41,344 square foot Albertsons store that has been operating out of this location for over 30 years.
Property Taxes
| Parcel Number | 137-200-088 | Improvements Assessment | $12,657,491 |
| Land Assessment | $4,921,407 | Total Assessment | $17,578,898 |
Property Taxes
Parcel Number
137-200-088
Land Assessment
$4,921,407
Improvements Assessment
$12,657,491
Total Assessment
$17,578,898
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