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301 E Laurel Ave 7,700 SF 100% Leased Industrial Building Lompoc, CA 93436 $2,999,999 ($389.61/SF) 7.23% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand new construction—fully remodeled by the tenant
- 2.5 years remaining on the current lease
- Excellent tenant with strong performance and lease terms
- Offering a hands-off ownership experience
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price | $2,999,999 | Lot Size | 0.32 AC |
| Price Per SF | $389.61 | Rentable Building Area | 7,700 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.23% | Year Built | 1980 |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | ||
| Zoning | Industrial - Cannabis district | ||
| Price | $2,999,999 |
| Price Per SF | $389.61 |
| Sale Type | Investment NNN |
| Cap Rate | 7.23% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.32 AC |
| Rentable Building Area | 7,700 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Industrial - Cannabis district |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,700 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 7,700 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 7,700 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (84)
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Los Angeles
3,990,456
149
3 h 1 m
San Jose
1,030,119
241
4 h 41 m
San Diego
1,425,976
263
5 h 18 m
San Francisco
883,305
290
5 h 38 m
Las Vegas
644,644
400
7 h 58 m
Phoenix
1,660,272
527
9 h 49 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
60,303
Total Labor Force
26,608
Unemployment Rate
4.86%
Median Household Income
$69,917
Warehouse Employees
3,241
High School Education Or Higher
80.30%
PROPERTY TAXES
| Parcel Number | 087-251-011 | Improvements Assessment | $996,984 |
| Land Assessment | $243,546 | Total Assessment | $1,240,530 |
PROPERTY TAXES
Parcel Number
087-251-011
Land Assessment
$243,546
Improvements Assessment
$996,984
Total Assessment
$1,240,530
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Peerless Investment Group LLC
301 E Laurel Ave
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