Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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.

PROPERTY FACTS

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
  • 1st Floor
  • 7,700 SF
  • Industrial
  • Full Build-Out
  • 30 Days
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

1st Floor

Size 7,700 SF
Space Use Industrial
Condition Full Build-Out
Available 30 Days

Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
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

PROPERTY TAXES

Parcel Number
087-251-011
Land Assessment
$243,546
Improvements Assessment
$996,984
Total Assessment
$1,240,530
  • Listing ID: 35367064

  • Date on Market: 4/3/2025

  • Last Updated:

  • Address: 301 E Laurel Ave, Lompoc, CA 93436

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}