About This Restaurant
Investment Highlights
Outparcel to Walmart anchored center Synergistic tenants/internet resistant Hard signalized corner of Central & O St
Executive Summary
Property AND Business for sale. $2.5M for property, and $2.5M for top performing dispensary business. Please refer to full brochure and contact broker for more information. www.lompocretail.com Located in Lompoc in Northern Santa Barbara County. The property is an outparcel to the shopping center anchored by Walmart and FoodsCo. The site is on the immediate corner of Central Ave and O St, and it includes Subway, Pizza Garden, and a top performing Dispensary, Royal Healing Emporium (Business for sale).
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 6,696
- Building Class B
- Year Built 1998
- Price 2,500,000
- Price Per SF 373
- Cap Rate 7.38
- NOI 184,500
- Percent Leased 74
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.17
- Land Acres 0.91 AC
Amenities
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Nearby Amenities & Transportation
| Retail | Bank of the Sierra | ||
| Retail | Applebee's | ||
| Retail | Foods Co. | ||
| Retail | Panda Express | ||
| Retail | Starbucks | ||
| Retail | Bank Of America | ||
| Retail | Wingstop | ||
| Retail | The Habit Burger Grill | ||
| Retail | Albertsons | ||
| Retail | Chase Bank |
Property Taxes
| Parcel Number | 093-450-037 | Improvements Assessment | $630,706 |
| Land Assessment | $1,705,536 | Total Assessment | $2,336,242 |
| Date Created: | 2024-07-16 04:09:22 | Last Updated: | 2024-07-16 04:09:22 |
| Address: | 721 W Central Ave , Lompoc, California, 93436 | ||