for sale ±19,269sf newer light industrial building
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- Posy Parrish
- 5 years ago
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1 100% Leased Investment Significant Price Reduction! Offered at $4,235,000
2 property brief Fully leased, newer tilt-up concrete, multi-tenant, light industrial building built in Designed for 14 separate suites, each featuring high ceilings, roll up doors, private bathrooms and office space. Attractive façade provides tenants with a professional storefront entry, while interior provides essential industrial and warehouse facilities. Centrally located with easy transportation access to US 101 with Santa Barbara to the south, Santa Maria to the north, Santa Ynez Valley to the east along Highway 246 and Lompoc and Vandenberg Air Force Base to the west. All of these factors make this a very attractive building for a variety of businesses and a solid investment for any portfolio. Offered at $ 4,235,000 $219.78/SF 5.0% CAP Rate Offers shall be presented upon receipt and are subject to court approval. Final sale price and terms are subject to court approval. Call Listing Agents for NDA & detailed Offering Memorandum. Type Industrial Building Size ±19,269 SF Lot Size ±59,677 SF Floors One Ceiling Height 18 ft. Parking 2/1,000 SF + Street & Alley Parking APN Zoning M-1 Year Built 2007 The information provided here has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it
3 Santa Maria Vandenberg Air Force Base North to Santa Maria / SLO 37 Industrial Way, Buellton is centrally located within Santa Barbara County Lompoc West to Lompoc & VAFB Buellton East to Santa Ynez Valley Santa Ynez Valley South to Santa Barbara & Ventura Santa Barbara
4 location & parcel map Industrial Way Downtown Buellton P. 4
5 floor plan unit layout Terravant Ascendant Spirits Six Points Figueroa Mountain Brewing Six Points Estate Property Management Six Points Taft Electric Not to Scale
6
7 market overview buellton: gateway to santa barbara wine country Located on US Highway 101 in the Santa Ynez Valley of Santa Barbara County, Buellton is wellknown for its farm-to-table cuisine and proximity to Santa Barbara Wine Country. In fact the Buellton area was the real-life set of the Oscar winning film Sideways, which featured many scenes from the popular wine region of the Santa Ynez Valley and the nearby Hitching Post Restaurant. Buellton has an estimated population of 4,552. Within a six mile radius are four picturesque villages: the Danish City of Solvang; the western town of Santa Ynez; and the quaint rural communities of Ballard and Los Olivos. Larger cities in the area include Santa Barbara, 40 miles to the southeast via US 101; Santa Maria, 35 miles to the north on US 101; Lompoc, Vandenberg Air Force Base and Vandenberg Village, 17 miles to the west along State Highway 246. Los Angeles is two hours south of Buellton on US 101, and San Francisco is about a five hour drive north on US 101 or scenic Highway 1. The region s central location in close proximity to Los Angeles and San Francisco are huge drivers in capturing domestic and international travelers.
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