Office For Sale • 8,393 SF
| Rare Multi-Tenant M1 Zoned Industrial Building with Yard |
| Rayne Water leases 72.7% of the building on a NNN basis |
| Buyer may occupy second floor offices or add value through leasing |
| Close proximity to 101 Freeway, 126 Hwy and many restaurants and amenites |
| Corner location with drive-through yard |
| Building has significant Tenant Improvements for water softening & purification |
| Cap Rate: | 6.15 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Rayne Water | 6,130 SF | 5/31/2025 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 3.0 mi | |
| 10 min | - | 5.1 mi | |
| Airport | Drive | Walk | Distance |
| Santa Barbara Municipal | 65 min | - | 43.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 10 |
| Type: | Surface |
| Included in Rent: | Yes |