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721 W Central Ave
Lompoc, CA 93436

$2,500,000 USD

Freestanding For Sale  •  6,696 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,696 SF
  • Lot Size 0.91 AC
  • Building Class B
  • Year Built 1998
  • Tenancy Multiple
  • Zoning C
0 Transit Score
69 Walk Score

Highlights

82% occupancy provides a strong cash flow investment with value-add upside for lease-up of vacant unit.
Tenants feature NNN lease allowing the investor to realize its gross income with minimal landlord responsibilities
Strong in-place Cannabis Dispensary with popular demand and large consumer base.
Last 3 years grossing over $3.2M per year in gross income.
Ability to take over vacancy and expand the business to add more product/show room for more customers and sales.
Rare in-place licenses and approvals specifically for subject site.

Property Flyers

Amenities

  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Patrick Ylagan 310-906-3279 Kidder Mathews
Patrick Ylagan 310-906-3279 Kidder Mathews