
Description
Property includes +/- 34,360 sq. ft. of Industrial space with a high percentage of office buildout. Central location in Santa Maria off S. Blosser Road. Zoning: PD / M-1. Ample on-site parking. Purchase price: $ 5,750,000 ($167 per sq. ft.). Santa Barbara County Superintendent of Schools is the primary occupant with a long tenancy. Building is FULLY leased for over the last 5 years (85% for the past 25 years) with projected Cap Rate 5.5%.
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0BEDS
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1.83ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Property includes +/- 34,360 sq. ft. of Industrial space with a high percentage of office buildout. Central location in Santa Maria off S. Blosser Road. Zoning: PD / M-1. Ample on-site parking. Purchase price: $ 5,750,000 ($167 per sq. ft.). Santa Barbara County Superintendent of Schools is the primary occupant with a long tenancy. Building is FULLY leased for over the last 5 years (85% for the past 25 years) with projected Cap Rate 5.5%.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-16T14:31:41.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.