1105 S Blosser Rd
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1105 S Blosser Rd
15,400 SF Industrial Building Santa Maria, CA 93458 $4,800,000 ($311.69/SF) 5.49% Cap Rate
EXECUTIVE SUMMARY
This industrial building with large yard space is NNN leased to United Rentals, the world’s largest equipment rental company. Centrally located near the intersection of Blosser & Stowell in Santa Maria—with excellent proximity to US 101 freeway and bustling commercial corridors—the property is on a hard corner with multiple access points. Very rare to find a high-quality industrial asset with almost 1.5 acres of yard space!
PRICE: $4,800,000 ($311 psf)
BUILDING SIZE: 15,400 SF (approximately)
PARCEL SIZE: 2.16 acres / 93,889 SF (two parcels)
APN: 117-630-002 / 117-630-003
OCCUPANCY: 100% leased to United Rentals Realty, LLC
NOI: $263,286 (as of 4/1/24)
CAP RATE: 5.5%
LEASE TYPE: Single-tenant NNN lease
ZONING: PD / CM
SHOWINGS: Call listing agent, do not disturb tenant
YEAR BUILT: 1981
CONSTRUCTION: Metal frame
RESTROOMS: Two sets
ELEVATOR: No
HVAC: Yes, in office area
POWER: TBD
CEILINGS: Approximately 10’ in office, 20’ in warehouse
YARD AREA: 60,000 SF approximately
LOADING: Three (3) roll-up doors
SPRINKLERS: Yes
PRICE: $4,800,000 ($311 psf)
BUILDING SIZE: 15,400 SF (approximately)
PARCEL SIZE: 2.16 acres / 93,889 SF (two parcels)
APN: 117-630-002 / 117-630-003
OCCUPANCY: 100% leased to United Rentals Realty, LLC
NOI: $263,286 (as of 4/1/24)
CAP RATE: 5.5%
LEASE TYPE: Single-tenant NNN lease
ZONING: PD / CM
SHOWINGS: Call listing agent, do not disturb tenant
YEAR BUILT: 1981
CONSTRUCTION: Metal frame
RESTROOMS: Two sets
ELEVATOR: No
HVAC: Yes, in office area
POWER: TBD
CEILINGS: Approximately 10’ in office, 20’ in warehouse
YARD AREA: 60,000 SF approximately
LOADING: Three (3) roll-up doors
SPRINKLERS: Yes
PROPERTY FACTS
| Price | $4,800,000 | Lot Size | 3.25 AC |
| Price Per SF | $311.69 | Rentable Building Area | 15,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.49% | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B |
| Price | $4,800,000 |
| Price Per SF | $311.69 |
| Sale Type | Investment |
| Cap Rate | 5.49% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 3.25 AC |
| Rentable Building Area | 15,400 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,342,252 | |
| Land Assessment | $1,274,519 | Total Assessment | $2,616,771 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,274,519
Improvements Assessment
$1,342,252
Total Assessment
$2,616,771
ZONING
| Zoning Code | PDCM |
| PDCM |
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1105 S Blosser Rd
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