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124-126 N I St

12,000 SF 100% Leased Retail Building Lompoc, CA 93436 $2,000,000 ($167/SF) 6.24% Cap Rate

Investment Highlights

  • Located in the Old Town District.
  • Located in an Opportunity Zone.

Executive Summary

Here is a unique opportunity to purchase a building with ample parking in an Opportunity Zone in the Old Town Commercial District. Approximately half the building is occupied by Gymnastics North, a successful children's gymnastics gym. The other half is VTC Enterprises Adult Day. VTC Enterprises is willing to relocate making their space available for an owner user. If you are tired of paying someone's mortgage with rent, then this is a golden opportunity for you. Building is approximately 12,000 sq. ft. (buyer and buyer's agent to verify). Call today for details or showing of this building.
*Year built is unknown, please check with the city.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
C
Year Built
1980
Price
$2,000,000
Price Per SF
$167
Cap Rate
6.24%
NOI
$124,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Land Acres
0.56 AC
Opportunity Zone
Yes
Zoning
OTC - Old Town Commercial
Parking
38 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
173 FT on N I St
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Grocery Outlet
Coffee Time
Ymca
ALDI
Rent-A-Center
Save Mart
WW
U.S. Bank
Dutch Bros

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
085-121-014
Land Assessment
$346,551
Improvements Assessment
$958,797
Total Assessment
$1,305,348
  • Listing ID: 23796203

  • Date on Market: 7/29/2021

  • Last Updated:

  • Address: 124-126 N I St, Lompoc, CA 93436

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