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501 W Central Ave
23,500 SF of Retail Space Available in Lompoc, CA 93436
Highlights
- 23,500 SFT FREE STANDING END CAP BUILDING LOCATED IN A WALMART POWER CENTER
- LEASE WITH AN OPTION TO BUY
- TROPHY PROPERTY , EXCELLENT LOCATION
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 23,500 SF | 12’ - 24’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
23,500+/-SQUARE FOOT FREE STANDING END CAP BUILDING LOCATED IN WALMART POWER CENTER. INCREDIBLE OPPORTUNITY TO LEASE A TROPHY PROPERTY WITH AN OPTION TO PURSCHASE. YOU CAN OWN THIS PROPERTY WITH AS LITTLE AS A 10% DOWN PAYMENT . TROPHY PROPERTY LOCATED IN A WALMART POWER CENTER. PROPERTY SHOWS GREAT PRIDE OF OWNERSHIP. CALL LISTING AGENTS TO GET DETAILS ON THIS EXCITING LEASE OPTION TO BUY PROGRAM
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- 2 Loading Docks
- Anchor Space
- Central Air Conditioning
- Security System
- Corner Space
- Drop Ceilings
- Shower Facilities
- Finished Ceilings: 12’ - 24’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 501 W Central Ave , Lompoc, CA 93436
Property Type | Retail | Total Land Area | 2.18 AC |
Property Subtype | Health Club | Year Built | 2000 |
Gross Leasable Area | 23,500 SF | Parking Ratio | 4.98/1,000 SF |
Property Type | Retail |
Property Subtype | Health Club |
Gross Leasable Area | 23,500 SF |
Total Land Area | 2.18 AC |
Year Built | 2000 |
Parking Ratio | 4.98/1,000 SF |
About the Property
23,500+/- SFT -FREE STANDING END CAP BUILDING LOCATED IN A WALMART POWER CENTER. LEASE WITH AN OPTION TO PURCHASE. TROPHY PROPERTY- OUTSTANDING LOCATION. PROPERTY SHOWS GREAT PRIDE OF OWNERSHIP PCD ZONING ALLOWS FOR MANY USES.
Nearby Major Retailers
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501 W Central Ave
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