NNN-Leased Flex
1050 Cindy Lane Carpinteria, CA 93013
For Sale
Contact for pricing
Flex facility is NNN-leased and 100% occupied, with four roll-up doors for loading and distribution.
Property Size44,992 SF
Price / SF$266.71
Days on Market24
Property Features for 1050 Cindy Lane
General Information
Standard status
Active
Size
44,992 SF
Property subtype
Industrial
Building Details
Year Built
1980
Listing Agency:
Hayes Commercial Group
(805) 898-4383
Listed By:
Francois DeJohn · License #CA01144570
Source:
Crexi
Added: Jul 6
Changed: Jul 23
Last Checked: Jul 26 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hayes Commercial Group
Investment Insights
Based on property information with market context.
This NNN-leased flex facility is 100% occupied by NuSil Technology and is offered for sale. The building provides a versatile mix of R&D, office, and lab space designed to support advanced manufacturing and technology-driven operations.
Located at the top of the Carpinteria Business Park at 1050 Cindy Lane in Carpinteria, the property offers ocean and mountain views. The site also provides proximity to Highway 101 and convenient access to the Santa Barbara and Ventura labor markets, with coastal amenities nearby.
Operationally, the facility is set up for efficient logistics, including four roll-up doors that provide convenient loading and distribution capabilities.
Located at the top of the Carpinteria Business Park at 1050 Cindy Lane in Carpinteria, the property offers ocean and mountain views. The site also provides proximity to Highway 101 and convenient access to the Santa Barbara and Ventura labor markets, with coastal amenities nearby.
Operationally, the facility is set up for efficient logistics, including four roll-up doors that provide convenient loading and distribution capabilities.
Key Highlights
- NNN‑leased flex facility built in 1980
- 100% occupied by NuSil Technology
- Space includes a mix of R&D, office, and lab space
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $917.8k | $20.40 |
| − Vacancy | −$30.3k | −$0.67 |
| EGI | $887.5k | $19.73 |
| − OpEx | −$310.6k | −$6.90 |
| NOI | $576.9k | $12.82 |
44,992 SF · lease $20.40/SF/yr · vacancy 3.30% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$8.24M
$7.21M – $9.62M
NOI $576,906 @ 7.0% cap · market cap 4.81%
Second Best
Industrial
$3.94M
$3.44M – $4.59M
NOI $275,530 @ 7.0% cap · market cap 2.30%
Theoretical Best
Multifamily LT 5
$14.12M
$12.36M – $16.47M
NOI $988,479 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex facility is NNN-leased and 100% occupied, with four roll-up doors for loading and distribution.
Where is this flex space located?
The property is located at 1050 Cindy Lane Carpinteria, CA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: NNN‑leased flex facility built in 1980; 100% occupied by NuSil Technology; Space includes a mix of R&D, office, and lab space
