Building Details

Buildings 1

Tenancy Single

Listing Agency: Berkshire Hathaway Commercial Division m***@gmail.com Show Phone

Listed By: Mitch Stark · License #CA 01196532

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 10:43PM

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Investment Insights

Based on property information with market context.

This freestanding commercial building is occupied by Coastal Dispensary under an absolute NNN lease. The tenant has completed approximately $600,000 in improvements within the property, supporting a customized buildout for its operations.

Located in Lompoc, California, the property is leased to a regional operator with 8 units. The offering reflects an 8.2 cap rate and provides a single-tenant configuration in a coastal California market.

Key Highlights

• Absolute NNN lease structure
• Freestanding commercial building
• Occupied by Coastal Dispensary

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Carpet & Flooring Store HVAC Service Locksmith Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,162

Businesses Nearby

Explore this area Business Placement

Demographics for 93434, CA

8,120

Population

2,296

Households

3.5

Avg Household Size

30

Median Age

12%

College-Educated

57%

High-School Grad

22.8 sq mi

ZIP Area

356

Density / Sq Mi

$71,351

Median Household Income

$34,727

Median Earnings

$1,674

Median Rent

$454,200

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Freestanding building leased to one occupant under an absolute NNN structure.

Where is this nnn property located?

The property is located at 124 South J St Lompoc, CA.

What are key features of this property?

This property features: Absolute NNN lease structure; Freestanding commercial building; Occupied by Coastal Dispensary