Freestanding Restaurant
1129 N H St Lompoc, CA 93436
For Sale
Contact for pricing
Freestanding restaurant space available for sale in Lompoc, CA.
Property Size6,350 SF
Price / SF$354.33
Days on Market2050
Property Features for 1129 N H St
General Information
Standard status
Active
Size
6,350 SF
Property subtype
RETAIL
Listing Agency:
Berkshire Hathaway HomeServices - Santa Barbara
(805) 689-2429
Listed By:
Mitchell Stark · License #01196532
(805) 689-2429
Source:
Moodyscre
Added: Dec 17, 2020
Changed: Jul 28
Last Checked: Jul 28 at 5:16PM
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 Berkshire Hathaway HomeServices - Santa Barbara
Investment Insights
Based on property information with market context.
This offering is a freestanding restaurant space for sale. The property is positioned as a standalone food service use, providing an established commercial building format for an operator or investor.
The address is 1129 N H St, Lompoc, CA 93436. Additional information about layout, condition, seating, drive access, or specific improvements was not provided.
With a listed size of 6,350 square feet, the property presents a dedicated footprint for restaurant operations within a conventional commercial setting.
The address is 1129 N H St, Lompoc, CA 93436. Additional information about layout, condition, seating, drive access, or specific improvements was not provided.
With a listed size of 6,350 square feet, the property presents a dedicated footprint for restaurant operations within a conventional commercial setting.
Key Highlights
- Freestanding restaurant space available for sale in Lompoc, CA.
Financial Insights For Specialty Retail
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 | $137.2k | $21.60 |
| − Vacancy | −$4.5k | −$0.71 |
| EGI | $132.6k | $20.89 |
| − OpEx | −$33.2k | −$5.22 |
| NOI | $99.5k | $15.67 |
6,350 SF · lease $21.60/SF/yr · vacancy 3.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.42M
$1.24M – $1.66M
NOI $99,475 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.99M
$1.74M – $2.33M
NOI $139,510 @ 7.0% cap · market cap 6.20%
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?
Conventional restaurant - Freestanding restaurant space available for sale in Lompoc, CA.
Where is this conventional restaurant located?
The property is located at 1129 N H St Lompoc, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Freestanding restaurant space available for sale in Lompoc, CA.
