Grocery Store with NNN
For Sale
Contact for pricing
1500 North H Street, Lompoc, CA 93436
Established supermarket location with a long-term absolute NNN lease and annual rent increases.
Property SizeContact for details
Days on Market145
Property Features for 1500 North H Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Gleb Lvovich · License #CA 01385740
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:34PM
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 JLL - Irvine (Orange County), California
Investment Insights
Based on property information with market context.
This grocery store property contains a 47,512 square-foot Albertsons supermarket at 1500 North H Street in Lompoc, California. Albertsons has operated at the location for 24 years, providing an established use within the property’s existing retail setting.
Albertson's LLC has entered into a lease extending through February 2035, with 2% annual rent escalations. The absolute NNN structure places landlord responsibilities with the tenant. The property is positioned near State Route 1 and the intersection of West Central Avenue and North H Street, where the surrounding commercial mix includes a Holiday Inn Express, Ross Dress for Less, Starbucks, Big 5 Sporting Goods, CVS/Pharmacy, UPS, Chase Bank, GNC, 7-Eleven, and Verizon.
Albertson's LLC has entered into a lease extending through February 2035, with 2% annual rent escalations. The absolute NNN structure places landlord responsibilities with the tenant. The property is positioned near State Route 1 and the intersection of West Central Avenue and North H Street, where the surrounding commercial mix includes a Holiday Inn Express, Ross Dress for Less, Starbucks, Big 5 Sporting Goods, CVS/Pharmacy, UPS, Chase Bank, GNC, 7-Eleven, and Verizon.
Key Highlights
- 47,512 square‑foot Albertsons supermarket
- Lease runs through February 2035
- 2% annual rent escalations
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93436, CA
56,730
Population
18,928
Households
3
Avg Household Size
37
Median Age
17%
College-Educated
76%
High-School Grad
228.0 sq mi
ZIP Area
249
Density / Sq Mi
$76,241
Median Household Income
$36,340
Median Earnings
$1,578
Median Rent
$460,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Albertsons — 1500 N H St, Lompoc, CA 93436
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established supermarket location with a long-term absolute NNN lease and annual rent increases.
Where is this grocery and convenience store located?
The property is located at 1500 North H Street Lompoc, CA.
What are key features of this property?
This property features: 47,512 square‑foot Albertsons supermarket; Lease runs through February 2035; 2% annual rent escalations
