Storefront Retail Landmark with
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436 Alisal Rd, Solvang, CA 93463
Iconic storefront retail landmark anchoring a Danish village theme at a hard-corner on Alisal Road in Solvang.
Property Size7,711 SF
Price / SF$389.05
Days on Market7
Property Features for 436 Alisal Rd
General Information
Standard status
Active
Size
7,711 SF
Property subtype
Retail
Additional Details
Asking Price
$3,000,000
Corner Location
Yes
Listing Agency:
CBRE - South Bay
(310) 892-5644
Listed By:
Patrick Wade · License #CA 01454690
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Aug 2 at 3:43PM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
This iconic storefront retail landmark anchors a Danish village theme, built around a windmill and a Rundetarn tower replica. The property encompasses approximately 7,711 square feet and is presented as a trophy village retail entry point.
Situated at the hard-corner of Alisal Road in Solvang, the site is positioned to capture visitor foot traffic moving through the city’s principal corridor. Solvang is described as a major tourism destination in California’s Santa Ynez Valley, drawing roughly one million visitors per year.
With its distinctive Danish-themed character and prominent hard-corner storefront presence, the property is well-suited for retail users seeking visibility in a walkable, tourism-driven downtown environment.
Situated at the hard-corner of Alisal Road in Solvang, the site is positioned to capture visitor foot traffic moving through the city’s principal corridor. Solvang is described as a major tourism destination in California’s Santa Ynez Valley, drawing roughly one million visitors per year.
With its distinctive Danish-themed character and prominent hard-corner storefront presence, the property is well-suited for retail users seeking visibility in a walkable, tourism-driven downtown environment.
Key Highlights
- Approximately 7,711 square feet storefront retail
- Hard‑corner location on Alisal Road
- Windmill feature and Rundetarn tower replica
Financial Insights For 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 | $185.1k | $24.00 |
| − Vacancy | −$13.9k | −$1.80 |
| EGI | $171.2k | $22.20 |
| − OpEx | −$51.4k | −$6.66 |
| NOI | $119.8k | $15.54 |
7,711 SF · lease $24.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.71M
$1.50M – $2.00M
NOI $119,829 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.42M
$2.12M – $2.82M
NOI $169,412 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 43%
Hotels & Casinos 32%
Shops & Services 20%
Dining 6%
Valley Hardware and Garden Center
Home Improvements & Furnishings
12,078 visits/mo
0.2 miles
Svendsgaard's Danish Lodge Americas Best Value Inn
Hotels & Casinos
8,976 visits/mo
0.1 miles
U.S. Bank
Shops & Services
2,855 visits/mo
0.5 miles
The UPS Store
Shops & Services
2,711 visits/mo
0.5 miles
Domino's Pizza
Dining
1,735 visits/mo
0.2 miles
Demographics for 93463, CA
8,731
Population
3,672
Households
2.4
Avg Household Size
52
Median Age
44%
College-Educated
94%
High-School Grad
33.9 sq mi
ZIP Area
258
Density / Sq Mi
$130,123
Median Household Income
$53,188
Median Earnings
$1,895
Median Rent
$1,044,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Iconic storefront retail landmark anchoring a Danish village theme at a hard-corner on Alisal Road in Solvang.
Where is this storefront property located?
The property is located at 436 Alisal Rd Solvang, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Approximately 7,711 square feet storefront retail; Hard‑corner location on Alisal Road; Windmill feature and Rundetarn tower replica