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    205 Highway 246 Buellton, CA 93427

    For Lease
    $39 SF/Yr ($12,675 /Mo)

    Prime Retail Location, 1900 sq ft Available

    Lot size:
    3,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 3,900 square foot freestanding restaurant space, built in 2015, offers 1,900 square feet of immediately available space for lease. Located within the Crossroads at Buellton Village, a 100,000 square foot shopping center, this property enjoys a high-traffic location directly off Highway 246 at the Lompoc & Solvang exit of Highway 101. The property benefits from excellent visibility and frontage on Highway 246, placing it within a thriving retail hub in the Santa Ynez Valley. This single-tenant space is ideal for food-related businesses and boasts strong co-tenancy with established brands including Tractor Supply Co, Starbucks Coffee, Panda Express, The Habit Burger Grill, and T-Mobile. The convenient location provides easy access to Solvang, Chumash Casino Resort, and Cachuma Lake, ensuring a large potential customer base. The property's previous use as a restaurant makes it ready for immediate occupancy by a similar business. This is a rare opportunity to secure a prime retail space in a high-growth area.

    Property Features for 205 Highway 246

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,900 SF
    Total Rate
    12675

    Building Details

    Year Built
    2015

    Unit(s) available at that property

    Space
    Size
    1,900 SF
    Rate per SF
    $39

    HighLights

    • 3,900 SF freestanding restaurant space available for lease.
    • 1,900 SF immediately available.
    • Located in Crossroads at Buellton Village, a 100,000 SF shopping center.
    • High‑traffic location off Highway 246 & Highway 101.
    • Excellent visibility and frontage on Highway 246.
    • Strong co‑tenancy with Tractor Supply Co, Starbucks, Panda Express, The Habit Burger Grill, and T‑Mobile.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AA Kitchen & Bath ... Construction Company The Habit Burger Grill Hamburger Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buellton
    County
    Santa Barbara
    State
    California
    Longitude
    -120.1887955
    Latitude
    34.6112382

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Location, 1900 sq ft Available
    Where is this restaurant located?
    The property is located at 205 Highway 246 Buellton, CA.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: 3,900 SF freestanding restaurant space available for lease.; 1,900 SF immediately available.; Located in Crossroads at Buellton Village, a 100,000 SF shopping center.
    Request Owner's contact information
    205 Highway 246 Buellton, CA 93427
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    Buellton, CA 93427
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Highway 246 Buellton, CA 93427
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