1105 Blosser Rd Santa Maria, CA 93458
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NNN Leased, High-Cap Rate Investment
Property size:
15,400 SFProperty Features for 1105 Blosser Rd
General Information
- Property type
- Distribution properties
- Square Feet
- 15,400 SF
- Lot Size
- 94,090 SF
Building Details
- Year Built
- 1981
- Buildings
- 1
Listing Agency: Hayes Commercial Group Listing Agent: Francois Dejohn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional investment opportunity: a 15,400-square-foot industrial warehouse in Santa Maria, CA, boasting a 5.5% cap rate and a substantial $263,286 net operating income (NOI) as of April 1, 2024. This single-tenant, NNN-leased property is fully occupied by United Rentals, the world's largest equipment rental company, ensuring stable, long-term cash flow. Situated on a 2.16-acre lot (approximately 93,889 square feet) with nearly 60,000 square feet of yard space, this asset offers significant flexibility and potential for future expansion. The building features three loading docks, a 20-foot warehouse ceiling height (10-foot ceilings in the office), and two restrooms. Built in 1981, the metal-frame structure includes HVAC in the office area and a sprinkler system. Its prime location at 1105 S Blosser Rd, near the intersection of Blosser and Stowell Roads, provides excellent access to US 101 and major commercial corridors. The property's APN is 1117-630-002 & 117-630-003. Asking price is $4,800,000 ($311 per square foot). The zoning is PD/CM. Power details are to be determined.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
United Rentals Agricultural ...
(Bike/Boat/Book/etc) Store
United Rentals
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Santa Maria
- County
- Santa Barbara
- State
- California
- Longitude
- -120.4542791
- Latitude
- 34.9410357
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FAQs
What type of property is this?
Distribution property - NNN Leased, High-Cap Rate Investment
Where is this distribution property located?
The property is located at 1105 Blosser Rd Santa Maria, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: $4,800,000 asking price ($311 per square foot).; 15,400-square-foot industrial warehouse.; 2.16-acre lot (approx. 93,889 square feet) with 60,000 square feet of yard space.
