High-Bay Flex/Industrial Building

6384 Via Real, Carpinteria, CA 93013

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For Sale

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Remodeled flex/industrial building with freeway access and scenic views.

Type:Office

Property size:

24,030 SF

Price / SF:

$249/SF

HighLights

Extensive recent remodel (approximately $1.5 million) including new exterior paint, landscaping, roll‑up doors, hardscape, new parking, new HVAC units, and skylights.
Easy freeway access and scenic views overlooking the Carpinteria bluffs.
High‑bay flex/industrial building suitable for owner‑user or investor.
Heavy power and both grade‑level and truck well loading doors.
High ceilings.
Potential to construct creative office, life science, R&D or industrial space.

We can help!

Contact an agent

Dylan Ward

Learn more

For Sale

Contact for pricing

Remodeled flex/industrial building with freeway access and scenic views.

Type:Office

Property size:

24,030 SF

Price / SF:

$249/SF

Added:: Sep 8, 2022
Days on Market:: 1400
Last Refresh:: Jul 5 at 2:42 pm

Property Features for 6384 Via Real

General Information

Standard status: Active
Size: 24,030 SF
Property subtype: Office

We can help!

Contact an agent

Dylan Ward

Listing office Hayes Commercial Group

Listing date Sep 8, 2022

Source Crexi

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 Hayes Commercial Group

HighLights

Extensive recent remodel (approximately $1.5 million) including new exterior paint, landscaping, roll‑up doors, hardscape, new parking, new HVAC units, and skylights.
Easy freeway access and scenic views overlooking the Carpinteria bluffs.
High‑bay flex/industrial building suitable for owner‑user or investor.
Heavy power and both grade‑level and truck well loading doors.
High ceilings.
Potential to construct creative office, life science, R&D or industrial space.

Overview

This high-bay flex/industrial building offers a rare opportunity for either an owner-user or investor. The property features easy freeway access and scenic views overlooking the Carpinteria bluffs. The landlord recently completed an extensive remodel of the exterior and shell of the property, with approximately $1.5 million invested. Renovations include new exterior paint, landscaping, roll-up doors, hardscape, new parking, new HVAC units, and skylights. The property, totaling 24,030 square feet, features dedicated parking, heavy power, one grade-level loading door, and one truck well loading door. It also includes high ceilings and potential to construct creative office, life science, R&D, or industrial space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$634.4k	$26.40
− Vacancy	−$62.8k	−$2.61
EGI	$571.6k	$23.79
− OpEx	−$142.9k	−$5.95
NOI	$428.7k	$17.84

24,030 SF · lease $26.40/SF/yr · vacancy 9.90% · expense 25.00%

Alternative Uses

Best Use

Office B

$6.12M

$5.36M – $7.14M (±1% cap)

NOI $428,690 @ 7.0% cap · market cap 7.14%

Second Best

Flex RnD

$4.40M

$3.85M – $5.14M (±1% cap)

NOI $308,123 @ 7.0% cap · market cap 5.14%

Theoretical Best

Multifamily LT 5

$7.54M

$6.60M – $8.80M (±1% cap)

NOI $527,942 @ 7.0% cap · market cap 8.80%

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

Location Intelligence

Current Use by Public Records

Bottenfield Construction General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Carpinteria
County: Santa Barbara
State: California
Longitude: -119.4897624
Latitude: 34.3883722

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High-Bay Flex/Industrial Building

Remodeled flex/industrial building with freeway access and scenic views.

6384 Via Real 6384, Carpinteria, CA 93013

View Details

For sale
Flex space
CA
Carpinteria
93013
6384 Via Real

What type of property is this?

Flex space - Remodeled flex/industrial building with freeway access and scenic views.

Where is this flex space located?

The property is located at 6384 Via Real Carpinteria, CA.

What is the asking price?

The asking price for this property is $6,000,000.

What are key features of this property?

This property features: Extensive recent remodel (approximately $1.5 million) including new exterior paint, landscaping, roll‑up doors, hardscape, new parking, new HVAC units, and skylights.; Easy freeway access and scenic views overlooking the Carpinteria bluffs.; High‑bay flex/industrial building suitable for owner‑user or investor.