Property profile

229 Town Ctr Santa Maria, CA 93458

OFF-MARKET
Restaurants
5,250 SF
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Property summary

AI-generated overview

This exceptional 5,250-square-foot restaurant space is ideally situated within the bustling Town Center West shopping center in Santa Maria. Benefit from high visibility and significant foot traffic due to its prime location adjacent to the well-established Town Center Mall. The property is currently vacant and offers a single-tenant occupancy opportunity, providing a blank canvas for your culinary vision. The space is already built out as a restaurant, minimizing initial build-out costs and expediting your opening timeline. This turnkey solution allows you to focus on your business operations rather than extensive renovations. The surrounding area boasts a strong retail presence, anchored by major tenants such as Rite Aid and Big 5, ensuring a consistent flow of potential customers. This strategic location within a thriving shopping center provides unparalleled access to a large and diverse customer base. The property's size offers ample space for a full-service restaurant, including a spacious dining area, a fully equipped kitchen, and potentially additional features such as a bar or outdoor seating. Seize this rare opportunity to establish your restaurant in a high-traffic, high-visibility location within a successful shopping center. The potential for success in this established commercial area is undeniable. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Restaurants
Total area 5,250 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

229 Town Ctr Santa Maria, CA 93458
Santa Maria metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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