205 Highway 246 E Buellton, CA 93427
For Lease
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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.
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AA Kitchen & Bath Renovation Buellton Construction Company
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The Habit Burger Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.