321 Mcmurray Rd Buellton, CA 93427-2509
This 5,235 square foot retail/restaurant building, located at 321 McMurray Rd, Buellton, CA 93427 (APN: 075-114-002), is available for sublease. Completely remodeled in 2017, this single-tenant property sits on a 0.56-acre lot (24,393 square feet) and boasts 40 parking spaces. Its prime location directly across from the Crossroads Shopping Center, featuring popular tenants such as Starbucks and Panda Express, ensures high visibility and traffic. The building features 200 AMP/220 power, making it suitable for a variety of uses, including restaurants, under its General Commercial (CR) zoning. Previously a Bakers Square restaurant, this space is ideal for high-volume retail or restaurant operations. The property offers excellent freeway visibility from Highway 101 and Highway 246. Lease terms are negotiable, with a preference for a 4+ year initial term with options to extend. The sublease rate is $2.25 per square foot ($11,800 per month) plus NNN, estimated at $0.35 per square foot per month. This exceptional location at the gateway to Santa Barbara County's wine country presents a unique opportunity for a thriving business. The building's one-story design and ample parking provide convenience and accessibility for customers.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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