801 Linden Ave Carpinteria, CA 93013-2042
This 7,300 sq ft freestanding retail building is ideally situated on Linden Avenue, offering exceptional visibility and accessibility. Located on a prominent corner lot spanning 13,068 sq ft, the property boasts approximately 68 feet of frontage, maximizing street presence. The building features plentiful windows, providing ample natural light, and a convenient back storage area complete with a roll-up door for efficient loading and unloading. On-site parking accommodates 12 vehicles, supplemented by abundant street parking. Its strategic location offers easy access to the freeway and beach, attracting a diverse customer base from both Santa Barbara and Ventura Counties. The property benefits from its proximity to 700 LINDEN, a significant adaptive reuse project introducing numerous established restaurants and retailers to the area, further enhancing foot traffic and visibility. The building is available for purchase at $5,000,000, with seller financing available. Lease options are also available, with rates starting at $1.99 NNN (.75), offering flexible terms ranging from 5 to 15 years. The property's Assesor's Parcel Number (APN) is 003-262-020. This presents a unique opportunity to acquire a thriving retail space in a high-demand location. The building's versatile design makes it suitable for a variety of retail uses, including but not limited to restaurants, grocery stores, pharmacies, and banks.
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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
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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