6398 Cindy Ln, Carpinteria, CA 93013

Executive Summary

Located in Carpinteria, 6398 Cindy Lane offers approx. 19,063 SF on approx. 1 acre, ideal for 1031 Exchange, Owner-User or Investor. Presently its’ income producing while you occupy the ocean-view 2nd floor with out-door patio, call for details.

Strong lease in place
Approx. 57 on-site parking spaces
Elevator access | 2-story office
Versatile duplex configuration
Ocean + mountain views
1031 exchange opportunity

With an estimated replacement cost significantly higher than the $4,985,000 asking price, this asset presents compelling value in a supply-constrained coastal market. For investors, or future owner-users, positioning ahead of the curve.

General research shows that an average purchase price per 1 acre in Carpinteria is $2M (blended between Res, AG, Comm). The average cost to build is approx. $375.00 psf+. Could be higher with 2nd levels, etc.. Cindy Ln is approx. 19,000 sf by $375.00 is approx. $6,650,000.00. Cost for land acquisition and construction is approx. $8,650,000.00. Listed at $4,985,000.00 (savings of approx. $3,665,000.00 and time) *Buyer to verify.
The Carpinteria Business Park at 6398 Cindy Lane embodies the town’s unique blend of coastal charm and professional enterprise, offering a scenic yet functional workspace. Located near the Pacific Ocean, this approx. 19,063-square-foot building provides breathtaking ocean and mountain views, creating an inspiring environment for businesses. The property features ample on-site parking with approx. 57 spaces, ensuring convenience for employees and visitors. The surrounding area offers a vibrant mix of dining options, retail shops, and recreational facilities, fostering an excellent work-life balance. Carpinteria’s commitment to sustainability is evident in its pedestrian-friendly streets and extensive bike lanes, encouraging eco-friendly commuting. Additionally, the building is easily accessible via major highways and public transportation, making it an ideal location for businesses seeking both professional efficiency and a relaxed coastal atmosphere. Exchange Opportunity – Sellers are open to considering exchanges for real property of equal or greater value located in Ventura or Santa Barbara County. Acceptable property types include residential, commercial, industrial, income-producing, or vacant land. All relevant and qualified exchange proposals are welcome for consideration.
Versatile Duplex Setup: Two separate units, allowing for flexible use as a duplex or as singular spaces. This adaptability is perfect for owner-user or investor.
Elevator Access: The inclusion of an elevator enhances accessibility for all tenants and visitors, increasing the property's appeal and functionality.
Strong Lease in Place: Solid Lease Agreement in effect until 2028. Tenant may be open to a buyout, providing immediate cash flow or future flexibility.
Exceptional Location: Nestled in prime Carpinteria, offering captivating ocean, coastline and mountain views; an attractive choice for both business and leisure.
Ample Parking: With an impressive 57 parking spaces, this property ensures convenience for tenants and clients, enhancing its' usability.
Spacious Layout: Property features fabulous floor plans, including a huge kitchen and dining area, ideal for hosting gatherings or accommodating large teams.
Beautiful Landscaping: The exterior is complemented by well-maintained landscaping, providing a welcoming environment for tenants and visitors alike.
Unique Amenities: Automotive enthusiasts! Property includes a dedicated "man cave or she-shed" space for showcasing a car collection or personal retreat.
Asset Value: This property serves as an excellent operating space and represents a great asset for depreciation benefits.
With its prime location, strong lease structure and exceptional amenities, this Carpinteria property is poised to attract a wide range of inquiries. Whether you're looking for an owner-user space or a solid investment with long-term potential, this offering is not to be missed. Explore the possibilities this exceptional property has to offer. Schedule a private showing or request more information to take the next step towards owning or investing in this prime Carpinteria asset.
CLICK THE AMAZING PHOTOS AND VIDEO LINK BELOW.
Contact us for the NDA to access pre-offer disclosures (Abstract of Lease Terms).