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31191689
32668349

721 W Central Ave, Lompoc, CA 93436

Rad Commercial Realty
Listed by Rad Commercial Realty
$3,500,000
96 days on market
Updated 25 days ago

Retail CENTER Investment Opportunity LOMPOC CA

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 6,696
Cap Rate 7.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 20
Price per SqFt $523
Investment Type Value Add

retail strip center

Marketing description

Introducing a stellar investment opportunity in the heart of the retail sector! This gem boasts a stable cash flow and enticing value-add potential, making it a wise choice for seasoned investors. The 6,696 SF, one-story retail building sits on a generous 0.91-acre lot with 100% occupancy and an annual gross income of $226,800. With well-below-market rents, there is immense room for growth and increased returns, presenting a lucrative prospect for those looking to maximize their investment. Featuring a diverse tenant mix and 50 parking spaces, the property is perfectly positioned to attract consistent consumer traffic. Ideal for 1031 exchange buyers and private investors seeking passive income, Parkside Plaza offers a solid foundation with the promise of future prosperity. Don't miss your chance to own a piece of this prime retail estate!

Contact Info: [email protected], 818-334-2111

Register at: www.radcre.com

Loan financing/services: www.radcapgroup.com

Listing Contacts

Rad Commercial Realty
Listed by Rad Commercial Realty

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Additional Information

Name
Omar Riyad
License
02052562
Brokerage
Rad commercial Realty
Title
Broker of Record
Name
Majid Radaei, MBA CRE Broker(Hotel, Multi Family)
License
02126758
Brokerage
Rad Commercial Real Estate
Brokerage Phone
8183342111
Title
CA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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