This fully leased retail strip center presents an outstanding investment opportunity in the heart of Lompoc's primary commercial corridor. Offering stable cash flow with significant value-add potential, the property is ideally suited for 1031 exchange buyers, private investors, and those seeking long-term passive income backed by a diversified tenant base.
Constructed in 2005, the single-storey retail centre comprises approximately 6,696 sq ft on a generous 0.91-acre site with 50 on-site parking spaces. The property currently enjoys 100% occupancy and generates an annual gross income of $226,800. Existing rents are reported to be below market levels, providing investors with the opportunity to increase rental income over time while benefiting from an established mix of tenants.
Positioned on West Central Avenue, one of Lompoc's busiest commercial corridors, the property benefits from excellent visibility, high daily traffic counts, and strong neighbouring retailers including Walmart, ALDI, Grocery Outlet, Starbucks and numerous national food operators. Additional demand is generated by major employers including Vandenberg Space Force Base, Lompoc Valley Medical Center and the surrounding retail and residential communities, supporting consistent customer traffic and long-term investment stability.
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