This industrial building with large yard space is NNN leased to United Rentals, the world’s largest equipment rental company. Centrally located near the intersection of Blosser & Stowell in Santa Maria—with excellent proximity to US 101 freeway and bustling commercial corridors—the property is on a hard corner with multiple access points. Very rare to find a high-quality industrial asset with almost 1.5 acres of yard space!
PRICE: $4,800,000 ($311 psf)
BUILDING SIZE: 15,400 SF (approximately)
PARCEL SIZE: 2.16 acres / 93,889 SF (two parcels)
APN: 117-630-002 / 117-630-003
OCCUPANCY: 100% leased to United Rentals Realty, LLC
NOI: $263,286 (as of 4/1/24)
CAP RATE: 5.5%
LEASE TYPE: Single-tenant NNN lease
ZONING: PD / CM
SHOWINGS: Call listing agent, do not disturb tenant
YEAR BUILT: 1981
CONSTRUCTION: Metal frame
RESTROOMS: Two sets
ELEVATOR: No
HVAC: Yes, in office area
POWER: TBD
CEILINGS: Approximately 10’ in office, 20’ in warehouse
YARD AREA: 60,000 SF approximately
LOADING: Three (3) roll-up doors
SPRINKLERS: Yes