Retail Property for Sale in Lompoc California 93436

Parkside Plaza: A Rare Off-Market Retail Strip Center with Exceptional Yield

7.00% CAP Rate | 100% Occupancy | Significant Value-Add Potential

RAD Commercial Realty is pleased to introduce a stellar investment opportunity in the heart of a thriving retail corridor. Parkside Plaza is an off-market gem that perfectly balances immediate, stable cash flow with long-term capital appreciation. This 6,696-square-foot, single-story retail strip center is positioned on a generous 0.91-acre lot, offering the physical scale and tenant diversity required for a resilient commercial portfolio.

The Investment Thesis: Stability Meets Upside

Parkside Plaza is a "best-of-both-worlds" asset. While it currently operates at 100% occupancy, providing immediate peace of mind for the incoming owner, it is intentionally positioned for a "Value-Add" execution.

• Below-Market Rents: The property currently generates an annual gross income of $226,800. However, current lease rates are trending well below market standards for the area. This creates a clear and immediate pathway for a savvy investor to increase returns through strategic lease renewals and "mark-to-market" adjustments.

• Triple-Net (NNN) Structure: The leases are structured as NNN, minimizing landlord responsibilities and protecting the investor from rising operational costs—making this an ideal vehicle for passive income seekers.

• Strong Yield Profile: At a 7.00% CAP rate and a price point of $523 per square foot, the property offers a superior risk-adjusted return compared to over-compressed urban core assets.

Site Architecture & Accessibility

A retail center is only as strong as its accessibility, and Parkside Plaza excels in its physical configuration:

• Generous Parking: With 50 dedicated parking spaces, the center boasts a high parking-to-square-footage ratio, ensuring convenience for customers and a competitive edge for tenants.

• Strategic Footprint: The 0.91-acre parcel provides ample room for efficient ingress and egress, supporting a consistent flow of consumer traffic throughout the day.

• Diverse Tenant Mix: The center’s multi-tenant configuration mitigates risk, ensuring that the asset is not dependent on a single industry or operator for its success.

Market Position & Ideal Buyer Profile

Parkside Plaza is an "institutional-quality" boutique asset that fits several strategic investment profiles:

• 1031 Exchange Buyers: The 100% occupancy and 20-year remaining term (weighted) provide the stability required for tax-deferred exchanges.

• Private Equity & Family Offices: Looking for a solid foundation with the promise of "future prosperity" through active management.

• Yield-Focused Investors: Seeking a 7.00% cap rate in a sector where high-quality, fully-occupied strip centers are increasingly difficult to source off-market.

Executive Summary

Confidential Inquiry & Financing

To access the full offering memorandum and rent roll, please register at www.radcre.com or contact Majid directly at majid@radcre.com or 818-334-2111.

Pro Tip: If you require specialized acquisition financing to close this deal, RAD Capital Group offers a full suite of loan services and financial advisory. Visit www.radcapgroup.com to explore your options.