Orcutt, CA 93455

Verizon

Property Address

1602 East Clark Avenue, Orcutt, CA, USA

Offering Summary

  • Price: $2,992,000
  • Lot Size: .514 Acres
  • Cap Rate: 5.10%
  • Year Built: 2019
  • Building SF: 2,987
  • Status: Available
Download Brochure Submit Offer
  • Brand New 10-Year Lease with Verizon
  • Rare New Construction Net-Leased Investment in Santa Barbara County
  • 10% Rental Increases Every 5 Years
  • Tenant is the Largest Verizon Retailer in the United States - 700+ Locations
  • 49,607 Residents in Growing Trade Area - Located within the Santa Maria Valley
  • Average Household Exceeds $100K in Immediate Area
  • Located Immediately Off US-101 (45,500 Cars/Day)
  • Across from the Future Location of Orcutt Marketplace - 250+ Residental Units, 125- Room Hotel, 5 Restaurants, a Brewery, a Pharmacy, Retail, and a Gas Station/Car Wash

Broker Information