MLS® ID: 18-3875

5336 Overpass Rd

GOLETA, California, 93111

$1,495,000 Active
  • 4660 SQFT
This industrial building is NNN-leased to Rayne Dealership Corporation, a regional operator of water treatment systems for residential and commercial use. The lease runs through September 30, 2023 and contains annual increases equivalent to the change in Consumer Price Index (which measures inflation). It includes two (2) five (5) year options to extend the lease at fair market value -- the tenant's significantinvestment in infrastructure provides an incentive to stay at the property long-term. As a result, this is an opportunity to own a hard-to-replace property that will benefit from inflation.
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Listing courtesy of Hayes Commercial Group

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    93111
  • Office name
    Hayes Commercial Group
  • SQFT
    4660
  • Property type
    Commercial
  • Year built
    0
  • Lot size
    32670.00
  • Agent name
    Liam Murphy
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    4000-5000 sq ft.
  • Office ID
    199500728
  • Agent ID
    199505340

Location

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