110 s. lincoln street santa maria, ca › d2 › ivu-maldu-hu8ai2fh7...110 s. lincoln street santa...
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Information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
2520 Professional Parkway, Santa Maria, CA 93455 • Office: (805) 928-2800 Fax: (805) 349-9375 • www.pacificasantamaria.com
Historic “Heritage Square” now being offered for sale. Originally built in 1930 as a 3-story lodge for the “Knights of Pythias,” this building underwent extensive remodeling in 1988 and is now an office/retail building. Each floor (1st & 2nd) has multiple office suites with common restrooms and hallways plus the 2nd floor is elevator served. Longtime favorite “Maya” Mexican restaurant is located on the north end of the building with an outdoor patio. The 3rd floor is small and is only suitable for storage and access to the roof. Recent HVAC & roofing survey on file. Please do not disturb the Tenants.
OFFICE BUILDING FOR SALE110 S. Lincoln Street
Santa Maria, CA
Property Type: OfficeSale Price: $895,000.00 $925,000.00Building Size: ±13,050 SF*Parcel Size: ±7,405 SFNo. of Stories: 3Parking: City lot and streetRestrooms: Common (1 set per floor)Tenancy: Multi-TenantZoning: SP - Downtown Specific PlanAPN: 123-045-013 Cap Rate: 7.35%
Brian LaCabe(805)928-2800 ext. 103
[email protected] # 01026699
W. Main St.
S. Broadway St.
*Square footage includes non-rentable 3rd floor
Price Reduced!
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Information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
2520 Professional Parkway, Santa Maria, CA 93455 • Office: (805) 928-2800 Fax: (805) 349-9375 • www.pacificasantamaria.com
Brian LaCabe(805)928-2800 ext. 103
[email protected] # 01026699
Annual Income (2017) $104,912Annual Expenses (2017) $35,898NOI $68,014Actual Cap Rate 7.35%Proforma Cap Rate(Subject to leasing suite 210) 7.65%
Average Lease Rate $13.44/SFVacancy Rate (Suites 201 & 210) 6.4%Lease Type Modified Gross
110 South Lincoln StreetSanta Maria, CA
Suite # Tenant Size/SF101 Mendoza Bros Farming 960102 Zacaries Consulting 863103 Maya Restaurant 287104 Allstate Insurance 1,200105 Maya Restaurant 1,760201 Breakroom 242
202/203 Rejuvanate Massage 385204/205 Hispanic Business Solutions 394
206 Planned Parenthood 200207 Future Leaders 220208 Future Leaders 220209 Vishven Global Promoters 932210 Madson Property Management
(Ownership’s Management) 260
Financial AnalysisTenant Summary
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Information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
2520 Professional Parkway, Santa Maria, CA 93455 • Office: (805) 928-2800 Fax: (805) 349-9375 • www.pacificasantamaria.com
Brian LaCabe(805)928-2800 ext. 103
[email protected] # 01026699
-
Information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
2520 Professional Parkway, Santa Maria, CA 93455 • Office: (805) 928-2800 Fax: (805) 349-9375 • www.pacificasantamaria.com
Brian LaCabe(805)928-2800 ext. 103
[email protected] # 01026699
110 S. Lincoln StreetFloor Plan
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Information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
2520 Professional Parkway, Santa Maria, CA 93455 • Office: (805) 928-2800 Fax: (805) 349-9375 • www.pacificasantamaria.com
Brian LaCabe(805)928-2800 ext. 103
[email protected] # 01026699
110 South Lincoln Street, Santa Maria, CAAPN Map