This exceptional two-story office building, situated on a one-acre lot in Carpinteria's business park (APN 001-190-092), presents a compelling owner-user or investment opportunity. The 19,063 square-foot building boasts a desirable location, offering easy commutes for employees in both the Ventura and Santa Barbara metro areas. The first floor, currently occupied, features a main reception area, 12-foot ceilings, multiple private offices, two restrooms, a large break room, and an outdoor patio. The second floor, totaling approximately 8,896 square feet, is available for lease or purchase and includes 13 private offices, several open work areas, a conference room, and a spacious wraparound deck providing stunning ocean and mountain views. Building amenities include ample on-site parking (27 spaces), updated improvements, a full HVAC system, sprinklers, and an elevator. The property is zoned M-RP (Industrial/Research Park) and was built in 1989. Financial highlights include a $5,650,000 asking price, a 3.52% cap rate, and a net operating income (NOI) of $198,867. The second-floor lease rate is $1.60 per square foot, NNN, with estimated NNN charges of $0.45 PSF and utilities at $0.30 PSF. A 5-10 year lease term is available. This property offers a unique blend of functionality, location, and investment potential.
Office property - Prime Carpinteria Office, 19,063 SF
Where is the office property located?
The property is located at 6398 Cindy Ln Carpinteria, CA.
What is the asking price?
The asking price for this property is $5,650,000.
What are key features of this property?
This property features: 8,896 SF suite available now.; $1.60/SF/Year rent.; $0.45/SF/Year NNN expenses (approx.).
How can I contact the broker?
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Cindy Ln Carpinteria, CA 93013
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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6398 Cindy Ln
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