1120 Ocean Ave Lompoc, CA 93436

This exceptional 2,300-square-foot quick-service restaurant (QSR) property in Lompoc, California, presents a compelling investment opportunity. Located at 1120 E Ocean Ave, 93436, this single-story, freestanding building boasts a prime location, less than half a mile from a high-performing Starbucks and across the street from a shopping center, ensuring high visibility and substantial foot traffic. Built in 1973 and renovated in 2007, the property features a fully equipped kitchen, ample freezer space, a convenient drive-thru, and is ADA compliant. The building includes central air conditioning and dedicated parking. The property is available for sale at $1,500,000, and a lease option is available at $8,000 NNN per month. The current tenant operates a drive-thru business, averaging $130,000 in net profit over the past five years. This presents a unique opportunity for an owner-user to acquire both the real estate and the established business for $1,950,000. The property's location and existing infrastructure make it ideal for an investor seeking a value-add opportunity or a redevelopment project. The property's APN is 085-191-005 and 085-191-006. Occupancy is available January 1, 2025.