1617 – 1621 N BROADWAY, SANTA MARIA, CA
This high-yield Santa Maria investment opportunity features a 19,099 square foot commercial building on a 2.15 acre land parcel. The property is 100% NNN leased to two seasoned tenants and offers investors a strong and stable income stream with minimal management responsibilities. The leases feature attractive 3%+ annual increases and go until 8/31/24. Please call for additional details.
Asking Price: $3,499,500 ~ 7.44% Cap Rate