Pacifica Commercial Realty is pleased to present the fee simple sale of two buildings within the Orcutt Hills Plaza in Orcutt, CA. This two-building, four-tenant opportunity features two strong credit tenants and one regional credit tenant. The property is strategically located on the Central Coast of California in the Santa Maria Valley. With immediate access to Highway 101, the property is just off the Clark Avenue and Stillwell Road. This is a rare opportunity to purchase a newly constructed investment in a market with extremely high barriers to entry.

Investment Summary

  • Asking Price: $7,875,000
  • Projected Cap Rate: 4.5% (In-place Cap Rate: 4.0%)
  • Total Building Area: +/- 9,299 square feet
  • Total GLA: +/- 1 acre
  • Current Occupancy: +/- 90%
  • Number of Tenants in-place: 3 (plus one +/-1,100 SF vacancy)
  • Year Built: 2018-2019
  • Number of Parcels: 2 legal parcels (APN 103-750-045; 103-750-046)