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Industrial Property For Sale 1501 E Laurel Ave Lompoc, CA 93436 700 South Flower Street, Suite 2526 rosanopartners.com PRESENTED BY: Korena Ellis 213.802.0238 [email protected] George Cornelson 213.802.0328 [email protected] Lindsey Gibson 213 802 0262 lgibson@rosanopartners.com

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Page 1: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

Industrial Property For Sale

1501 E Laurel AveLompoc, CA 93436

700 South Flower Street, Suite 2526rosanopartners.com

PRESENTED BY:

Korena [email protected]

George [email protected]

Lindsey Gibson213 802 [email protected]

Page 2: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

3PROPERTY INFORMATION

7LOCATION INFORMATION

11FINANCIAL ANALYSIS

15DEMOGRAPHICS

18MARKETING PLAN

26ROSANO PARTNERS ADVANTAGE

TABLE OF CONTENTS

Lompoc, CA 934361501 E Laurel Ave

700 South Flower Street, Suite 2526rosanopartners.com

Confide tiality & Disclaimer Contents

All materials and information received or derived from Rosano Partners, LLC itsdirectors, officers, agents, advisors, affil tes and/or any third party sources areprovided without representation or warranty as to completeness , veracity, oraccuracy, condition of the property, compliance or lack of compliance with applicablegovernmental requirements, developability or suitability, financia performance of theproperty, projected financia performance of the property for any party’s intended useor any and all other matters.

Neither Rosano Partners, LLC its directors, officers, agents, advisors, or affil tes makesany representation or warranty, express or implied, as to accuracy or completeness ofthe any materials or information provided, derived, or received. Materials andinformation from any source, whether written or verbal, that may be furnished forreview are not a substitute for a party’s active conduct of its own due diligence todetermine these and other matters of significan e to such party. Rosano Partners, LLCwill not investigate or verify any such matters or conduct due diligence for a partyunless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged toverify all information and to conduct their own inspections and investigations includingthrough appropriate third party independent professionals selected by such party. Allfinancia data should be verifie by the party including by obtaining and readingapplicable documents and reports and consulting appropriate independentprofessionals. Rosano Partners, LLC makes no warranties and/or representationsregarding the veracity, completeness, or relevance of any financia data orassumptions. Rosano Partners, LLC does not serve as a financia advisor to any partyregarding any proposed transaction. All data and assumptions regarding financiaperformance, including that used for financia modeling purposes, may differ fromactual data or performance. Any estimates of market rents and/or projected rents thatmay be provided to a party do not necessarily mean that rents can be established ator increased to that level. Parties must evaluate any applicable contractual andgovernmental limitations as well as market conditions,vacancy factors and other issuesin order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questionsshould be discussed by the party with a certifie public accountant or tax attorney.Title questions should be discussed by the party with a title officer or attorney.Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party withappropriate engineers, architects, contractors, other consultants and governmentalagencies. All properties and services are marketed by Rosano Partners, LLC incompliance with all applicable fair housing and equal opportunity laws.

Page 3: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

Rosano Partners //Offering Memorandum

700 South Flower Street, Suite 2526https://rosanopartners.com

Section 1

PROPERTYINFORMATION

Page 4: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

PROPERTY OVERVIEWRosano Partners is proud to present an excellent opportunity to lease an approx. 8,000 square footinsulated steel frame industrial building on a 31,363 square foot lot zoned for cannabis business uses.(Retail included – great for a micro business!) The warehouse of the facility has a 16’ clear ceiling height,one drive-in loading door and an electrical capacity of 1,000 amps three phase. There is approx. an 800 SFfront office module attached to the warehouse which is included in the square footage. This is an excitingopportunity to lease a versatile space for a cannabis retail, manufacturing, and distribution business. PerLompoc’s current cannabis zoning map, this property has been buffered out due to the existing tenant’ssensitive use. Upon the termination of the tenant’s month to month lease, the buffer will be released bythe city. Don’t miss your opportunity to establish your cannabis business in California, the largest marijuanamarket in the world!

PROPERTY HIGHLIGHTS

• Qualifies or all Cannabis Business Uses

• Electric Capacity of 1,000 Amps 3 Phase

• Ample Parking

• 16’ Clear Ceiling Height

• One Drive-In Loading Door

PROPERTY SUMMARY

Available SF: 8,000 SF

Lease Rate: $2.55 SF/month (NNN)

Lot Size: 31,263 SF

Building Size: 8,000 SF

EXECUTIVE SUMMARY

Lompoc, CA 934361501 E Laurel Ave

Page 5: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

INTERIOR PHOTOS

Lompoc, CA 934361501 E Laurel Ave

Page 6: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

EXTERIOR PHOTOS

Lompoc, CA 934361501 E Laurel Ave

Page 7: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526https://rosanopartners.com

Section 2

LOCATIONINFORMATION

Rosano Partners //Offering Memorandum

Page 8: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

MAP & DESCRIPTION

Lompoc, CA 934361501 E Laurel Ave

700 South Flower Street, Suite 2526rosanopartners.com

DESCRIPTION

This building is located on the East side of Lompoc within the industrial district providing immediate access to Highway 1 and Route 246 leading to the 135 and 101 Freeways. TheCity of Lompoc is within Santa Barbara County and is situated along the California Coast between Santa Barbara and San Luis Obispo. Lompoc has introduced three progressiveordinances for the issuance of all commercial cannabis activities, except outdoor cultivation. Lompoc is a distribution hub for wine producers in Santa Barbara County and willserve the same purpose for cannabis businesses in the future.

Page 9: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

REGIONAL MAP

Lompoc, CA 934361501 E Laurel Ave

Page 10: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

AERIAL MAP

Lompoc, CA 934361501 E Laurel Ave

700 South Flower Street, Suite 2526rosanopartners.com

Page 11: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526https://rosanopartners.com

Section 3

FINANCIALANALYSIS

Rosano Partners //Offering Memorandum

Page 12: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

FINANCIAL SUMMARY

Lompoc, CA 934361501 E Laurel Ave

Page 13: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

RENT ROLL

Lompoc, CA 934361501 E Laurel Ave

Page 14: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

COMPANIES WE'VE WORKED WITH

Lompoc, CA 934361501 E Laurel Ave

Page 15: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526https://rosanopartners.com

Section 4

DEMOGRAPHICS

Rosano Partners //Offering Memorandum

Page 16: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

DEMOGRAPHICS REPORT

Lompoc, CA 934361501 E Laurel Ave

1 MILE 3 MILES 5 MILES

Total households 4,220 14,927 17,033

Total persons per hh 2.9 2.9 3.0

Average hh income $50,754 $56,861 $59,726

Average house value $332,338 $359,825 $377,359

1 MILE 3 MILES 5 MILES

Total population 12,295 43,277 51,489

Median age 30.7 31.9 32.8

Median age (male) 29.6 30.1 31.2

Median age (female) 31.9 33.2 34.2

* Demographic data derived from 2010 US Census

Page 17: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

* Demographic data derived from 2010 US Census

1 Mile 3 Miles 5 Miles

Total Population 12,295 43,277 51,489

Population Density 3,914 1,531 656

Median Age 30.7 31.9 32.8

Median Age (Male) 29.6 30.1 31.2

Median Age (Female) 31.9 33.2 34.2

Total Households 4,220 14,927 17,033

# of Persons Per HH 2.9 2.9 3.0

Average HH Income $50,754 $56,861 $59,726

Average House Value $332,338 $359,825 $377,359

DEMOGRAPHICS MAP

Lompoc, CA 934361501 E Laurel Ave

Page 18: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526https://rosanopartners.com

Section 5

MARKETINGPLAN

Rosano Partners //Offering Memorandum

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700 South Flower Street, Suite 2526rosanopartners.com

MARKETING PLAN PAGE 1

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

MARKETING PLAN PAGE 2

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

MARKETING PLAN PAGE 3

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

MARKETING PLAN PAGE 4

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

MARKETING PLAN PAGE 5

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

MARKETING PLAN PAGE 6

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

MARKETING PLAN PAGE 7

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526https://rosanopartners.com

Section 6

ROSANOPARTNERSADVANTAGE

Rosano Partners //Offering Memorandum

Page 27: 1501 E Laurel Ave - LoopNet · 2018. 11. 10. · MARKETING PLAN 18 ROSANO PARTNERS ADVANTAGE 26 TABLE OF CONTENTS Lompoc, CA 93436 1501 E Laurel Ave 700 South Flower Street, Suite

700 South Flower Street, Suite 2526rosanopartners.com

RP ADVANTAGE PAGE 1

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

RP ADVANTAGE PAGE 2

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

RP ADVANTAGE PAGE 3

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

RP ADVANTAGE PAGE 4

Lompoc, CA 934361501 E Laurel Ave

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700 South Flower Street, Suite 2526rosanopartners.com

RP ADVANTAGE PAGE 4

Compton, CA 902214502 E Rosecrans AvePresented by:

Korena EllisVice President, Cannabis GroupBRE: 01430539D: 213.802.0238E: [email protected]

George CornelsonSenior Associate, Cannabis GroupBRE: 02017048D: 213.802.0328E: [email protected]

Lindsay GibsonAssociate, Cannabis GroupBRE: 02041612D: 213.802.0262E: [email protected]

Rosano PartnersLos Angeles Office700 S. Flower St, Suite 2526Los Angeles, CA 90017www.RosanoPartners.com

The information contained in the Marketing and Value Presentation is confidential, furnished

solely for the purpose of a review by a prospective purchaser of the Property, and is not to be

used for any other purpose or made available to any other person without the express written

consent of the Seller or Advisor. Prospective purchasers should also conduct their own due

diligence, including, but not limited to, engineering and environmental inspections, to determine

the condition of the Property and the existence of any potentially hazardous material located

at the Property or used in the construction of maintenance of the building(s) at the Property.