Good investment opportunity or for an owner-operator in the future! Current occupant is a strong tenant, a Papa John franchisee. Building located in a very busy, high traffic sector of Lompoc. Surrounded by numerous shops, eateries, and other miscellaneous businesses. Lompoc High School is located within walking distance. Sellers pay insurance and taxes only. Current insurance is $2,200 yearly. Current lease at listed price, with projected property taxes, is a 6.25% cap rate. Building newly renovated two years ago by Papa John franchisee.
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