1105 S Blosser Rd
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1105 S Blosser Rd
15,400 SF Industrial Building Santa Maria, CA 93458 £3,787,200 (£246/SF) 5.49% Net Initial Yield
Executive Summary
This industrial building with large yard space is NNN leased to United Rentals, the world’s largest equipment rental company. Centrally located near the intersection of Blosser & Stowell in Santa Maria—with excellent proximity to US 101 freeway and bustling commercial corridors—the property is on a hard corner with multiple access points. Very rare to find a high-quality industrial asset with almost 1.5 acres of yard space!
PRICE: $4,800,000 ($311 psf)
BUILDING SIZE: 15,400 SF (approximately)
PARCEL SIZE: 2.16 acres / 93,889 SF (two parcels)
APN: 117-630-002 / 117-630-003
OCCUPANCY: 100% leased to United Rentals Realty, LLC
NOI: $263,286 (as of 4/1/24)
CAP RATE: 5.5%
LEASE TYPE: Single-tenant NNN lease
ZONING: PD / CM
SHOWINGS: Call listing agent, do not disturb tenant
YEAR BUILT: 1981
CONSTRUCTION: Metal frame
RESTROOMS: Two sets
ELEVATOR: No
HVAC: Yes, in office area
POWER: TBD
CEILINGS: Approximately 10’ in office, 20’ in warehouse
YARD AREA: 60,000 SF approximately
LOADING: Three (3) roll-up doors
SPRINKLERS: Yes
PRICE: $4,800,000 ($311 psf)
BUILDING SIZE: 15,400 SF (approximately)
PARCEL SIZE: 2.16 acres / 93,889 SF (two parcels)
APN: 117-630-002 / 117-630-003
OCCUPANCY: 100% leased to United Rentals Realty, LLC
NOI: $263,286 (as of 4/1/24)
CAP RATE: 5.5%
LEASE TYPE: Single-tenant NNN lease
ZONING: PD / CM
SHOWINGS: Call listing agent, do not disturb tenant
YEAR BUILT: 1981
CONSTRUCTION: Metal frame
RESTROOMS: Two sets
ELEVATOR: No
HVAC: Yes, in office area
POWER: TBD
CEILINGS: Approximately 10’ in office, 20’ in warehouse
YARD AREA: 60,000 SF approximately
LOADING: Three (3) roll-up doors
SPRINKLERS: Yes
Property Facts
| Price | £3,787,200 | Lot Size | 3.25 AC |
| Price Per SF | £246 | Rentable Building Area | 15,400 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 5.49% | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B |
| Price | £3,787,200 |
| Price Per SF | £246 |
| Sale Type | Investment |
| Net Initial Yield | 5.49% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 3.25 AC |
| Rentable Building Area | 15,400 SF |
| Number of Floors | 1 |
| Year Built | 1980 |
| Tenancy | Single |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,059,037 | |
| Land Assessment | £1,005,595 | Total Assessment | £2,064,632 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,005,595
Improvements Assessment
£1,059,037
Total Assessment
£2,064,632
zoning
| Zoning Code | PDCM |
| PDCM |
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Hayes Commercial Group
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1105 S Blosser Rd
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