• Single-Tenant Ross Dress for Less:
∘ Corporate guaranteed lease by nation’s largest off-price retailer (Ross Stores, Inc.)
∘ NN+ Lease with minimal landlord responsibilities, ideal for a passive investor
∘ 4-years remaining on Primary Lease Term, with one (1), 5-year Options
∘ Rare rental increases of $1/PSF every 5 years, including options
∘ Mission Plaza Shopping Center is the #1 Busiest Shopping Center in Lompoc (Placer.ai)
• Rare Single Tenant End Cap to High Performing Albertsons Anchored Shopping Center:
The #1 busiest center in Lompoc (Placer.ai)
• Long-Term, Well-Established Location: Ross has been committed to this site for over 22 years
• Low Rent Big Box Deal at $10 PSF, Potential for Future Upside
• Multi-Access Shopping Center: Mission Plaza Shopping Center allows for various points of ingress
& egress access to the site
• #1 Busiest Signalized Intersection in Lompoc (44,000+ CPD)
• Affluent Average Household Incomes of $111,000 in the Surrounding Trade Area
• Primary Commercial Node: Located in the major commercial artery of the trade area
∘ Shopping Center Pad Tenants include Starbucks, Taco Bell, Circle K, and Chase Bank
∘ Nearby retailers include Walmart, Big 5 Sporting Goods & Tractor Supply
• Booming Nearby Developments:
∘ River Terrace Development: 106 single-family homes, 76 duplexes, 75 two-story townhomes
∘ Brisa Encina: 49-unit residential project under construction
• Santa Barbara Airport (SBA):
∘ #1 main airport servicing California’s Central Coast
∘ Ranks in the top-third of the nation’s commercial service airports
• Lompoc, CA: 15% Avg Household Income Growth in last 5-years
• Santa Barbara County: #1 Largest Region in California’s Central Coast
