The Station CENTRAL COAST DEVELOPMENT OPPORTUNITY BUELLTON, CALIFORNIA 93427

OFFERING MEMORANDUM Property Information: Salient Facts Price $2,900,000 Lee & Associates Central Coast is pleased to present the opportunity to APN 099-690-046 purchase the fully entitled multi-tenant industrial project, The Station, in Buellton, CA. Parcel size 5.08 Acres Proposed building of 66,882 SF This property is located at the end of Industrial Way, a street which has Building Area designed as a multi-tenant industrial evolved into a vibrant destination of exciting businesses including Figueroa building Mountain Brewery, Margerum Wine Company, Summerland Wine The subject property has Buellton Company, Ascendant Spirits Distillery, Industrial Eats, Central Coast Group Planning Commission approval Project Status Project Winery and more. This thriving corridor combines businesses and plans have been submitted for representative of a booming wine region with demand for additional space building permit approval to accommodate the growth. The Station’s beautifully designed building M (Industrial and Manufacturing) will be ideally positioned to capture the growing demand for quality Zoning and industrial space for these varied businesses. OS (Open Space)

The Station OFFERING MEMORANDUM Central Coast Development Opportunity Lee & Associates | Central Coast 1 1 Figueroa Mountain Brewing Co. 11 Sideways Inn 2 Margerum Wine Company 12 CVS / Albertsons 3 Summerland Wine Brands 13 Burger King 18 4 Zaca Creek Golf Course 14 Starbucks 5 Buscador Winery & Tasting 15 The Habit Burger Grill 6 Industrial Eats 16 Motel 6 7 Loring Wine Company 17 McDonald’s 17 8 Ken Brown Wines 18 Santa Ynez Valley Marriott 9 Pea Soup Andersen’s 16 10 Shell Gas Station 9 8 14 15 Highway 246 10 13

11 Industrial Way 7 12

6 5

Access Easement 2 1

4 3 SITE

The Station OFFERING MEMORANDUM Central Coast Development Opportunity Lee & Associates | Central Coast 2 Elevations, Plat Map:

The Station OFFERING MEMORANDUM Central Coast Development Opportunity Lee & Associates | Central Coast 3 Site Plan:

Main Parking: 124 Spaces Suite 100 Suite 101 Suite 102 Suite 103 Suite 104 Suite 105 1,570 1,947 1,947 1,947 1,947 2,510 Gross SF Gross SF Gross SF Gross SF Gross SF Gross SF

Suite 106 6,381 Gross SF Competitive Suite 107 19,253 - Gross SF Set Map Suite 109 3,853 Gross SF

Suite 110 2,800 Gross SF Suite 108 Suite 111 15,154 - Gross SF 2,800 Gross SF

Suite 112 2,800 Gross SF

The Station OFFERING MEMORANDUM 4 3 Central Coast Development Opportunity Lee & Associates | Central Coast Site Zoning:

M Zoning OS Zoning In Flood Zone

The Station OFFERING MEMORANDUM 5 Central Coast Development Opportunity Lee & Associates | Central Coast Market Information:

Chumash Casino

The Chumash Casino Resort is located approximately 7 miles away from The Station in Buellton, California. The Casino is equipped with 94,000 SF of gaming space which includes slot machines and table games, 320 hotel rooms, grandstand arena, spa, heated rooftop pool and 5 restaurants. They get over 3.5 million visitors annually and are AAA Four Diamond Awarded.

Major Employers

• Chumash Casino Resort • Root 246 • The Alisal Guest Ranch & Resort • Solvang Lutheran Home • Hotel Corque • Albertsons • City of Solvang • New Frontiers Market

The Station OFFERING MEMORANDUM 5 Central Coast Development Opportunity Lee & Associates | Central Coast 8 Buellton Area Information: Located in northern Santa Barbara County, within the Santa Ynez Valley, the City of Buellton is located 35 miles north of Santa Barbara, 125 miles up the coast from Los Angeles and 300 miles south of San Francisco. The region is easily accessible from U.S. Highway 101 and State Highways 154 & 246. Buellton has always been strategically located as the Gateway to the Santa Ynez Valley, feeding traffic north and south, east and west. In recent years, Buellton has been one of the fastest-growing cities within Santa Barbara County.

Santa Ynez Valley Area

The towns of Ballard, Buellton, Los Alamos, Los Olivos, Santa Ynez and Solvang each have their own personalities and colorful histories of ranching and agriculture as well as Native American and Spanish influences. This rich heritage is celebrated across the Santa Ynez Valley. The small Valley community, with a total population of 20,000, aims to preserve the nature and charm of these 6 distinct towns and the residents that inhabit the area. The Valley offers everything from shopping and golfing to hiking, horseback riding and wine tasting.

Wine Country

The Santa Ynez valley produces some of the finest premium wines in the world. The Santa Barbara County wine industry has more than doubled in size since 1996. There are currently over 18,000 acres of grapevines and over 120 wineries producing over 1 million cases each year. The Santa Ynez wine country was popularized by the movie “Sideways” in 2004. Santa Ynez wine country is known for its Chardonnay and Pinot Noir but also produces Riesling, Sauvingnon Blanc, Syrah, Cabernet Sauvingnon and many other varietals.

The Station OFFERING MEMORANDUM Central Coast Development Opportunity Lee & Associates | Central Coast 6 Santa Maria San Francisco

33 miles

295 miles

Buellton

43 miles For more information, please contact one of the following individuals:

MARKET ADVISORS Buellton LocationFirst Last Name First Last Name First Last Name Regional Title Title 138 miles Title 000-000-0000 000-000-0000 000-000-0000 [email protected] [email protected] [email protected] Santa Barbara Lic. 00000000 Lic. 00000000 Lic. 00000000

The Station Los Angeles OFFERING MEMORANDUM 6 7 Central Coast Development Opportunity Lee & Associates | Central Coast 15

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DEMOGRAPHICS 3 Miles 10 Miles 15 Miles Total Population (2019) 6,601 23,506 52,212 The Station Total Population (2024 Est.) 7,459 24,788 53,819

Total Households (2019) 2,479 9,216 19,358

Total Households (2024 Est.) 2,800 9,763 20,084

Average HH Income (2019) $107,050 $130,033 $101,490

Average HH Income (2024 $120,457 $146,898 $115,487 Est.)

The Station OFFERING MEMORANDUM Central Coast Development Opportunity Lee & Associates | Central Coast 9 The Station CENTRAL COAST DEVELOPMENT OPPORTUNITY BUELLTON, CALIFORNIA 93427

CLARICE CLARKE TOM DAVIDSON STEVE LEIDER Principal Broker Associate Principal O: 805.962.6700 x102 O: 805.588.7777 O: 805.962.6700 x103 C: 805.689.6036 [email protected] C: 805.729.3634 [email protected] CalDRE #595846 [email protected] CalDRE #943106 CalDRE #967865

The Station OFFERING MEMORANDUM 9 Central Coast Development Opportunity Lee & Associates | Central Coast