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Miscellaneous

15-Year NNN | Santa Barbara County Wine Region | 1880 Union

362 Bell St, Los Alamos, CA 93440

Listing Price: $7,995,000

Cap Rate
5.00%
Tenant Name
1880 Union
Gross SF
11,000
Guarantor
Corporate Guarantee
Rentable SF
11,000
Price/Gross SF
$726.82
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.36

Investment Overview

Where the cool kids go. The best place to go wine tasting in California. Old West. Truly funky...not curated funky. Rustic chic. The vortex of love. One of America's best culinary destinations....all are verbatim descriptions used by various media outlets including the Los Angeles Times, Variety, Fortune, Travel + Leisure and on to describe the Southern California getaway town of Los Alamos. The singular visual used to represent this town is the historic 1880 Union Hotel. Built originally as a Wells, Fargo & Company telegraph and stagecoach station, this hotel had $1.5 million in upgrades poured into it in recent years to curate an immaculate and luxurious throwback to the Old West. Now serving as a hugely popular destination wedding venue with 9 guest rooms for the wedding party and accommodating up to 300 attendees, it is consistently booked out 18 months or more in advance. 1880 Union is being offered to qualified investors as a 15-year triple net leased investment with rent increases, backed by a robust guarantee. This opportunity not only offers cash flow, but the security of a 120-year operating history of the property, a well-tenured and successful business owner, currently with multiple sites throughout Southern California and an exceptionally strong outlook for the destination wedding industry...especially in Santa Barbara County's wine region.

Investment Highlights

  • 15-Year Triple Net Sale-Leaseback With Rent Increases, 1880 Union Offers Wedding and Event Parties Exclusive Step-Back-In-Time Use of This 11,000 SF Historic Hotel.
  • Located Right Off US 101 Just One Hour North of Santa Barbara, One Hour South of San Luis Obispo and 2.5 Hours North of Los Angeles in the Santa Ynez Wine Region.
  • Storied Property Originally Built as a Wells Fargo Telegraph and Stagecoach Station Now Serves as THE Iconic Visual Symbol of Los Alamos in the Media.
  • Featured in Music Videos for Paul McCartney & Michael Jackson and Bon Jovi & Chris Ledoux; Hosted Kurt Russell's Wine Tasting Room; Enjoyed by Other Celebrities.
  • 1880 Union Accommodates Events of Up to 300 People, Has 9 Guest Rooms for 20 Overnight Guests, Welcoming and Functional Common Areas, a Full Commercial Kitchen, and Attached Saloon with Liquor Licenses.
  • Los Alamos is a Well-Known Getaway for Angelenos, Called "Little Los Angeles" and "The Best Place to Go Wine Tasting in California" by Travel + Leisure Magazine.

Exclusively Listed By

Financing By

Miscellaneous

15-Year NNN | Santa Barbara County Wine Region | 1880 Union

Listing Price: $7,995,000

Cap Rate
5.00%
Tenant Name
1880 Union
Gross SF
11,000
Guarantor
Corporate Guarantee
Rentable SF
11,000
Price/Gross SF
$726.82
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.36

Investment Highlights

  • 15-Year Triple Net Sale-Leaseback With Rent Increases, 1880 Union Offers Wedding and Event Parties Exclusive Step-Back-In-Time Use of This 11,000 SF Historic Hotel.
  • Located Right Off US 101 Just One Hour North of Santa Barbara, One Hour South of San Luis Obispo and 2.5 Hours North of Los Angeles in the Santa Ynez Wine Region.
  • Storied Property Originally Built as a Wells Fargo Telegraph and Stagecoach Station Now Serves as THE Iconic Visual Symbol of Los Alamos in the Media.
  • Featured in Music Videos for Paul McCartney & Michael Jackson and Bon Jovi & Chris Ledoux; Hosted Kurt Russell's Wine Tasting Room; Enjoyed by Other Celebrities.
  • 1880 Union Accommodates Events of Up to 300 People, Has 9 Guest Rooms for 20 Overnight Guests, Welcoming and Functional Common Areas, a Full Commercial Kitchen, and Attached Saloon with Liquor Licenses.
  • Los Alamos is a Well-Known Getaway for Angelenos, Called "Little Los Angeles" and "The Best Place to Go Wine Tasting in California" by Travel + Leisure Magazine.

Investment Overview

Where the cool kids go. The best place to go wine tasting in California. Old West. Truly funky...not curated funky. Rustic chic. The vortex of love. One of America's best culinary destinations....all are verbatim descriptions used by various media outlets including the Los Angeles Times, Variety, Fortune, Travel + Leisure and on to describe the Southern California getaway town of Los Alamos. The singular visual used to represent this town is the historic 1880 Union Hotel. Built originally as a Wells, Fargo & Company telegraph and stagecoach station, this hotel had $1.5 million in upgrades poured into it in recent years to curate an immaculate and luxurious throwback to the Old West. Now serving as a hugely popular destination wedding venue with 9 guest rooms for the wedding party and accommodating up to 300 attendees, it is consistently booked out 18 months or more in advance. 1880 Union is being offered to qualified investors as a 15-year triple net leased investment with rent increases, backed by a robust guarantee. This opportunity not only offers cash flow, but the security of a 120-year operating history of the property, a well-tenured and successful business owner, currently with multiple sites throughout Southern California and an exceptionally strong outlook for the destination wedding industry...especially in Santa Barbara County's wine region.

Exclusively Listed By

Financing By

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