238 E Highway 246

238 E Highway 246, Buellton, CA 93427

Property Information

  • For Lease $200,000.00/SF/YR
  • Property Type Retail - Freestanding
  • Property Size 3,240 SF
  • Lot Size 0.83 Acre
  • Year Built 2025
  • Date Updated Jun 1, 2026

Description

.Arbor Realty Capital Advisors is pleased to present for lease 238 East Highway 246 in Buellton, California. This former free-standing quick-service drive thru restaurant building had prior to recent fire damage a 3,240 square foot building situated on a +/- 36,155 SF land parcel, featuring a drive-thru prominent pylon signage, and ample on-site parking. The property is positioned along Highway 246 with direct visibility from U.S. 101, capturing both strong local traffic and consistent tourist demand from the Santa Ynez Valley/Los Olivos wine county. Surrounding national retailers include Starbucks, McDonalds, Carl's Jr., Taco Bell, Panda Express, Wingstop, CVS, and Albertsons, creating a high-volume retail and dining destination. The property is ideally suited for a restaurant, fast casual concept, or other retail user seeking a high-profile location with excellent demographics and strong cotenancy.

Highlights

  • Approximately 26,093 vehicles/day along US-101 near E HWY 246.
  • Approximately 29,264 vehicles/day on E Hwy 246.
  • Former restaurant building featuring a drive-thru occupied by Burger King.
  • Ground lease opportunity.
  • High-visibility commercial corridor in Buellton, with strong dense concentration of national brand neighbors.
  • Located across from a drive-thru Starbucks and surrounded by national brands such as Taco Bell, Carl's Jr., McDonald's, Subway, Jack in the Box, Wingstop, Panda Express, CVS, Albertsons, and The Habit Burger.

1 Space Available

238 E Highway 246

Space Type

Retail

Lease Rate

$200,000.00/SF/YR

Total Space

3,240 SF

Divisible Space

3,240 - 3,240 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

Matthew Dobson

Arbor Realty Capital Advisors

Location

Located at 238 E Highway 246, Buellton, CA 93427, this property is part of the Buellton neighborhood and Central Coast market.

Contact Listing Broker
Matthew Dobson

Arbor Realty Capital Advisors

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