Multi-Tenant R&D & Advanced Manufacturing Investment

This property sits at the center of the Central Coast's institutional R&D and advanced manufacturing ecosystem. Raytheon Technologies, Teledyne Technologies, Anduril Industries, and Lockheed Martin operated throughout Goleta, creating sustained demand for quality industrial and R&D space. The asset is ready for repositioning. Situated on a large strategic parcel, the building can be reconfigured to meet evolving tenant requirements. The property benefits from an exceptionally rare 12,000A at 277/480V three-phase-approximately 10 MW of installed service. The facility includes heavy power infrastructure suitable for advanced manufacturing and testing operations. Supply of comparable space is constrained and new construction is extremely limited.

Current tenant structure includes Raytheon Technologies operating as the primary occupant of 15,036 SF under a lease extending through August 2031, with annual rent of $261,626 and 3% escalations. Crio Bru LLC and Voli Wellness occupy approximately 20,000 SF combined and are Esperer Holdings affiliated entities. Upon closing, the seller through Esperer Holdings will offer a 12 month post close leaseback, providing immediate income stability while the new owner evaluates repositioning opportunities in this supply-constrained market.