3474 Empresa #150, SLO
Modern flex commercial space with office/warehouse and fenced yard with a storefront and rear roll-up doors. The facility is in immaculate condition.
810 Fiero #220, SLO
Two private offices, a conference room, a kitchenette, and an open work space. There is a large shared conference room directly across the hall.
709 Fiero, SLO (WH)
This flex industrial building is currently configured as office but can be converted to warehouse space with roll-up doors.
599 Higuera #H, SLO
The building is located in the heart of Downtown San Luis Obispo, on the corner of Higuera & Nipomo Streets. The building’s CA Mission design and on-site parking (suite H comes with one parking space) make it a unique offering in San Luis Obispo. The suites are available in their current turn-key condition including private offices and kitchenette.
3565 S. Higuera, SLO
Formerly used as a chiropractic office, this freestanding building has an efficient layout, a generous reception area, and ten on-site parking spaces.
899 Pacific #100, SLO
Newly remodeled suite in the heart of downtown San Luis Obispo with on-site parking.
1135 Santa Rosa #210, SLO
This second floor office suite is located in one of the premier office buildings in downtown San Luis Obispo. The building is prominently located on the corner of Santa Rosa and Marsh Streets and has onsite parking. The office suite has three private offices, a conference room, a large open work area, a kitchenette, and three parking spaces. The finishes in the suite are first class and are detailed in an attached list of building and office suite amenities.
1551 Bishop #210, SLO
A suite with excellent parking in the Bishop Street Medical Complex. This suite is in very good condition and consists of a doctors office, exam rooms, and a reception area.
1304 Ella #CD, SLO
1304 Ella Street Units C and D are comprised of a fully leased and improved surgery center of 6,144 SF (Unit C) as well as a 1/3 LLC interest in a 1,000 SF administrative office (Unit D). Both suites are leased to the San Luis Obispo Surgery Center, a subsidiary of Sutter Heath. Both leases expire on August 31, 2030. The Surgery Center has been a long-term stable tenant, as both leases commenced on September 1, 2015.
The Suite C lease expires on August 31, 2030 and the current net income for the 6,144 SF suite is $18,619.66 per month NNN. There are 2% annual increases on September 1st of each year.
The Suite D lease expires on August 31, 2030 and the current net income for Suite C’s ownership interest is $792.98 NNN. There are 2.5% annual increases on September 1st of each year.
Based upon the current annual net income of $232,952 the cap rate at the asking price of $3,515,000 is 6.6%.
1304 Ella Street is located directly adjacent to the French Hospital Medical Center, San Luis Obispo County’s preeminent hospital.
175 Santa Rosa, SLO
Small freestanding building that overhangs the creek with great exposure and signage on Santa Rosa Street/Highway 1. The floor plan consists of four private offices, a conference room, large reception area and restroom.