899 Pacific #100, SLO
Newly remodeled suite in the heart of downtown San Luis Obispo with on-site parking.
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.
1250 Peach #C, SLO
This handsomely remodeled suite features a reception area; a kitchenette and bathroom; a deck with views of San Luis Mountain; and two offices with separate entrances. The suite is located in a peaceful neighborhood in the coveted Fremont Medical Center, with its beautiful trees and lush landscaping. Conveniently near freeway access and downtown, the stylish and professional suite has ample parking. A must-see.
1409 Monterey, SLO
A well-located CR zoned suite in the heart of the upper Monterey business district. The CR zone allows for many uses, including retail, restaurant, office, and fitness uses. Owner is willing to provide an improvement allowance subject to a tenant’s offering terms.
1326 Chorro, SLO
Stunning mid-century building with three offices, reception, and conference room, restroom, balcony, storage, and parking. Close to downtown. Utilities & WIFI included.
100 Casa #D3, SLO
A very nice, ground floor medical office located across the street from Sierra Vista Hospital. The suite has excellent onsite parking, four exam rooms, reception area, nurse’s station, doctor’s office and two restrooms. The tenants pay separately metered utilities.
1457 Marsh #200, SLO
This office space provides unique work environment surrounded by nature. This cozy office suite, situated in a tranquil park-like setting, offers a refreshing alternative to the typical corporate office. The building is nestled among mature trees and is bordered by a picturesque creek. Step outside to enjoy the fresh air and take advantage of the private outdoor seating areas, perfect for casual meetings. The office suite is move-in ready, includes three private offices and features large windows that offer scenic views of the surrounding greenery. Parking is in common.
202 Tank Farm, Bldg C, SLO
A fully insulated and air-conditioned warehouse/office with significant power and a small yard. The property includes a manufactured home. A 3,200 SF warehouse with office and yard space, and a 480 SF manufactured home.
285 South #I, SLO
Two configurations available consisting of reception, private offices, open work areas, kitchenettes, and en-suite restrooms.
1312 Santa Rosa, SLO
A well-located freestanding structure that was most recently used as a medical office. This property is being sold as-is.