899 Pacific #100, SLO
Newly remodeled suite in the heart of downtown San Luis Obispo with on-site parking.
Newly remodeled suite in the heart of downtown San Luis Obispo with on-site parking.
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.
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.
This suite is currently configured as open space but can be modified to reflect the attached floor plan, which can provide for up to four exam rooms.
Approximately 300 square foot office with built-in desks, plus 800 square foot open area, tile floor, and good lighting. Ideal for small distributor, computer servicing, or other clean business.
This office suite is comprised of nine private offices, two large meeting rooms, open work areas, and a breakroom.
A turn-key office suite consisting of several private offices, a reception area, and two large meeting rooms.
Ground floor suites with on-site parking, private office(s), open work spaces, and access to shared restrooms and optional shared Conference Room. Excellent freeway access and a short walk to the downtown core. Suite 1: 10′ x 12′ and Suite 2: 17′ x 23′
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.
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.