709 Fiero, SLO (WH)
This flex industrial building is currently configured as office but can be converted to warehouse space with roll-up doors.
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.
277 South #R, SLO
This office suite is comprised of nine private offices, two large meeting rooms, open work areas, and a breakroom.
202 Tank Farm #F2, SLO
A warehouse with a 28 foot clear height at the apex, two mezzanines, a 660 square foot office, a 14 foot roll-up door, and a secure, fenced 2,700 square foot yard.
145 Prado, SLO
This freestanding building has excellent exposure and freeway access. It is comprised of perimeter offices, an open work area, a break room, two restrooms, and a storage area with roll-up door. There are 22 parking spaces (1/241 SF). Please do not disturb occupants.
406 Higuera, SLO
Several configurations are available. There are five suites which provide the flexibility of occupying anything from 2,262 SF to 19,081 SF. This location, which overlooks San Luis Creek and San Luis Mountain, is within a short walk to downtown, and is directly adjacent to the US 101 interchange and the San Luis Mountain trailhead. Plentiful on-site parking.
3050 Broad #101, SLO
Contains approximately 4,000 SF of office space, a 4,616 SF warehouse and shop area and a 1,200 SF bonus storage mezzanine.
765 Foothill, SLO
Unique opportunity to capture an existing drug anchor location with 30+ years of strong sales. In addition, the shopping center recently completed a renovation ($6,000,000+) that positions this location as the prominent shopping center on the north end of San Luis Obispo, including close proximity of California Polytechnic Sate University (“Cal Poly”) with over 20,000 students and faculty. Highway 1 and 101 provide convenient access to all of San Luis Obispo.