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Five Cities Center 1160 W Branch St 1,233 - 44,013 SF of Retail Space Available in Arroyo Grande, CA 93420
HIGHLIGHTS
- Exceptional demographics, freeway visibility, & traffic counts
- Anchors include Wal-Mart, Office Max, Marshalls, Food 4 Less, & Trader Joe's
- Directly off US 101 Freeway, which had over 60,000 Average Daily Travelers in 2021
- Arroyo Grande's highest trafficked shopping center with ample parking of 5 per 1000 sf
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B-5 | 1,233 SF | 3-5 Years | $31.80 /SF/YR $2.65 /SF/MO $39,209 /YR $3,267 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste D | 10,000-24,000 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $576,000 /YR $48,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste F-0 | 7,225 SF | Negotiable | $31.80 /SF/YR $2.65 /SF/MO $229,755 /YR $19,146 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste J-1 | 2,600 SF | Negotiable | $31.80 /SF/YR $2.65 /SF/MO $82,680 /YR $6,890 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste J-4 | 2,655 SF | Negotiable | $31.80 /SF/YR $2.65 /SF/MO $84,429 /YR $7,036 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste M | 6,300 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $207,900 /YR $17,325 /MO | Triple Net (NNN) |
1134-1150 W Branch St - 1st Floor - Ste B-5
Quick service space available.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
1128-1130 W Branch St - 1st Floor - Ste D
Anchor space located between Food4Less and Marshalls.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Anchor Space
- Anchor space in a Walmart-anchored Center
1134-1150 W Branch St - 1st Floor - Ste F-0
Space can be divisible for two-tenant configuration. Existing fitness tenant on month-to month lease.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Existing fitness tenant
1134-1150 W Branch St - 1st Floor - Ste J-1
2nd Gen restaurant space
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air Conditioning
1134-1150 W Branch St - 1st Floor - Ste J-4
Located near high volume Trader Joes.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Central Air Conditioning
991 Rancho Pky - 1st Floor - Ste M
Standalone Restaurant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Central Air Conditioning
- Standalone restaurant
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT FIVE CITIES CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Chase Bank
- Bank
- 7,622
- National
- Fitness 19
- Fitness
- 213
- National
- Food 4 Less - PAQ, Inc
- Supermarket
- 16
- Local
- Marshalls
- Dept Store
- 1,431
- International
- OfficeMax
- Office Supply
- 492
- International
- Walmart
- Dept Store
- 4,912
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Chase Bank | Bank | 7,622 | National |
| Fitness 19 | Fitness | 213 | National |
| Food 4 Less - PAQ, Inc | Supermarket | 16 | Local |
| Marshalls | Dept Store | 1,431 | International |
| OfficeMax | Office Supply | 492 | International |
| Walmart | Dept Store | 4,912 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
Five Cities Center is southern San Luis Obispo County's dominant Power Center in the trade area. The property features national tenants such as Wal-Mart (ranked Top 1% nationally for annual visitors), Marshall's, Trader Joe's, Petco, and Food 4 Less, along with a host of restaurants and retailers to serve Arroyo Grande and neighboring cities.
- Freeway Visibility
NEARBY MAJOR RETAILERS
Presented by
Five Cities Center | 1160 W Branch St
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