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Bear Valley Center 12300-12330 Los Osos Valley Rd 24,496 SF 100% Leased Retail Building San Luis Obispo, CA 93405 $6,995,000 ($285.56/SF)
INVESTMENT HIGHLIGHTS
- Close proximity to highway entrance and exit
- Great exposure
- Located on a high traffic road
EXECUTIVE SUMMARY
The Bear Valley Center strip center presents a rare opportunity to acquire an income-producing asset on Los Osos Valley Road, one of San Luis Obispo’s busiest commercial corridors. The property consists of 15 tenants, currently 100% occupied. Strategically located near the SLO Ranch project and national retailers such as Target, Costco, Home Depot and Whole Foods, the center offers excellent visibility (+26,171 AADT), strong freeway access, and 106 on-site parking spaces.
PROPERTY FACTS In Escrow
Sale Type
Investment NNN
Property Type
Retail
Building Size
24,496 SF
Building Class
B
Year Built
1987
Price
$6,995,000
Price Per SF
$285.56
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.38 AC
Zoning
CS - Commercial Service
AMENITIES
- Air Conditioning
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 053-151-019 | Improvements Assessment | $2,244,000 |
| Land Assessment | $3,570,000 | Total Assessment | $5,814,000 |
PROPERTY TAXES
Parcel Number
053-151-019
Land Assessment
$3,570,000
Improvements Assessment
$2,244,000
Total Assessment
$5,814,000
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Bear Valley Center | 12300-12330 Los Osos Valley Rd
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