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EXECUTIVE SUMMARY
Introducing the former Rite Aid building, a 16,320 SF freestanding retail asset situated at the signalized intersection of E. Grand Ave and Halcyon Rd; one of the most highly trafficked corridors in Arroyo Grande trade area. Positioned within close proximity to US-101 and surrounded by national retailers including Walmart, CVS, Starbucks, and Food 4 Less, this property offers exceptional visibility, ingress/egress, and consumer draw.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,320 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.58 AC
Zoning
GMU - Gateway Mixed Use
Frontage
291’ on South Oak Park Boulevard
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 077-071-010 | Improvements Assessment | $2,382,325 |
| Land Assessment | $2,351,586 | Total Assessment | $4,733,911 |
PROPERTY TAXES
Parcel Number
077-071-010
Land Assessment
$2,351,586
Improvements Assessment
$2,382,325
Total Assessment
$4,733,911
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Rite Aid | 1690 E Grand Ave
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