Log In/Sign Up
Your email has been sent.
Sonic 4500 San Palo Rd 2,856 SF Retail Building Atascadero, CA 93422 $3,000,000 ($1,050.42/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Built in 1999 and extensively renovated in 2024
- Across the street from a high-volume In-N-Out
- 10 Years Absolute NNN Lease to commence on close of escrow
EXECUTIVE SUMMARY
10-year Absolute NNN Lease with 10% increases every 5 years. The site is conveniently located between San Luis Obispo and Paso Robles, offering easy access to beaches, wineries, and vibrant downtown areas with high visibility along US Highway 101.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,856 SF
Building Class
C
Year Built/Renovated
1999/2024
Price
$3,000,000
Price Per SF
$1,050.42
Cap Rate
5%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.96 AC
Zoning
CT, SLO - Commercial Tourist
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
195’ on San Palo Rd
AMENITIES
- Freeway Visibility
- Pylon Sign
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | 049-225-011 | Improvements Assessment | $1,008,147 |
| Land Assessment | $848,966 | Total Assessment | $1,857,113 |
PROPERTY TAXES
Parcel Number
049-225-011
Land Assessment
$848,966
Improvements Assessment
$1,008,147
Total Assessment
$1,857,113
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Sonic | 4500 San Palo Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.