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5145 Traffic Way 9,640 SF Industrial Condo Unit Offered at $2,200,000 in Atascadero, CA 93422
PROPERTY FACTS
| Total Building Size | 9,640 SF | Typical Floor Size | 9,640 SF |
| Property Type | Industrial (Condo) | Year Built | 1998 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Lot Size | 0.22 AC |
| Floors | 1 | Parking Ratio | 2.07/1,000 SF |
| Zoning | I - To "provide suitable locations for heavy manufacturing and industrial uses within the City" per City of Atascadero Zoning Handbook 2020. | ||
| Total Building Size | 9,640 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 9,640 SF |
| Year Built | 1998 |
| Tenancy | Single |
| Lot Size | 0.22 AC |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | I - To "provide suitable locations for heavy manufacturing and industrial uses within the City" per City of Atascadero Zoning Handbook 2020. |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 UNIT AVAILABLE
Unit 5
| Unit Size | 9,640 SF | Sale Type | Investment |
| Price | $2,200,000 | Cap Rate | 5.45% |
| Price Per SF | $228.22 | NOI | $120,000 |
| Condo Use | Industrial |
| Unit Size | 9,640 SF |
| Price | $2,200,000 |
| Price Per SF | $228.22 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| NOI | $120,000 |
DESCRIPTION
small condominium center on Traffic Way.
SALE NOTES
Excellent investment opportunity! This large industrial building in a small condominium center on Traffic Way offers a solid cap rate of approximately 5.5%. The current long-term tenant, Atascadero Door Company, has been in business for 30+ years and pays $10,000/month NNN. The lease runs through 2029, with two five-year options to extend.
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5145 Traffic Way
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