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689 Tank Farm Rd
San Luis Obispo, CA 93401
Office Property For Sale
·
8,051 SF


Executive Summary
HIGHLIGHTS: Prime investment property on one of the main intersections in San Luis Obispo. Located on the corner of Broad Street and Tank Farm Road with easy access to Downtown, the Highway, and minutes away from SLO Airport. Suite 240 is currently leased and is 2,490/sf. Suite 230 is 5,561/sf and is also leased at $1.75/SF NNN. It offers an open floorplan, 8 offices, a conference room, and lobby area. The building features an elevator to service the building and common area restrooms throughout. These second floor suites have great views.
Property Facts
| Total Building Size | 8,051 SF | Typical Floor Size | 8,051 SF |
| Property Type | Office | Year Built | 2006 |
| Property Subtype | Loft/Creative Space | Lot Size | 1.33 AC |
| Building Class | A | Parking Ratio | 9.94/1,000 SF |
| Floors | 2 | ||
| Zoning | BP - Business Park | ||
| Total Building Size | 8,051 SF |
| Property Type | Office |
| Property Subtype | Loft/Creative Space |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 8,051 SF |
| Year Built | 2006 |
| Lot Size | 1.33 AC |
| Parking Ratio | 9.94/1,000 SF |
| Zoning | BP - Business Park |
Amenities
- Reception
- Central Heating
- Air Conditioning
2 Units Available
Unit 140
| Unit Size | 7,727 SF | Cap Rate | 7.09% |
| Condo Use | Office/Medical | NOI | $173,762 |
| Sale Type | Investment or Owner User | APN/Parcel ID | 053-415-033 |
| Unit Size | 7,727 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.09% |
| NOI | $173,762 |
| APN/Parcel ID | 053-415-033 |
Description
Prime medical office space on one of the main intersections in San Luis Obispo. Located on the corner of Broad Street and Tank Farm Road with easy access to Downtown, the Highway, and minutes away from SLO Airport. It offers an open floorplan with 5 offices, a conference room, kitchenette and lobby area. The building features an elevator to service the building and common area restrooms throughout. This first floor suite has great visibility and is available for lease at $1.75/SF NNN ($0.94).
Unit 230 & 240
| Unit Size | 8,051 SF | Cap Rate | 7.11% |
| Condo Use | Office | NOI | $181,197 |
| Sale Type | Investment | APN/Parcel ID | 053-415-034 |
| Unit Size | 8,051 SF |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.11% |
| NOI | $181,197 |
| APN/Parcel ID | 053-415-034 |
Description
Prime partial investment property on one of the main intersections in San Luis Obispo. Located on the corner of Broad Street and Tank Farm Road with easy access to Downtown, the Highway, and minutes away from SLO Airport. Suite 240 is currently leased and is 2,490/sf. Suite 230 is 5,561/sf and is also currently leased at $1.75/sf, NNN. The building features an elevator to service the building and common area restrooms throughout. These second floor suites have great views.
