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692 Marsh St 4,180 SF Retail Building San Luis Obispo, CA 93401 $4,136,000 ($989.47/SF) 4.25% Cap Rate



Investment Highlights
- Ecommerce Resistant Tenant Lineup | NNN Lease
- Rare Downtown San Luis Obispo Opportunity | Strong Demographics in 5-Mile Trade Area | Affluent Incomes
- Signalized, Hard Corner Intersection | Nearby Medical Facilities |California Polytechnic State University (23,000+ Students)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,180 SF
Building Class
B
Year Built
1935
Price
$4,136,000
Price Per SF
$989.47
Cap Rate
4.25%
NOI
$175,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.26 AC
Frontage
43’ on Marsh Street
Very walkable
80/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 002-422-024 | Improvements Assessment | $598,230 |
| Land Assessment | $1,248,480 | Total Assessment | $1,846,710 |
Property Taxes
Parcel Number
002-422-024
Land Assessment
$1,248,480
Improvements Assessment
$598,230
Total Assessment
$1,846,710
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