8951 Morro Rd | Atascadero, CA 93422
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8951 Morro Rd
Atascadero, CA 93422
Office Property For Sale
PROPERTY FACTS
Property Type
Office
Building Size
2,996 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,996 SF
Building FAR
0.20
Lot Size
0.34 AC
Zoning
CP - Commercial Professional
Parking
17 Spaces (5.67 Spaces per 1,000 SF Leased)
ABOUT 8951 MORRO RD , ATASCADERO, CA 93422
FREE STANDING COMMERCIAL BUILDING ON A SIGNALIZED CORNER LOT. AMPLE PARKING WITH 18 ON SITE PARKING SPACES. APPROXIMATELY 3,000 SQ. FEET. GREAT LOCATION NEAR ATASCADERO LAKE PARK. SINGLE TENANT LEASE WITH 4 YEARS REMAINING ON LEASE WITH 3% ANNUAL INCREASE AND OPTION TO RENEW FOR AN ADDITIONAL 5 YEARS. FINANCIALS AVAILABLE. 5.55 CAP RATE ON EXISTING RENT. TRUE NNN LEASE / 5.78 CAP RATE OVER 4 YEAR TERM. AVAILABLE FOR $1,000,000
PROPERTY TAXES
| Parcel Number | 031-302-014 | Improvements Assessment | $551,412 |
| Land Assessment | $384,948 | Total Assessment | $936,360 |
PROPERTY TAXES
Parcel Number
031-302-014
Land Assessment
$384,948
Improvements Assessment
$551,412
Total Assessment
$936,360
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