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9330 El Camino Real 12,400 SF Retail Building Atascadero, CA 93422 $1,765,000 ($142.34/SF) 5.33% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy Daytime Traffic
- Existing Tenant
EXECUTIVE SUMMARY
1.28 acres Commercial Service Zoned:Over 12,000SF under roof plus an additional 1,950SF storage. 150' frontage on El Camino Real. Estimated Cap rate is 5% at current rents. EZ access to HWY 101. Three 12x12 roll up doors. One designated loading dock. Great visibility for business traffic. Existing tenant wishes to stay on. A copy of the current lease, ending on 12/31/2026, is available. Offered at $1,765,000
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,400 SF
Building Class
C
Year Built
1982
Price
$1,765,000
Price Per SF
$142.34
Cap Rate
5.33%
NOI
$94,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.23 AC
Zoning
CS - Commercial Service Zoned
Frontage
146’ on El Camino Real
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 056-061-022 | Improvements Assessment | $742,927 |
| Land Assessment | $866,313 | Total Assessment | $1,609,240 |
PROPERTY TAXES
Parcel Number
056-061-022
Land Assessment
$866,313
Improvements Assessment
$742,927
Total Assessment
$1,609,240
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9330 El Camino Real
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