Adobe Plaza Retail FOR SALE


Atascadero, CA - Atascadero/Templeton
$8,300,000 USD
925-388-0888
, Atascadero, CA for Sale
$8,300,000 USD
Retail - FOR SALE
1/11
null | 6.03% Cap Rate


HIGHLIGHTS

  • Taco Bell and A-Town Diner anchored strip center with diverse mix of national and local tenants located on prime retail corridor
  • 33,564 square foot multi-tenant building with two single tenant pads – 2,791 (A-Town Diner) and 2,244 (Taco Bell) square feet located on 3.65 acres
  • Low in-place rents with considerable upside in converting tenants (70%) on gross leases to NNN and leasing two vacant spaces – 2,244 SF and 1,200 SF
  • Wide array of daily needs tenants attracting both local population as well as year-round tourists
  • Ample parking – 220 spaces and excellent visibility with 900 feet of street frontage, pylon sign and dedicated turn lane
  • Atascadero is located in San Luis Obispo County, midway between Los Angeles and San Francisco in the heart of California’s central coast

ASK ABOUT THIS PROPERTY

Michael CisterninoEssential Capital AdvisorsMore Info
925-388-0888

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Michael CisterninoEssential Capital AdvisorsMore Info
925-388-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.