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9330 El Camino Real 12,400 sq ft Retail Property Atascadero, CA 93422 £1,327,467 (£107.05/sq ft) 5.33% Net Initial Yield
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 Under Offer
Sale Type
Investment
Property Type
Retail
Property Subtype
Standalone
Property Size
12,400 sq ft
Costar Property Class
C
Year Built
1982
Price
£1,327,467
Price per sq ft
£107.05
Yield
5.33%
NOI
£70,698
Tenancy
Single
Number of Floors
1
Plot ratio
0.23
Total Plot Size
1.23 ac
Use Class
CS - Commercial Service Zoned
Frontage
146 ft on El Camino Real
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 056-061-022 | Improvements Assessment | £558,760 |
| Land Assessment | £651,559 | Total Assessment | £1,210,319 |
PROPERTY TAXES
Parcel Number
056-061-022
Land Assessment
£651,559
Improvements Assessment
£558,760
Total Assessment
£1,210,319
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9330 El Camino Real
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