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High profile Arroyo Grande location with a quality retail NNN leased investment. Arroyo Town and Country Shopping Center is located near the signalized corner of East Grand Avenue and Courtland Street. The offering is 100% occupied andĀ consists of 14 suites totaling 26,750 leasable square feet located on both sides of the Smart & Final market.Ā Ā The shopping center is co-anchored by Dollar Tree and Smart & Final which are not included in this offering. The shopping center has abundant parking and is a host to a weekly farmers market. The diversified tenant mix attracts a strong traffic flow to this friendly neighborhood shopping center. ThisĀ investmentĀ provides a mix of internet resistant businesses and includes many long term tenants. Exterior tenant signage, ceiling lights and exterior lighting have been upgraded to LED. Other improvements include the replacement of 21 HVAC units in 2014/2015. A new roof and roof hatch were installed on the western parcel in October of 2023. There is potential for further development of a mixed use project on a portion of the parking area.
| Last Updated | 4/18/2024 | Year Built | 1982 |
|---|---|---|---|
| Community | Arroyo Grande | County | San Luis Obispo |
Additional Details
| AREA | Arroyo Grande |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.000 % |
| LOT | 2.52 acre(s) |
| LOT DESCRIPTION | Street Level |
| STORIES | 1 |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| WATER | Public |
Location
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Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/24 8:52 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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