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Leased Investment for sale: +/- 12,000 sq. ft. warehouse building. 81% leased ( 4 tenants and 1 vacancy of +/- 2,275 sq. ft.). Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Sale Price: $3,350,000 ($280 sq. ft.). Current Cap Rate: 6.6%. Proforma Cap Rate 8.7%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.
| Last Updated | 9/5/2023 | Community | AG-West of Hwy 101 |
|---|---|---|---|
| County | San Luis Obispo |
Price History
| Prior to Sep 5, '23 | $3,575,000 |
|---|---|
| Sep 5, '23 - Today | $3,350,000 |
Additional Details
| AREA | AG-West of Hwy 101 |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.500 % |
| LOT | 1.86 acre(s) |
| LOT DESCRIPTION | 2-5 Units/Acre, Lot Over 40000 Sqft, Yard |
| WATER | Private |
Location
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