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Listed by Valerie Walla • Century 21 Masters
$ 2,200,000
Est. payment /mo
Active
Atascadero, CA 93422
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC-25042209
Year Built 1998
Property Sub-Type Industrial
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Excellent investment opportunity! This large industrial building in a small condominium center on Traffic Way offers a solid cap rate of approximately 5.5%. The current long-term tenant, Atascadero Door Company, has been in business for 30+ years and pays $10,000/month NNN. The lease runs through 2029, with two five-year options to extend.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning Industrial
Interior
Laundry None
Building
Lot Description Level, 0-1 Unit/Acre
Others
Virtual Tour https://youtu.be/SInz5VW_Q3I
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944