ABOUT 6955 EL CAMINO REAL , ATASCADERO, CA 93422

  • Price: $10,225,000
  • Sale Type: Investment
  • Cap Rate: 5.00%
  • Sale Conditions: 1031 Exchange Investment Triple Net
  • Property Type: Retail
  • Property Sub-type: Storefront Retail/Office Office Medical
  • Building Class: C
  • Lot Size: 0.64 AC
  • Gross Leasable Area: 15,091 SF
  • No. Stories: 2
  • Year Built: 1980
  • Parking Ratio: 1.99/1,000 SF
  • Zoning Description: DC
  • APN / Parcel ID: 029-361-021

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DESCRIPTION

Downtown Retail Corridor on El Camino – El Camino Real is THE primary commercial corridor in Atascadero, paralleling CA-Hwy 101 with neighboring retailers including Galaxy Theatre, Starbucks, Bank of The West, Pizza Hut, Vons, CVS, Union Bank, UPS Store, Taco Bell, Carl’s Jr., The Habit Burger, Med Post Urgent Care, GreatClips, and Verizon.

HIGHLIGHTS

  • Long Term Corporate Guaranteed NNN Lease
  • Hard Corner, High Traffic, Freeway Adjacent Location
  • Recently Renovated Throughout