Description
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. Some tenants are Cannabis related. Price Reduction: Sale Price Now: $3,350,000 ($280 sq. ft.). Current Cap Rate: 8.1%. Proforma Cap Rate 9.9%. 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.
Property Details
Property
- Lot description:Item25UnitsAcre, LotOver40000Sqft, Yard
Measurements
- Acres:1.86
Construction Details
Type & Style
- Property type:Purchase
Utilities / Energy Details
Utility
- Utility source:Private
Community and Neighborhood Details
Location
- County:San Luis Obispo
Financial Details
Pricing Details
- Original List Price:$3, 575, 000
- Buying Agency Compensation:2.500
Other
Source
- MLS #:SC21099563
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Stephen McCarty (#SL01240829)
Listing Office: McCarty Davis, Inc. (#SL125)
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