5145 Traffic,Atascadero, CA 93422
Atascadero, CA 93422
Description
Prime investment or 1031 exchange opportunity in Atascadero at a 6.5% cap rate! This well-maintained 9,640 square foot commercial building is located along a strong commercial corridor in North San Luis Obispo County and is being offered with an established long-term local tenant in place under a triple net lease, creating immediate income and a more passive ownership profile. At a 6.5% cap rate, this is an attractive option for investors seeking stable returns in a proven Central Coast market. The property offers the kind of functionality that keeps commercial buildings like this in demand year after year, with multiple roll-up doors, a showroom component, and off-street parking. These are the practical features that serve real business needs, making this an asset that should remain desirable over the long term for both commercial tenants and future owner users alike. Even though the current sale is tailored to an investor, the underlying utility and flexibility of the building add to its lasting value. For buyers looking to place 1031 exchange funds, this is the type of asset that stands out: well maintained, income producing, strategically located, and supported by an in-place tenant. Opportunities to acquire a stabilized commercial property with current cash flow, durable building utility, and long-term market appeal are increasingly hard to find.
Details
| MLS # | SC26071311 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 134 |
| Listing Provided By | Peak Properties | Ryan Benson |
Features
| SQ Feet | 9,640 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.22 |
Exterior
| Lot Features | Level |
|---|
Area Information
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Atascadero |
| Zip Code | 93422 |
| Area | ATSC Atascadero |
| Listing VS Median (in 93422) | |
Price: $1,845,000 low | high Med: $789,000 sqft: 9,640 low | high Med: 1,252 $ / sqft: $191 low | high Med: $630 On site: 134 low | high Med: 32 | |
Market Activity 93422
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Atascadero |
| Zip Code | 93422 |
| Area | ATSC Atascadero |
| Listing VS Median (in 93422) | |
Price: $1,845,000 low | high Med: $789,000 sqft: 9,640 low | high Med: 1,252 $ / sqft: $191 low | high Med: $630 On site: 134 low | high Med: 32 | |