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.
Property Details
Price:
$3,350,000
MLS #:
SC21099563
Status:
Active
Baths:
0
Address:
2115 Willow Road
Type:
Commercial
Subtype:
Industrial
Neighborhood:
agwestofhwy101
City:
Arroyo Grande
Listed Date:
May 10, 2021
State:
CA
ZIP:
93420
Schools
Interior
Exterior
Water Source
Private
Financial
Buyer Agent Compensation
2.500
Map
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2115 Willow Road
Arroyo Grande, CA
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