7109-7121 El Camino Real, Atascadero

This retail building is ideal for the owner-user or investor looking to own a piece of real estate in one of the strongest Shopping Centers in Atascadero. Ideally located at the corner of El Camino and Hwy 41, this property fronts the entrance of the shopping center providing excellent exposure for future tenants. Roof, electrical and HVAC systems are all in good working order according to the Seller. Neighboring Tenants include Starbucks, Rite Aid, Verizon, Pacific Western Bank, Great Clips, Pizza Hut, Give Fitness, Carl's Junior, the 99c and only store, LubeNGo, Mattress Land, Mr. Pickles, Bank of the Sierra and Vons.

Property Type: Retail
Zoning: Commercial Retail
Square Footage: +/- 6,400
APN: 030-081-044
NOI: $120,412.50*
Occupancy: 37.50%
No. Of Floors: 1
Year Built: +/- 1978
Price: $1,650,000
Price per S/F: $257.81

*3Q 2017 NOI annualized assuming sale price property tax basis, a 5% vacancy factor, and a proforma rent of $1.75/SF NNN for the remaining two vacant suites.

Offered at $1,650,000