Greg Malik Real Estate
3536 S Higuera Street
San Luis Obispo, CA 93401

$6,000,000

Description

Tenwise Park offers prospective investors an opportunity to acquire a fully leased, 25,454 SF multi-tenant retail/service complex located in San Luis Obispo, California. The property is located at 3536 and 3546 South Higuera Street, a major retail thoroughfare in San Luis Obispo. The buildings are of concrete block construction and are 100% leased to six local tenants. Upgrades to the building exteriors were recently completed, which have enhanced the appeal of this quality property. Tenwise Park benefits from stable cash flow and a strong tenant base in an ideal San Luis Obispo location. NOI: $309,981

Details

MLS#SP17166060
StyleRetail
Sub-TypeResale
StatusActive
Days On Site425

Features

SQ Feet25,454
Story(s)0

Market Activity 93401

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Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Listing VS Median (in 93401)
Price:
$6,000,000
low | high
Med:
$525,000
100% of Average
SqFt:
25,454
low | high
Med:
1,376
100% of Average
$ / SqFt:
$236
low | high
Med:
$382
11.862281976744% of Average
On Site:
425
low | high
Med:
104
100% of Average
Listing Updated: 09/17/2018
MLS Number: SP17166060
Listing Provided By:
Preston Thomas, SIOR  of  Rossetti Company
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