Greg Malik Real Estate

IQWeb_Description

The Campanile Building Retail/Service Complex offers prospective investors an opportunity to acquire a 31,310 square foot multi-tenant retail/service complex located in San Luis Obispo, California. The property is located at 3566 South Higuera Street, along a major retail thoroughfare in San Luis Obispo. The property is leased to six local tenants and is 65% occupied. Upgrades to the building exteriors were recently completed, which have enhanced the appeal of this quality property. The property includes a showroom/retail presence, as well as a flex/warehouse or service commercial component in the rear of the site. It is located within one-half mile driving distance from the 101 Freeway, with approximately 143 feet of frontage on South Higuera Street, near the intersection of Granada Drive and South Higuera Street which has traffic counts of 17,000 cars per day. Proforma NOI: $380,738/Year

IQWeb_Details

IQWeb_MLSSP17243885
IQWeb_StyleIQWeb_Retail
IQWeb_SubtypeResale
IQWeb_StatusActive
IQWeb_Days_on_Site294

IQWeb_Features

IQWeb_SQ_Feet31,310
IQWeb_Storys0

IQWeb_Market_Activity 93401

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IQWeb_Area_Information

IQWeb_StateCA
IQWeb_CountySan Luis Obispo
IQWeb_CitySan Luis Obispo
IQWeb_Zip_Code93401
IQWeb_AreaSLO - San Luis Obispo
Listing VS Median (in 93401)
Price:
$6,000,000
low | high
Med:
$449,000
100% of Average
SqFt:
31,310
low | high
Med:
1,109
100% of Average
$ / SqFt:
$192
low | high
Med:
$408
62.770556154222% of Average
On Site:
294
low | high
Med:
91
100% of Average
IQWeb_Listing_Updated: 08/14/2018
MLS Number: SP17243885
IQWeb_Listing_Provided_By:
Preston Thomas, SIOR  IQWeb_of  Rossetti Company
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