A 19,400 sf Class A Medical Office building with 18,765 sf of net rentable space on a 1.3 acre parcel among many other medical facilities and very close to Twin Cities Hospital. The building is 100% leased out - (though Suite 100 has been vacated by the Credit Tenant, LabCorp, the leases run through 2021 and the payments remain timely and current). The property is being offered for sale by the partnership that has owned it since 2002 as the partners are beginning to retire. Offered at a 6% cap rate on current actuals, the property has $3.1m of assumable existing debt that was acquired in March 2018. We invite and will respond to all reasonable offe

  • MLS# PI18287094
  • Style IQWeb_Office Bldg
  • Sub-Type Resale
  • Status Active
  • Year 2002
  • Days On Site 4
SQ Feet 19,400
Story(s) 0
Zoning OP
Listing Provided By:
Mark Burnes  of  Burnes Commercial Group
 
 
 
 
 
this listing $7,600,000
1,120.88%
$622,500 in 93465
this listing 19,400 SqFt
1,492.12%
1,219 SqFt in 93465
this listing $392 $/SqFt
33.34%
$588 $/SqFt in 93465
this listing 4 on site
91.92%
49.5 on site in 93465

Location

State CA
County San Luis Obispo
City Templeton
Zip Code 93465
Area TTON - Templeton

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