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.
SC21099563
Industrial, Business Opportunities, Other
San Luis Obispo
1.86
Acres
Private
12,000
Sq. Ft.
Detailed Room Information
- Laundry
- None
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Additional Exterior/Lot Features
- 2-5 Units/Acre,Lot Over 40000 Sqft,Yard.
Financial Considerations
091195003
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