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1551 Bishop Street B240, San Luis Obispo, CA 93401

Commercial property

1551 Bishop Street B240, San Luis Obispo, CA 93401 Sold October 2024 CRMLS
$1,250,000Sold October 2024

Listing Agent: Derek Senn (DRE #01252131) · Listing Office: Anderson Commercial RE Service · Contact: 805-801-7352 · Bought with: Rick Warren · Coldwell Banker Kellie & Assoc · MLS #SC24088380 · Source: CRMLS

2,400
Building Sq Ft
2,400 sqft
Lot Size
1987
Year Built
Commercial property
Type

About this commercial property

A fully leased medical office condo in the Bishop Medical Plaza. A fantastic investment opportunity. --- Tenant: Community Health Centers --- Rent: $3.50/SF, NNN (with annual CPI increases) --- Lease Expiration: April 30, 2028 --- CAP Rate based upon current net income: 8%.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$1,250,000
Sold October 2024 · on market May 2024 · MLS #SC24088380 · Source: CRMLS
Listing Agent: Derek Senn · Listing Office: Anderson Commercial RE Service · Contact: 805-801-7352 · Bought with: Rick Warren · Coldwell Banker Kellie & Assoc
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