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$1,845,000

FOR SALEActive

5145 Traffic

Atascadero CA 93422

9,640

SF

Industrial

Type

1998

Built

$191/SF

Cost/SF

208 days on marketNalren refreshed

Listing Agent

Ryan Benson

Listing Agent

DRE #: 01949307

(805) 550-1980

Brokerage: Peak Properties

Location Analysis

MapProperty Location

About This Property

Prime investment or 1031 exchange opportunity in Atascadero at a 6.5% cap rate! This well-maintained 9,640 square foot commercial building is located along a strong commercial corridor in North San Luis Obispo County and is being offered with an established long-term local tenant in place under a triple net lease, creating immediate income and a more passive ownership profile. At a 6.5% cap rate, this is an attractive option for investors seeking stable returns in a proven Central Coast market. The property offers the kind of functionality that keeps commercial buildings like this in demand year after year, with multiple roll-up doors, a showroom component, and off-street parking. These are the practical features that serve real business needs, making this an asset that should remain desirable over the long term for both commercial tenants and future owner users alike. Even though the current sale is tailored to an investor, the underlying utility and flexibility of the building add to its lasting value. For buyers looking to place 1031 exchange funds, this is the type of asset that stands out: well maintained, income producing, strategically located, and supported by an in-place tenant. Opportunities to acquire a stabilized commercial property with current cash flow, durable building utility, and long-term market appeal are increasingly hard to find.

Property Information

Property Overview

Commercial - Industrial

Property Type

Active

Status

0.2213 acres

Lot Size

1

Total Units

9,640 SF

Square Footage

$191.39/SF

Price per SF

6.00%

Cap Rate

$120K

NOI

1,998

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

6% Cap Rate

Location Analysis

Map

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