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6955 El Camino Real, Atascadero, CA 93422

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High quality single tenant net lease (STNL) investment located on the Central Coast. Triple Net Corporate Lease with First Choice Physician Partners, a subsidiary of Tenet Healthcare Corporation, and guaranteed by Twin Cities Community Hospital, Inc. 10-Year initial lease term with +/- 9 years remaining with fixed 3% annual increases to the Base Rent. Property was extensively renovated in 2017/18 and is ideally located on the corner of El Camino Real and State Route 41 where two major arterial roadways connect making it one of Atascadero's most important intersections in the City. Current Net Operating Income (in-Place) is $511,280.40 Please click on the supplemental link to access the full offering memorandum regarding this investment opportunity.

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6955 El Camino Real, Atascadero, CA 93422

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6955 El Camino Real

Atascadero, CA 93422

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Atascadero, CA 93422

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6955 El Camino Real

Atascadero, CA 93422

[GET DIRECTIONS]


Start: 

End: 

6955 El Camino Real

Atascadero, CA 93422

$10,225,000

Listed On 03/05/2019

Status: Active

15,091 Square Feet

Listing #NS19078379 (CRMLS MLS)

London Properties, Ltd.

LONDON PROPERTIES, LTD.

REALTOR® / Lic. #00463722

559.436.4071

info@londonproperties.com

London Properties

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

London Properties, Ltd.

[GET DIRECTIONS]

6955 El Camino Real

Atascadero, CA 93422

6955 El Camino Real

Atascadero, CA 93422

[GET DIRECTIONS]


London Properties, Ltd.

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

London Properties, Ltd.

$10,225,000 15,091 Square Feet Status: Active Listing #NS19078379 (CRMLS MLS) Listed On 03/05/2019

High quality single tenant net lease (STNL) investment located on the Central Coast. Triple Net Corporate Lease with First Choice Physician Partners, a subsidiary of Tenet Healthcare Corporation, and guaranteed by Twin Cities Community Hospital, Inc. 10-Year initial lease term with +/- 9 years remaining with fixed 3% annual increases to the Base Rent. Property was extensively renovated in 2017/18 and is ideally located on the corner of El Camino Real and State Route 41 where two major arterial roadways connect making it one of Atascadero's most important intersections in the City. Current Net Operating Income (in-Place) is $511,280.40 Please click on the supplemental link to access the full offering memorandum regarding this investment opportunity.
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General Information
Property Type Commercial Sale Property Subtype(s) Office
Price Per Sq. Ft. $677.56 Days On Market 78
APN 029 361 021 Year Built 1980
County San Luis Obispo Water Source Public
Directions Located on the corner of El Camino Real and Hwy 41    
Property Type Commercial Sale
Property Subtype(s) Office
Price Per Sq. Ft. $677.56
Days On Market 78
APN 029 361 021
Year Built 1980
County San Luis Obispo
Water Source Public
Directions Located on the corner of El Camino Real and Hwy 41

Nearby Amenities

Restaurants

Groceries

Nightlife

Shopping

Arts & Entertainment

AJ's Kitchen

AJ's Kitchen

4.5 star rating

(343 Reviews)

Mexican

$

Street Side Ale House & Eatery

Street Side Ale House & Eatery

4.5 star rating

(327 Reviews)

Pubs

$$

Dan's The Grub Shack

Dan's The Grub Shack

4.5 star rating

(395 Reviews)

Burgers

$$

La Parrilla

La Parrilla

4.5 star rating

(121 Reviews)

Mexican

$$

Sylvester's Burgers

Sylvester's Burgers

4.0 star rating

(387 Reviews)

Burgers

$

Hush-Harbor Artisan Bakery

Hush-Harbor Artisan Bakery

4.0 star rating

(252 Reviews)

Bakeries

$$

Back Porch Bakery

Back Porch Bakery

4.5 star rating

(135 Reviews)

Bakeries

$

Bru Coffeehouse

Bru Coffeehouse

4.0 star rating

(179 Reviews)

Cafes

$

Kochi Korean Bbq & Shabu Shabu

Kochi Korean Bbq & Shabu Shabu

4.0 star rating

(308 Reviews)

Korean

$$

Central Coast Cafe

Central Coast Cafe

5.0 star rating

(82 Reviews)

Salad

$$

Thai Elephant Restaurant

Thai Elephant Restaurant

4.0 star rating

(204 Reviews)

Thai

$$

Byblos Mediterranean Grill

Byblos Mediterranean Grill

4.5 star rating

(145 Reviews)

Mediterranean

$$

A-Town Diner

A-Town Diner

4.0 star rating

(172 Reviews)

Breakfast & Brunch

$

Country Touch Cafe

Country Touch Cafe

4.0 star rating

(161 Reviews)

Breakfast & Brunch

$$

Guest House Grill

Guest House Grill

4.0 star rating

(297 Reviews)

Steakhouses

$$

El Compadre

El Compadre

4.0 star rating

(108 Reviews)

Mexican

$

In-N-Out Burger

In-N-Out Burger

4.0 star rating

(180 Reviews)

Burgers

$

Toshi's Sushi

Toshi's Sushi

4.0 star rating

(158 Reviews)

Japanese

$$

Atascadero Bistro

Atascadero Bistro

4.5 star rating

(67 Reviews)

Sandwiches

$

Mr Pickle's Sandwich Shop

Mr Pickle's Sandwich Shop

4.5 star rating

(54 Reviews)

Sandwiches

$


Interior
Heating / Cooling Central / Central Air    
Heating / Cooling Central / Central Air

Exterior
Spa No Pool No
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No Net Operating Income $511,280.40
REO/Bank Owned No
Net Operating Income $511,280.40

Courtesy of Corban Holland, Pacifica Commercial Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

6955 El Camino Real, Atascadero, CA 93422
 
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