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https://www.londonproperties.com/property/link/crmls/SC25042209/5145-Traffic-Way-5/Atascadero/https://www.londonproperties.com/images/props/crmls/full/SC25042209.jpgLondon Properties Atascadero Real Estate | 5145 Traffic Way #5
Listing Agent: Valerie Walla, Century 21 Masters Listing Co-Agent: Mike Sherer, Century 21 Masters
Excellent investment opportunity! This large industrial building in a small condominium center on Traffic Way offers a solid cap rate of approximately 5.5%. The current long-term tenant, Atascadero Door Company, has been in business for 30+ years and pays $10,000/month NNN. The lease runs through 2029, with two five-year options to extend.
Property Type
Commercial Sale
Property Sub Type
Industrial
Year Built
1998
Special Listing Conditions
Standard
Stories Total
1
Current Use
Industrial
Number Of Buildings
1
Entry Level
1
Building Status
Existing
Price Per Square Foot
$228
Days On Market
292
County Or Parish
San Luis Obispo
Investment Property Y/N
Yes
Directions
East on Traffic Way from El Camino Real
Sign On Property Y/N
Yes
Laundry Features
None
Construction Materials
Steel Siding
Business Type
Construction/Contractor, Retail
Condo Area Units
Square Feet
Land Use
Industrial
Common Interest
Condominium
Parcel Number
028191021
Additional Parcels Y/N
No
Zoning
Industrial
Exclusions
Tenant equipment and inventory.
Number Of Units Leased
1
71109
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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.
