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$750,000
Offering Price
$58,076
NOI
7.74%
Cap Rate
$300
Price Per SF
2,497
Building SF
Single
Tenancy

Investment Summary

  • This 2,497 square foot fully equipped restaurant is located on a large 24,500 lot, is available for sale. Currently there is a lease in place with a popular Thai restaurant through 2024. With Paso Robles to the north and San Luis Obispo to the south, Atascadero is enjoying the benefit of the emerging wine industry. It is within walking distance to national brands such as Starbucks, Taco Bell, Little Caesar’s, Enterprise Rent-A-Car, Union Bank and much more. In addition, the subject property is located in the heart of the downtown core near exciting new developments. Great Freeway visibility! Property once had a functioning drive-thru that has been decommissioned.

Location Summary

  • Strategically positioned at a high-traffic freeway off-ramp ( Exit 219 to Morro Bay). Located near the busiest intersection in Atascadero where Highway 101, Highway 41 and El Camino Real intersect. Well-trafficked area surrounded by fast food, apartments, and ample retail locations.
  • This 2,497 square foot fully equipped restaurant is located on a large 24,500 lot, is available for sale. Currently there is a lease in place with a popular Thai restaurant through 2024. With Paso Robles to the north and San Luis Obispo to the south, Atascadero is enjoying the benefit of the emerging wine industry. It is within walking distance to national brands such as Starbucks, Taco Bell, Little Caesar’s, Enterprise Rent-A-Car, Union Bank and much more. In addition, the subject property is located in the heart of the downtown core near exciting new developments. Great Freeway visibility! Property once had a functioning drive-thru that has been decommissioned.
FOR MORE DETAILS CONTACT
Logan Martinez
(949) 377-3737
logan@fiduciaryrealestateservices.com
01960924
Ruben Martinez
(949) 377-3737
ruben@fiduciaryrealestateservices.com
01527321