2115 Willow Road
Arroyo Grande, CA 93420
1.86 acres | #SC21099563
Description
Leased Investment for sale: +/- 12,000 sq. ft. warehouse building. 81% leased ( 4 tenants and 1 vacancy of +/- 2,275 sq. ft.). Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Sale Price: $3,350,000 ($280 sq. ft.). Current Cap Rate: 6.6%. Proforma Cap Rate 8.7%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.
Property Details
- Lot DescriptionItem25UnitsAcre, LotOver40000Sqft, Yard
Measurements
- Acres1.86
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility SourcePrivate
Community and Neighborhood Details
- CountySan Luis Obispo
Financial Details
- Original List Price$3,575,000
Other
- MLS #SC21099563
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Stephen McCarty (#SL01240829)
Listing Office: McCarty Davis, Inc. (#SL125)
