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Leased 12,000 sf Industrial Building for Sale

Leased Investment for Sale: 2115 Willow Road, Arroyo Grande, CA

Overview: +/- 12,000 sq. ft. warehouse building for sale. 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. Some tenants are Cannabis related. Sale Price: $3,350,000 ($280 sq. ft.). Current Cap Rate: 8.4%. Proforma Cap Rate 9.4%. 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.

For Sale

$ 3,350,000
View of Yard Space for Lease or Sale

+/- 18,731 sq. ft. of Yard Space for Lease: 955 South 4th Street, Grover Beach, CA

+/- 18,731 sq. ft. of level, fenced yard space for lease. Zoned Coastal Industrial and located in the approved Green Zone. Entrances of off Barca and 4th Street. Lamp post lighting. Close to Oceano Dunes Natural Preserve. Lease rate: $2,200 per month, Gross. Sale price option: $444,000.

 

Leased

$2,200 Per Month, Gross