$3,350,000
For Sale

2115 Willow Road

Arroyo Grande, CA 93420
Courtesy of McCarty Davis, Inc.
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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. Some tenants are Cannabis related. Price Reduction: Sale Price Now: $3,350,000 ($280 sq. ft.). Current Cap Rate: 8.1%. Proforma Cap Rate 9.9%. 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
    • Property
      • Lot description:Item25UnitsAcre, LotOver40000Sqft, Yard
    • Measurements
      • Acres:1.86
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility source:Private
  • Community and Neighborhood Details
    • Location
      • County:San Luis Obispo
  • Financial Details
    • Pricing Details
      • Original List Price:$3, 575, 000
      • Buying Agency Compensation:2.500
  • Other
    • Source
      • MLS #:SC21099563

Location

Susannah HogentoglerReal Estate Group
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