5145 Traffic Way #5
Atascadero, CA 93422
0.22 acres | #SC25042209
Description
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, with rent scheduled to increase in 2026. The lease runs through 2029, with two five-year options to extend.
Property Details
- Lot DescriptionZeroToOneUnitAcre, Level
- CountySan Luis Obispo
- Original List Price$2,200,000
- MLS #SC25042209
- Property SubtypeIndustrial
- MLS #SC25042209
- Property TypePurchase
- Cost2200000
- Acres0.2213
- Year Built1998
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Valerie Walla (#SC02217940)
Listing Office: Century 21 Hometown Realty, San Luis Obispo Office (#SL12)
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