Description
Prime commercial condo located along one of Atascadero’s main corridors, offering excellent visibility and ample parking. This end unit is prominently placed in the San Anselmo Center. With 2,100 SQFT the current layout includes a large reception area, three offices, two bathrooms and large rear room. It has a 100% occupancy rate for the last 15 years and a new 7 year lease with tenant, Dignity Health, 6 years remaining. The property has been very well maintained. This location is a solid investment opportunity. Gross income for the first year to be $43,346.50 with a 6.8 CAP rate. Lease contains 3% annual base rent increases.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime commercial condo located along one of Atascadero’s main corridors, offering excellent visibility and ample parking. This end unit is prominently placed in the San Anselmo Center. With 2,100 SQFT the current layout includes a large reception area, three offices, two bathrooms and large rear room. It has a 100% occupancy rate for the last 15 years and a new 7 year lease with tenant, Dignity Health, 6 years remaining. The property has been very well maintained. This location is a solid investment opportunity. Gross income for the first year to be $43,346.50 with a 6.8 CAP rate. Lease contains 3% annual base rent increases.
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