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Shopping Strip

7-Eleven & max Relax - Downtown San Luis Obispo

692 - 696 Marsh St, San Luis Obispo, CA 93401

Listing Price: $2,344,000

Cap Rate
4.35%
Gross SF
4,180
Rentable SF
4,180
Price/Gross SF
$560.77
Lot Size
0.26 acres
Year Built
1935

Investment Overview

Well located generational asset - located at the intersection of Broad St. & Marsh St. acts as the south entrance to downtown San Luis Obispo Two long-term historic tenants - 7-Eleven & max Relax Downtown SLO is a pedestrian friendly zone of shops, restaurants, pubs and galleries in turn-of-the-20th century buildings High barrier to entry and lack of on market inventory Close proximity to numerous hip restaurants such as Chinelo Mexican, Highwater SLO, Big Sky Café, Kreuzberg California, The Mark Bar & Grill, Mother’s Tavern, Nick The Greek, and many others Robust day and night-time downtown SLO pedestrian traffic location with great visibility Subject property is located just 2.2 miles from California Polytechnic State University with roughly 3,000 workers serving more than 22,000 students

Investment Highlights

  • Well located generational asset - located at the intersection of Broad St. & Marsh St. acts as the south entrance to downtown San Luis Obispo
  • Two long-term historic tenants - 7-Eleven & max Relax
  • Downtown SLO is a pedestrian friendly zone of shops, restaurants, pubs and galleries in turn-of-the-20th century buildings
  • High barrier to entry and lack of on market inventory
  • Close proximity to numerous hip restaurants such as Chinelo Mexican, Highwater SLO, Big Sky Café, Kreuzberg California, The Mark Bar & Grill, Mother's Tavern, Nick The Greek, and many others
  • Robust day and night-time downtown SLO pedestrian traffic location with great visibility
  • Subject property is located just 2.2 miles from California Polytechnic State University with roughly 3,000 workers serving more than 22,000 students

Exclusively Listed By

Financing By

Shopping Strip

7-Eleven & max Relax - Downtown San Luis Obispo

Listing Price: $2,344,000

Cap Rate
4.35%
Gross SF
4,180
Rentable SF
4,180
Price/Gross SF
$560.77
Lot Size
0.26 acres
Year Built
1935

Investment Highlights

  • Well located generational asset - located at the intersection of Broad St. & Marsh St. acts as the south entrance to downtown San Luis Obispo
  • Two long-term historic tenants - 7-Eleven & max Relax
  • Downtown SLO is a pedestrian friendly zone of shops, restaurants, pubs and galleries in turn-of-the-20th century buildings
  • High barrier to entry and lack of on market inventory
  • Close proximity to numerous hip restaurants such as Chinelo Mexican, Highwater SLO, Big Sky Café, Kreuzberg California, The Mark Bar & Grill, Mother's Tavern, Nick The Greek, and many others
  • Robust day and night-time downtown SLO pedestrian traffic location with great visibility
  • Subject property is located just 2.2 miles from California Polytechnic State University with roughly 3,000 workers serving more than 22,000 students

Investment Overview

Well located generational asset - located at the intersection of Broad St. & Marsh St. acts as the south entrance to downtown San Luis Obispo Two long-term historic tenants - 7-Eleven & max Relax Downtown SLO is a pedestrian friendly zone of shops, restaurants, pubs and galleries in turn-of-the-20th century buildings High barrier to entry and lack of on market inventory Close proximity to numerous hip restaurants such as Chinelo Mexican, Highwater SLO, Big Sky Café, Kreuzberg California, The Mark Bar & Grill, Mother’s Tavern, Nick The Greek, and many others Robust day and night-time downtown SLO pedestrian traffic location with great visibility Subject property is located just 2.2 miles from California Polytechnic State University with roughly 3,000 workers serving more than 22,000 students

Exclusively Listed By

Financing By

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