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1551 Bishop Street , B240

San Luis Obispo, CA 93401
  • $1,250,000
  • STATUS: Active Under Contract
  • ON SITE: 133 Days
  • ID#: SC24088380
Under Contract
UPDATED: 188 min ago
$1,250,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Derek Senn of Anderson Commercial RE Service (805-543-1400)


Description

A fully leased medical office condo in the Bishop Medical Plaza. A fantastic investment opportunity. --- Tenant: Community Health Centers --- Rent: $3.50/SF, NNN (with annual CPI increases) --- Lease Expiration: April 30, 2028 --- CAP Rate based upon current net income: 8%.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-13T00:33:02.94. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/150147224
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1551 Bishop Street , B240 San Luis Obispo, CA 93401

  • Price: $1,250,000
  • Status: Active Under Contract
  • On Site: 133 Days
  • Updated: 188 min ago
  • ID#: SC24088380
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1987
Built
Neighborhood:
SLO - San Luis Obispo
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
A fully leased medical office condo in the Bishop Medical Plaza. A fantastic investment opportunity. --- Tenant: Community Health Centers --- Rent: $3.50/SF, NNN (with annual CPI increases) --- Lease Expiration: April 30, 2028 --- CAP Rate based upon current net income: 8%.
Exterior Features

Entry Level 1 Lot Features 2-5 Units/Acre

Property Features

Additional Parcels YN No Common Interest None Laundry Features None Listing Agreement Exclusive Right With Exception Property Sub Type Office Special Listing Conditions Standard Utilities Water Not Available Water Source None



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-13T00:33:02.94. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Derek Senn of Anderson Commercial RE Service (805-543-1400)