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.
Parcel #: 028191021
Year Built: 1998
Listing ID: SC25042209
List Date: 02/15/25
Size: 9,640 sqft
List Price: $2,200,000
Call to schedule a showing.
📐
SIZE
9,640 sqft
🚽
BATH
🔲
LOT
0.221 acres
🗓️
YEAR BUILT
1998
🗃️
LAND USE
Commercial/Industrial
(mixed-use)
📈
CAP RATE
5.5%
(approximately)
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