1168 Branch StArroyo Grande, CA 93420
- Land
- 2.82 AC
Property Details for 1168 Branch St
- Lot size
- 2.82 AC
- Zone code
- GC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 007-787-015
- APU
- 7787015
Description
Five Cities Center, located at 1168 W Branch St, Arroyo Grande, CA 93420, presents a significant retail investment opportunity in San Luis Obispo County. This 350,050 square foot strip center boasts a dominant position as a power center in the southern San Luis Obispo County trade area, anchored by nationally recognized tenants including Walmart (a top 1% national performer in annual visitors), Marshall's, Trader Joe's, Petco, and Food 4 Less. The center also includes a diverse mix of restaurants and other retailers, catering to Arroyo Grande and surrounding communities. Currently, there is 22,746 square feet of vacant space available, offering flexible options for prospective tenants. Spaces range from a minimum divisible unit of 1,233 square feet to a maximum contiguous space of 9,411 square feet, including a 24,000 square foot anchor space with end cap availability. The property provides ample parking with a 5 spaces per 1,000 square feet ratio. This high-traffic, well-established center offers exceptional visibility and access, making it an ideal location for businesses seeking strong growth potential in a thriving market. In-line opportunities are also available. Contact us today to learn more about this exceptional retail investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $19,932,826
- Hospitality
- $18,258,360
- Educational
- $15,190,742
- Medical
- $15,713,175
- Retail
- $23,630,042
Location Insight
- City
- Arroyo Grande
- County
- San Luis Obispo
- State
- California
- Latitude
- 35.1287
- Longitude
- -120.599
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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