1168 Branch StArroyo Grande, CA 93420

  • Land
  • 2.82 AC
For Lease
$28.20/SF/YR View listing

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
1168 Branch St, Arroyo Grande, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
-
-
-
-
-
-
-

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