JUST
LISTED
Just Listed
Arroyo Ave
Arroyo Grande, CA
Dennis Allan
Allan Real Estate Investments
805 473 7500

Arroyo Ave
Arroyo Grande, CA

High profile Arroyo Grande location with a high quality NNN leased investment. Arroyo Town and Country Square is located near the signalized corner of East Grand Avenue and Courtland Street with 2018 estimated traffic counts of 22,341 vehicles per day. The offering consists of 14 suites totalling 26,750 leasable square feet located on the both sides of the the Smart & Final market. The shopping center is co-anchored by Dollar Tree. Smart & Final, Dollar Tree and Pet Emprium are not included in this offering. The shopping center has abundant parking and is a host to a weekly farmers market. The diversified tenant mix attracts a strong traffic flow to this friendly neighborhood shopping center. This investment provides a mix of internet resistant businesses and includes many long term tenants. Exterior tenant signage, ceiling lights and exterior lighting have been upgraded to LED. Other improvements include the replacement of 21 HVAC units in 2014/2015.

Property Details

$5,250,000
List Price
PI21153133
MLS Number
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Dennis Allan
Broker
DRE #00961923
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