Excellent investment opportunity! 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.
Property Details
Price:
$2,200,000
MLS #:
SC25042209
Status:
Active
Baths:
0
Address:
5145 Traffic Way 5
Type:
Commercial
Subtype:
Industrial
Neighborhood:
atscatascadero
City:
Atascadero
Listed Date:
Feb 15, 2025
State:
CA
ZIP:
93422
Year Built:
1998
See this Listing
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
More About JoAnnMortgage Calculator
Schools
Interior
Exterior
Stories Total
1
Financial
Map
Community
- Address5145 Traffic Way 5 Atascadero CA
- AreaATSC – Atascadero
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
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5145 Traffic Way 5
Atascadero, CA
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