1400 E Grand AVE Active Save Request In-Person Tour Request Virtual Tour
Arroyo Grande,CA 93420
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 26,750 sqft
Price per Sqft $205
MLS Listing ID PI24073658
HOA Y/N No
Year Built 1982
Tax Year 2023
Lot Size 2.520 Acres
Acres 2.52
Property Description
High profile fully leased NNN investment. Arroyo Town and Country Shopping Center is located near the signalized corner of East Grand Avenue and Courtland Street. The offering consists of 14 suites totaling 26,750 leasable square feet located on both sides of the Smart & Final market. The shopping center is co-anchored by Dollar Tree and Smart & Final which 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. A new roof and roof hatch were installed on the western parcel in October of 2023. The parking lot was upgraded in September, 2024. There is potential for further development of a mixed use project on a portion of the parking area.
Location
State CA
County San Luis Obispo
Area Arrg - Arroyo Grande
Interior
Laundry None
Exterior
Fence Block,Chain Link
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Type Flat
Building
Lot Description Level with Street
Story 1
Water Public
Others
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard
Confidential INFO
TERMS 1031 Exchange,Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS Open prelim with FATCO, Pismo Beach, Sandra Souza. Rent roll provided with serious inquiries only.
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please do not disturb tenants. Buyer viewing to be with an accepted offer only.