Sold

San Luis Obispo CA, 93401

$15,350,000


$378.21 per sqft

Sold

40,586 sqft

Commercial

Built in 2001

Listed by Preston Thomas, SIOR with Rossetti Company 805-544-3900

Marketing Remarks: Call For Offers: NNN Leased Investment. Higuera Center presents an opportunity to acquire a fully leased, institutional quality multi-tenant 40,586 SF office building located in San Luis Obispo, California. Located at 100 Cross Street, on the corner of Tank Farm Road and Higuera Street, Higuera Center benefits from a high-profile location and proximity to national retailers, including Starbucks, Trader Joes, and Food-4-Less supermarket. TransUnion Interactive, Inc. (NYSE: TRU), one of the Big Three national credit agencies, leases 60% of the building and recently signed a ten-year lease extension commencing January 1, 2016. Upgrades to the building's exterior and interior were recently completed, which have enhanced the appeal of this Class A office property. Higuera Center benefits from stable cash flow and a strong tenant base, in an ideal location in San Luis Obispo. Annual NOI: $802,692.

SP1066526

MLS ID

May 4, 2016

Listed

February 16, 2024

Updated

Map


San Luis Obispo CA, 93401

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

2.35 Acres


Roof

Flat

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

153


Garage

No


Parking Total

0


View

No


County

San Luis Obispo


Pool

No


Zoning

OP


Buyer Agency Compensation

1.5%

Listing Contact: 805-544-3900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 4:05 AM UTC

 

Powered byLuxury Presence