Turnkey NNN Office
102 S Vine Paso Robles, CA 93446
New
102 S Vine, Paso Robles, CA, 93446
$3,400,000
For Sale
$3,400,000
Purpose-built office property with a 2019 roof and solar panels, offered with an NNN lease structure.
Property Size8,483 SF
Price / SF$400.80
Days on Market6
Property Features for 102 S Vine
General Information
- Standard status
- Active
- Size
- 8,483 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
(805) 550-4644
Listed by
Tartaglia Real Estate
Source
Xome
Added: Jul 17 Updated: Jul 22 at 6:54PM Checked: Jul 22 at 6:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tartaglia Real Estate
Investment Insights
Based on property information with market context.
Purpose-built in 2004, this turnkey professional office building is offered for sale with an NNN lease structure. The property features a new roof and solar panels installed in 2019, supported by ample on-site parking and two convenient entrances to support tenant and visitor access.
The building is located in Gateway Center at 102 S Vine in Paso Robles, with immediate access to Highway 101 and nearby regional ingress and egress via the first Paso Robles exit from San Luis Obispo.
Offered as a stable, income-producing office investment, the surrounding business environment includes a mix of medical, dental, real estate, and title insurance firms that contribute to the center’s established day-to-day professional activity.
The building is located in Gateway Center at 102 S Vine in Paso Robles, with immediate access to Highway 101 and nearby regional ingress and egress via the first Paso Robles exit from San Luis Obispo.
Offered as a stable, income-producing office investment, the surrounding business environment includes a mix of medical, dental, real estate, and title insurance firms that contribute to the center’s established day-to-day professional activity.
Key Highlights
- Purpose‑built office property built in 2004 and offered with an NNN lease structure.
- New roof plus solar panels installed in 2019.
- 34 on‑site parking spaces with paved parking and paved road access.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $224.0k | $26.40 |
| − Vacancy | −$13.4k | −$1.58 |
| EGI | $210.5k | $24.82 |
| − OpEx | −$52.6k | −$6.20 |
| NOI | $157.9k | $18.61 |
8,483 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.26M
$1.97M – $2.63M
NOI $157,886 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$3.34M
$2.92M – $3.89M
NOI $233,536 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Purpose-built office property with a 2019 roof and solar panels, offered with an NNN lease structure.
Where is this office building located?
The property is located at 102 S Vine Paso Robles, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Purpose‑built office property built in 2004 and offered with an NNN lease structure.; New roof plus solar panels installed in 2019.; 34 on‑site parking spaces with paved parking and paved road access.
