Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    787 E Foothill Blvd San Luis Obispo, CA 93405

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.85 SF/Yr ($2,780 /Mo)

    Anchored retail location with strong sales history and recent renovations.

    Property size:
    18,036 SF
    Lot size:
    4.98 Acres

    Property Features for 787 E Foothill Blvd

    General Information

    Size
    18,036 SF
    Lot size
    4.98 Acres

    Source: Anderson Commercial Real Estate Services Agent Mark Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in San Luis Obispo

    This retail property presents a unique opportunity, featuring an existing anchor location with a history of over 30 years of strong sales. The shopping center has recently undergone significant renovations, totaling over $6,000,000, establishing it as a prominent shopping destination on the north end of San Luis Obispo. Its location offers convenient access to Highway 1 and 101. The property is located in close proximity to California Polytechnic State University (Cal Poly), which has over 20,000 students and faculty. The property has a size of 18,036 square feet.
    Location Intelligence

    Current Use by Public Records

    Aesthetics by Heidi Facial Spa DevAri Bronze Tanning Salon Skyn Lounge Tanning Salon Lucid Lashes Beauty Salon Bronze Sun Spa Tanning Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Foothill Plaza, University Square

    Location Insight

    • Map
    • Local Demand
    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6722973
    Latitude
    35.293841

    Nearby Similar for Lease

    • Contact for pricing
      6,500 SF

      Turn-key Restaurant/Brewery in San Luis Obispo

      6,500 SF restaurant/brewery space available for lease.
      114 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • $1.75 SF/Yr
      2,159 SF

      San Luis Obispo Office Space

      Professional office building near airport with upscale finishes and furnishings.
      735 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • Contact for pricing
      1,660 SF

      San Luis Obispo Office Space

      Office suite with reception, conference room, and open work area.
      225 Prado Rd, San Luis Obispo, CA 93401
      View Details
    • Contact for pricing
      660 SF

      Office Space in San Luis Obispo

      Two-office layout suitable for sales or therapy with a view.
      225 Prado Rd, San Luis Obispo, CA 93401
      View Details
    • Contact for pricing
      5,940 SF

      San Luis Obispo Restaurant Opportunity

      Freeway visible restaurant space with EV charging station potential.
      1585 Calle Joaquin, San Luis Obispo, CA 93405
      View Details
    • Contact for pricing
      33,500 SF

      SLO Ranch Farm Marketplace Lease

      Commercial spaces available in new SLO Ranch Farm and Marketplace.
      Froom Ranch Way, San Luis Obispo, CA 93401
      View Details

    FAQs

    What type of property is this?
    Shopping center - Anchored retail location with strong sales history and recent renovations.
    Where is this shopping center located?
    The property is located at 787 E Foothill Blvd San Luis Obispo, CA.
    What is the lease rate?
    The lease rate is $1.85 SF/Yr.
    What are key features of this property?
    This property features: - Established drug anchor location with 30+ years of strong sales history.; - Recently completed $6,000,000+ renovation.; - Prominent shopping center location on the north end of San Luis Obispo.
    (469) 241-1222
    Request Owner's contact information
    787 E Foothill Blvd San Luis Obispo, CA 93405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    787 E Foothill Blvd
    San Luis Obispo, CA 93405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    787 E Foothill Blvd San Luis Obispo, CA 93405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.