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    1690 East Grand Ave Arroyo Grande, CA 93420

    For Lease
    Contact for pricing

    16,320 SF retail building in high-traffic Arroyo Grande location.

    Property size:
    16,320 SF
    Lot size:
    16,320 SF

    Property Features for 1690 East Grand Ave

    General Information

    Size
    16,320 SF

    Source: Stephen Leider Agent Stephen Leider

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

    Overview

    Freestanding Retail Building For Lease

    The former Rite Aid building offers 16,320 square feet of freestanding retail space. It is located at the signalized intersection of E. Grand Avenue and Halcyon Road, a high-traffic area within the Arroyo Grande trade area. The property is positioned near US-101 and is surrounded by national retailers, including Walmart, CVS, Starbucks, and Food 4 Less. The location provides visibility and consumer access.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

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

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

    Similar Places Nearby

    Lynnette Borgman, PharmD, Redefine Your Age, Central Coast Cryoslim, Jerry Shapazian, AMBER BELL BEAUTY

    Location Insight

    • Map
    • Local Demand
    City
    Arroyo Grande
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.601361
    Latitude
    35.12301

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    FAQs

    What type of property is this?
    Drug store - 16,320 SF retail building in high-traffic Arroyo Grande location.
    Where is this drug store located?
    The property is located at 1690 East Grand Ave Arroyo Grande, CA.
    What are key features of this property?
    This property features: - High-traffic location at a signalized intersection on E. Grand Ave and Halcyon Rd.; - Freestanding 16,320 SF retail building.; - Excellent visibility and easy ingress/egress.
    (805) 560-3303
    Request Owner's contact information
    1690 East Grand Ave Arroyo Grande, CA 93420
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    Arroyo Grande, CA 93420
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    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
    1690 East Grand Ave Arroyo Grande, CA 93420
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