Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120-180 Niblick Rd Paso Robles, CA 93446

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a busy Paso Robles shopping center.

    Property size:
    2,940 SF
    Lot size:
    5.20 Acres

    Property Features for 120-180 Niblick Rd

    General Information

    Size
    2,940 SF
    Lot size
    5.20 Acres

    We can help!

    Listing Contact
    Stephen Leider
    Source: Moodyscre

    Listing Agency: Lee & Associates Listing Agent: Stephen Leider

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

    Learn more

    Overview

    Retail Space in Woodland Plaza

    Located at 120-180 Niblick Rd in Paso Robles, CA, this retail space is situated within the Woodland Plaza shopping center. The available space measures 6,902 square feet. The property is positioned between Big 5 and Harbor Freight, offering proximity to Highway 101. The shopping center features a mix of retailers, including Walmart, McDonald’s, Panda Express, Chipotle, Jamba Juice, Subway, Big 5, Harbor Freight, and O’Reilly Auto Parts.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, California DMV Now Kiosk, Woodland Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Paso Robles
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6843011
    Latitude
    35.6125349

    Nearby Similar for Lease

    • $15,000 /Mo
      2,731,648 SF

      Paso Robles Winery & Event Venue

      Premier winery and event venue for lease in Paso Robles.
      4295 Union Rd, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Modern Warehouse Flex Space Available

      Stand-alone flex space in a popular business park.
      2105 Wisteria Ln, Paso Robles, CA 93446
      View Details
    • $8,000 /Mo

      Restaurant Space with Outdoor Seating

      Restaurant space for sublease in downtown Paso Robles, CA.
      1401 E Park St, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Warehouse Flex Space For Lease

      Newer warehouse flex space in a popular business park.
      2103 Wisteria Ln, Paso Robles, CA 93446
      View Details
    • $8,000 /Mo

      Restaurant Space with Outdoor Seating

      Fully improved restaurant space for sublease in downtown Paso Robles.
      1401 E Park St, Paso Robles, CA 93446
      View Details
    • $15,000 /Mo

      Paso Robles Winery & Venue

      Premier winery and event venue for lease in Paso Robles.
      4295 Union Rd, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Paso Robles Shopping Center Space

      Retail spaces in high-traffic shopping center with major anchors.
      Niblick Rd, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Paso Robles Industrial Warehouse

      Versatile 9805 SF industrial warehouse in Paso Robles for lease.
      2758 Danley Ct, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Retail Space in Woodland Plaza

      Retail space available in a regional shopping center.
      Niblick Rd, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Industrial/Wine Storage Facility Sublease

      93,789 SF divisible industrial/wine storage facility available for sublease.
      3230 Riverside Ave, Paso Robles, CA 93446
      View Details
    • Contact for pricing
      26,100 SF

      Retail Space in Paso Robles

      Retail space available in a shopping center with anchor tenants.
      2421-2445 Golden Hill Rd, Paso Robles, CA 93446
      View Details
    • Contact for pricing
      3,317 SF

      Retail Space in Paso Robles

      Retail space available in shopping center with anchor tenants.
      2425 Golden Hill Rd, Paso Robles, CA 93446
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy Paso Robles shopping center.
    Where is this shopping center located?
    The property is located at 120-180 Niblick Rd Paso Robles, CA.
    What are key features of this property?
    This property features: - Located in Woodland Plaza, a regional shopping center with low turnover.; - High-traffic location between Big 5 and Harbor Freight.; - Close proximity to Highway 101.
    (805) 962-6700 Call to check price and availability
    Request Owner's contact information
    120-180 Niblick Rd Paso Robles, CA 93446
    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.
    120-180 Niblick Rd
    Paso Robles, CA 93446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    120-180 Niblick Rd Paso Robles, CA 93446
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Stephen Leider
    Real Estate License ID: 967865
    (805) 962-6700 (805) 560-3303 (805) 898-4375
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!