Anchor Retail Space in Shopping
For Lease
Contact for pricing
487 Madonna Rd, San Luis Obispo, CA 93405
Rare anchor position within a regional shopping center featuring Sprouts and REI, with Hobby Lobby coming soon.
Space Size1,876 SF
Days on Market1473
Property Features for 487 Madonna Rd
General Information
Standard status
Active
Size
1,876 SF
Property subtype
RETAIL
Lease Type
NNN
Site & Location
Traffic Count
62,634 vehicles/day
Highway Access
Yes
Spaces For Lease
at 487 Madonna Rd Contact us- Floor
- 1
- Size
- 1,876 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Hwy 101 & Madonna Rd $3/SF/Mo
- Sprouts & rei open! Hobby lobby coming soon!
- +256,000 total sf of retail buildings...
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Contact us
Listing Agency:
Lockehouse Retail Group
(650) 692-3400
Listed By:
Natalie V. Wagner · License #01868161
(805) 576-8436
Source:
Moodyscre
Added: Sep 1, 2022
Changed: Sep 11
Last Checked: Sep 12 at 9:39AM
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 Lockehouse Retail Group
Investment Insights
Based on property information with market context.
This offering presents a rarely available anchor retail position within a regional shopping center. The center includes a total of approximately 256,000 square feet of retail buildings on 16.5 acres, adjacent to Madonna Plaza.
The property benefits from strong regional access, with over 62,634 ADT traveling along Highway 101. Nearby tenants currently include Sprouts and REI, and Hobby Lobby is listed as coming soon, supporting an established retail mix.
For tenants and brokers evaluating anchor-scale retail, this location is positioned within a high-performing shopping destination and is situated in a residential growth area, per the provided remarks.
The property benefits from strong regional access, with over 62,634 ADT traveling along Highway 101. Nearby tenants currently include Sprouts and REI, and Hobby Lobby is listed as coming soon, supporting an established retail mix.
For tenants and brokers evaluating anchor-scale retail, this location is positioned within a high-performing shopping destination and is situated in a residential growth area, per the provided remarks.
Key Highlights
- 256,000 total SF of retail buildings on 16.5 acres next to Madonna Plaza
- Anchor position in a regional shopping center featuring Sprouts and REI, with Hobby Lobby coming soon
- 62,634 ADT traveling along Highway 101
Property Analytics
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Current Use
Lease Details
62,634 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93405, CA
23,331
Population
9,687
Households
2.4
Avg Household Size
28
Median Age
52%
College-Educated
95%
High-School Grad
89.7 sq mi
ZIP Area
260
Density / Sq Mi
$52,481
Median Household Income
$12,402
Median Earnings
$1,936
Median Rent
$897,800
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Prefumo Creek Commons — Los Osos Valley Rd, San Luis Obispo, CA 93405
- TENWISE PARK — 220 S Higuera St, San Luis Obispo, CA 93401
- Laguna Village Shopping Center — 1328 Madonna Rd, San Luis Obispo, CA 93405
- California DMV Now Kiosk — 3190 S Higuera St, San Luis Obispo, CA 93401
- Slo Promenade — 319 Madonna Rd, San Luis Obispo, CA 93405
Frequently Asked Questions
What type of property is this?
Shopping center - Rare anchor position within a regional shopping center featuring Sprouts and REI, with Hobby Lobby coming soon.
Where is this shopping center located?
The property is located at 487 Madonna Rd San Luis Obispo, CA.
What are key features of this property?
This property features: 256,000 total SF of retail buildings on 16.5 acres next to Madonna Plaza; Anchor position in a regional shopping center featuring Sprouts and REI, with Hobby Lobby coming soon; 62,634 ADT traveling along Highway 101
