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Retail Space in Madonna Plaza
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285 Madonna Rd, San Luis Obispo, CA

Retail space available in a high-traffic San Luis Obispo power center.

Space Size1,485 SF - 1,505 SF
Lot Size21.52 Acres
Days on Market571

Property Features for 285 Madonna Rd

General Information

Standard status Active
Size 1,485 SF - 1,505 SF
Lot size 21.52 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 285 Madonna Rd Contact us

285 Madonna Rd $18 – $33/SF/Yr

Floor
1
Size
1,485 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Madonna Plaza is a ±319,255 square foot power center located at the northeast...
show more
Contact us

285 Madonna Rd $18 – $33/SF/Yr

Floor
1
Size
1,505 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Madonna Plaza is a ±319,255 square foot power center located at the northeast...
show more
Contact us
Listing Agency: Gallelli Real Estate
Listed By: Phillip Kyle
Source: Moodyscre
Added: Feb 6, 2025 Changed: Aug 8 Last Checked: Aug 30 at 11:36PM

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 Gallelli Real Estate

Investment Insights

Based on property information with market context.

Located at the northeast quadrant of Madonna Road and El Mercado along Highway 101 in San Luis Obispo, California, Madonna Plaza is a power center encompassing approximately 319,255 square feet. The property benefits from high visibility and convenient access, with over 69,000 cars per day traveling on US Highway 101. As part of a commercial retail area exceeding 2.2 million square feet, Madonna Plaza is anchored by prominent retailers including Ralph’s, Kohl’s, DSW, Best Buy, Ross, Michael’s, Party City, Five Below, Tilly’s, and Ulta. The surrounding trade area features major retailers such as Sprouts, Bed Bath & Beyond, Cost Plus World Market, Target, Dick’s Sporting Goods, Costco, Home Depot, Whole Foods, TJ Maxx, HomeGoods, Bevmo!, Grocery Outlet, Petsmart, CVS, and Trader Joe’s. The City of San Luis Obispo, with a population exceeding 47,400, is the largest city in San Luis Obispo County and serves as its County Seat. Regional traffic is generated by California Polytechnic State University with 21,000 students, Morro Bay State Park, and various wineries, including Edna Valley Vineyards, J. Lohr Vineyards, Margarita Vineyards, and Soaring Hawk Vineyards. Available for rent is a retail space of approximately 1,485 square feet.

Key Highlights

  • High Visibility: Located on Highway 101 with over 69,000 cars per day.
  • Anchored by Major Retailers: Includes Ralph's, Kohl's, DSW, Best Buy and more.
  • Part of a Large Retail Trade Area: Situated within a 2.2 million square foot commercial area.

Property Analytics

Current Use

TD Ameritrade Financial Advisor Sushi Kokku Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Law Firm Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

737
Businesses Nearby

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space available in a high-traffic San Luis Obispo power center.
Where is this strip mall located?
The property is located at 285 Madonna Rd San Luis Obispo, CA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High Visibility: Located on Highway 101 with over 69,000 cars per day.; Anchored by Major Retailers: Includes Ralph's, Kohl's, DSW, Best Buy and more.; Part of a Large Retail Trade Area: Situated within a 2.2 million square foot commercial area.
(805) 892-6237 Call to check price and availability
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