1400-1488 E Grand Ave, Arroyo Grande, CA
100% leased retail spaces available in Arroyo Grande, CA.
- Added:
- Apr 25, 2025
- Days on Market:
- 416
- Last Refresh:
- May 19 at 10:46 pm
Property Features for 1400-1488 E Grand Ave
General Information
- Standard status
- Active
- Size
- 26,750 SF
- Lot size
- 9.26 Acres
- Property subtype
- RETAIL
Listing agent Connor Martin
Listing office Allure Property Management (310) 956-1804
Listing date Apr 25, 2025
Source Moodyscre
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 Allure Property Management
HighLights
- 100% Leased: Immediate income generation.
- Retail Spaces: Property designed and suited for retail businesses.
- NNN Leases: Primarily NNN leases, potentially reducing landlord responsibilities.
- 12 Leases: Diversified income stream with multiple tenants.
- MG Lease: Includes at least one MG (Modified Gross) lease.
- Retail Spaces Available: Opportunity to acquire income‑producing retail property.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $642.0k | $24.00 |
| − Vacancy | −$21.2k | −$0.79 |
| EGI | $620.8k | $23.21 |
| − OpEx | −$186.2k | −$6.96 |
| NOI | $434.6k | $16.25 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Arroyo Grande Center — 1255 E Grand Ave, Arroyo Grande, CA 93420
- Gateway Plaza — 1800 E Grand Ave l2, Grover Beach, CA 93433
- Arroyo Town and Country Square Shopping Center — Arroyo Grande, CA 93420
- Coinstar Kiosk - Bitcoin ATM — 1758 Grand Ave Safeway, Grover Beach, CA 93433
- Grand Plaza — Grover Beach, CA 93433
Location Insight
- Map
- Local Demand
- City
- Arroyo Grande
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.614
- Latitude
- 35.1212
