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Restaurant Space in Retail Center
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1427 E Grand, Arroyo Grande, CA 93420

Former Subway space in Courtland Village Plaza, surrounded by pharmacy, food, shipping, and service-oriented retail tenants.

Space Size1,500 SF
Days on Market31

Property Features for 1427 E Grand

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Lease Type NNN

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF

Lease Terms

Lease Rate $1.95 /USD/SF/MO
Monthly Rent $2,925
Rent per SF/Year $23.40

Additional Details

Anchor Co-Tenants CVS Pharmacy, Panda Express, The UPS Store, La Parrilla Taqueria

Building Details

Tenancy Multi
Listing Agency: Real Property Investments
Listed By: Thomas Swem
Source: Exprealty
Added: Jul 31 Changed: Aug 29 Last Checked: Aug 29 at 10:42PM

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 Real Property Investments

Investment Insights

Based on property information with market context.

This approximately 1,500-square-foot restaurant space is available within Courtland Village Plaza at 1427 E Grand in Arroyo Grande. The premises previously operated as a SUBWAY location and can accommodate restaurant or retail use, subject to applicable approvals and lease terms.

The center includes CVS Pharmacy, Panda Express, The UPS Store, La Parrilla Taqueria, and additional retail and service tenants. Its placement along East Grand Avenue provides an established commercial setting for a restaurant operator, franchise, or retail business.

Key Highlights

  • Approximately 1,500 SF restaurant or retail space
  • Former SUBWAY location at Courtland Village Plaza
  • Located at 1427 E Grand, Arroyo Grande, CA 93420

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop HVAC Service Auto Parts Store Storage Facility

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.51 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby
343k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Groceries 29% Shops & Services 26% Apparel 3%
VONS Groceries
57,087 visits/mo 0.2 miles
Dollar Tree Shops & Services
29,929 visits/mo 0.2 miles
Smart & Final Groceries
23,580 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
21,896 visits/mo 0.3 miles
Starbucks Dining
18,370 visits/mo 0.4 miles

Demographics for 93420, CA

30,540
Population
13,823
Households
2.2
Avg Household Size
49
Median Age
44%
College-Educated
95%
High-School Grad
197.4 sq mi
ZIP Area
155
Density / Sq Mi
$106,718
Median Household Income
$51,990
Median Earnings
$2,025
Median Rent
$872,200
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former Subway space in Courtland Village Plaza, surrounded by pharmacy, food, shipping, and service-oriented retail tenants.
Where is this conventional restaurant located?
The property is located at 1427 E Grand Arroyo Grande, CA.
What are key features of this property?
This property features: Approximately 1,500 SF restaurant or retail space; Former SUBWAY location at Courtland Village Plaza; Located at 1427 E Grand, Arroyo Grande, CA 93420
More about this property
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