200 Station Way, Arroyo Grande, CA 93420
Mixed-use property with office, retail, and residential spaces.
- Added:
- Apr 15, 2024
- Days on Market:
- 814
- Last Refresh:
- Jul 5 at 2:17 pm
Property Features for 200 Station Way
General Information
- Standard status
- Active
- Size
- 19,352 SF
- Property subtype
- Mixed Use, Office
Building Details
- Year Built
- 2000
Listing office McCarty Davis Commercial Real Estate (805) 543-1801
Listing date Apr 15, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of McCarty Davis Commercial Real Estate
HighLights
- Versatile office/retail development suitable for owner/users and investors.
- Two tastefully finished apartments ideal for live‑work arrangements.
- Located adjacent to the charming East Village.
- Easy access to US 101 freeway.
- Meticulously designed layout.
- Inviting patio spaces.
Overview
Local Financial Insights For Office B
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 | $510.9k | $26.40 |
| − Vacancy | −$30.7k | −$1.58 |
| EGI | $480.2k | $24.82 |
| − OpEx | −$120.1k | −$6.20 |
| NOI | $360.2k | $18.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Arroyo Grande
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.5793776
- Latitude
- 35.1202214
