2191 Parker St, San Luis Obispo, CA 93401
Versatile clear-span retail building with strong South Street exposure and convenient freeway access for occupants.
- Added:
- Jun 15, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 8:00 am
Property Features for 2191 Parker St
General Information
- Standard status
- Active
- Size
- 8,230 SF
- Property subtype
- RETAIL
Listing agent Derek Senn License #01252131
Listing office Anderson Commercial Real Estate Services (805) 543-1400
Listing date Jun 15, 2026
Source Moodyscre
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HighLights
- Versatile clear‑span retail building
- Excellent retail exposure on South Street
- Convenient freeway access for occupants
Overview
The building is positioned for retail exposure along South Street, with close freeway access intended to support convenient customer access and day-to-day logistics. This combination of visibility and access can be valuable for businesses seeking a straightforward commercial footprint.
For tenants, buyers, or operators looking for flexibility, the clear-span format can simplify planning and reconfiguration as needs change. The retail focus of the asset, combined with its street exposure and proximity to freeway access, makes it a practical option for occupiers that want a single, adaptable space rather than a highly segmented layout.
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 | $197.5k | $24.00 |
| − Vacancy | −$6.5k | −$0.79 |
| EGI | $191.0k | $23.21 |
| − OpEx | −$57.3k | −$6.96 |
| NOI | $133.7k | $16.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Luis Obispo
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6695017
- Latitude
- 35.269937