Flex Industrial Building with Roll-Up
For Sale
$2,400,000
Pending
2200 Golden Hl El Paso de Robles, Paso Robles, CA 93446
A 100% occupied flex industrial property with NNN tenant leases, multiple entrances, and three roll-up doors.
Property Size15,741 SF
Days on Market127
Property Features for 2200 Golden Hl El Paso de Robles
General Information
Standard status
Pending
Size
15,741 SF
Total Parking Spaces
37
Property subtype
Industrial
Zoning
C-3
Occupancy
100%
Warehouse & Industrial
Drive-In Doors
3
Sprinkler System
Yes
Building Details
Building Size
15,741 SF
Year Built
2002
Tenancy
Multi
Listing Agency:
Pacifica Commercial Realty
Listed By:
Corban Holland · License #01836854
(805) 237-4040
Source:
Elliman
Added: Jun 10
Changed: Aug 14
Last Checked: Aug 14 at 6:21AM
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 Pacifica Commercial Realty
Investment Insights
Based on property information with market context.
The offering is a flex industrial/commercial building totaling 115,741 SF, occupied by two established tenants under NNN lease structures. The property includes a fire sprinkler system, multiple storefront entrances, and three roll-up doors, supported by four separate electrical services. Parking is available for 37 vehicles.
Located at 2200 Golden Hl in Paso Robles, the property sits within a growing commercial corridor. The asset is served by flexible C-3 Commercial/Light Industrial zoning, supporting light industrial and commercial uses consistent with the building’s design.
This property is positioned for an investor seeking immediate occupancy through current NNN tenants, with a lease expiration in 2026 for the primary tenant. It also offers an owner-user pathway given the flexibility of the C-3 Commercial/Light Industrial zoning and the building’s multiple access points and roll-up capabilities. Prospective buyers and tenants can evaluate the current lease terms, future occupancy scenarios, and the building’s utility arrangement when considering fit and operations.
Located at 2200 Golden Hl in Paso Robles, the property sits within a growing commercial corridor. The asset is served by flexible C-3 Commercial/Light Industrial zoning, supporting light industrial and commercial uses consistent with the building’s design.
This property is positioned for an investor seeking immediate occupancy through current NNN tenants, with a lease expiration in 2026 for the primary tenant. It also offers an owner-user pathway given the flexibility of the C-3 Commercial/Light Industrial zoning and the building’s multiple access points and roll-up capabilities. Prospective buyers and tenants can evaluate the current lease terms, future occupancy scenarios, and the building’s utility arrangement when considering fit and operations.
Key Highlights
- Single 15,741 SF commercial property built in 2002 on NNN lease structures and 100% occupied by two established tenants
- C‑3 Commercial/Light Industrial zoning with multiple storefront entrances and three roll‑up doors
- 37 on‑site parking spaces for tenant and customer use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$195,200
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,904,000
$3.9M
Cap Rate 7%
$2,788,571
$2.8M
Cap Rate 9%
$2,168,889
$2.2M
Market Conditions
NOI Build-Up for 15,741 SF
Gross rent
$315.4K $20.04/SF
− Vacancy
−$15.1K −$0.96/SF
EGI
$300.3K $19.08/SF
− OpEx
−$105.1K −$6.68/SF
NOI
$195.2K $12.40/SF
Area
San Luis Obispo County, CA
Vacancy
4.80%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,904,000
Cap Rate 7%
$2,788,571
Cap Rate 9%
$2,168,889
Alternative Uses
Best Use
Flex RnD
$2.79M
$2.44M – $3.25M
NOI $195,200 @ 7.0% cap · market cap 8.13%
Second Best
Warehouse
$2.55M
$2.23M – $2.98M
NOI $178,549 @ 7.0% cap · market cap 7.44%
Theoretical Best
Healthcare Medical
$6.19M
$5.42M – $7.22M
NOI $433,348 @ 7.0% cap · market cap 18.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 93446, CA
45,979
Population
19,786
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
428.3 sq mi
ZIP Area
107
Density / Sq Mi
$94,512
Median Household Income
$43,229
Median Earnings
$1,946
Median Rent
$661,400
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Dean Brothers' Smokehouse — Paso Robles, CA 93446
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Frequently Asked Questions
What type of property is this?
Flex space - A 100% occupied flex industrial property with NNN tenant leases, multiple entrances, and three roll-up doors.
Where is this flex space located?
The property is located at 2200 Golden Hl El Paso de Robles Paso Robles, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Single 15,741 SF commercial property built in 2002 on NNN lease structures and 100% occupied by two established tenants; C‑3 Commercial/Light Industrial zoning with multiple storefront entrances and three roll‑up doors; 37 on‑site parking spaces for tenant and customer use
