5145 Traffic Atascadero, CA 93422
Well-maintained 9,640 SF commercial building with long-term tenant.
Property Features for 5145 Traffic
General Information
- Standard status
- Active
- Size
- 9,640 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1998
Listing office (805) 592-2226
Listing date Apr 15, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Immediate income generation through an established long‑term tenant under a triple net lease.
- Attractive 6% cap rate for stable returns in the Central Coast market.
- Strategically located in a strong commercial corridor in North San Luis Obispo County.
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 | $231.4k | $24.00 |
| − Vacancy | −$7.6k | −$0.79 |
| EGI | $223.7k | $23.21 |
| − OpEx | −$67.1k | −$6.96 |
| NOI | $156.6k | $16.25 |
