7385 El Camino Real Atascadero, CA 93422
Value-add opportunity in a prime California coastal location.
Property Features for 7385 El Camino Real
General Information
- Standard status
- Active
- Size
- 38,599 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1982
Listing office Essential Capital Advisors
Listing date May 26, 2026
Source Crexi
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 Essential Capital Advisors
Investment Insights
Based on property information with market context.
Key Highlights
- Taco Bell Anchored
- Prime California Coastal Location
- Value‑Add Opportunity
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 | $926.4k | $24.00 |
| − Vacancy | −$30.6k | −$0.79 |
| EGI | $895.8k | $23.21 |
| − OpEx | −$268.7k | −$6.96 |
| NOI | $627.1k | $16.25 |
