Listing Agency: Trujillo Commercial Real Estate Group Show Phone

Listed By: Rod Trujillo · License #01388764

Source: Moodyscre

Added: Oct 6, 2025 Changed: Oct 9 Last Checked: Oct 15 at 1:03AM

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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 Trujillo Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This retail/restaurant suite is located one block from the beach and benefits from high pedestrian traffic generated by tourists visiting the beach and shops on Avila Beach Pier. The property features an open floor plan, a large display area, a private office/storage area, and a private restroom. The property size is 1584 square feet.

Key Highlights

• One block from the beach
• High pedestrian traffic
• Ideal for retail or restaurant use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,733

Cap Rate

3.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$514,660 $514.7K

Cap Rate 7%

$367,614 $367.6K

Cap Rate 9%

$285,922 $285.9K

Market Conditions

NOI Build-Up for 1,584 SF

Gross rent

$38.0K $24.00/SF

− Vacancy

−$1.3K −$0.79/SF

EGI

$36.8K $23.21/SF

− OpEx

−$11.0K −$6.96/SF

NOI

$25.7K $16.25/SF

Area

San Luis Obispo County, CA

Vacancy

3.30%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$514,660

Cap Rate 7%

$367,614

Cap Rate 9%

$285,922

Alternative Uses

Best Use

Retail

$367.6K

$321.7K – $428.9K (±1% cap)

NOI $25,733 @ 7.0% cap · market cap 3.50%

Second Best

Specialty Retail

$323.8K

$283.3K – $377.8K (±1% cap)

NOI $22,665 @ 7.0% cap · market cap 3.08%

Theoretical Best

Healthcare Medical

$623.0K

$545.1K – $726.8K (±1% cap)

NOI $43,607 @ 7.0% cap · market cap 5.93%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Auto Parts Store Cafe & Coffee Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

192

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail/Restaurant space one block from Avila Beach.

Where is this retail space located?

The property is located at 75 San Miguel St Avila Beach, CA.

What is the asking price?

The asking price for this property is $735,000.

What are key features of this property?

This property features: One block from the beach; High pedestrian traffic; Ideal for retail or restaurant use