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Retail Space in Renovated Center

765 Foothill Blvd, San Luis Obispo, CA 93401

For Lease
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Prime retail space in renovated San Luis Obispo shopping center.

Space SizeContact for details
Property Size18,036 SF
Lot Size4.99 Acres
Days on Market348

Property Features for 765 Foothill Blvd

General Information

Standard status Active
Size 18,036 SF
Lot size 4.99 Acres
Property subtype Commercial

Building Details

Building Size 18,036 SF
Year Built 1966
Listing Agency: Anderson Commercial Real Estate Services
Listed By: Mark Anderson · License #00944530
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Oct 26 at 8:49AM

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 Anderson Commercial Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This retail property offers spaces ranging from 6,000 to 18,036 square feet, with the landlord willing to divide the space. It presents a unique opportunity to occupy a location previously anchored by a drug store with over 30 years of strong sales history. The shopping center has recently undergone a renovation, with over $6,000,000 invested to establish it as a prominent shopping destination on the north end of San Luis Obispo. Its location offers convenient access to Highway 1 and 101. The property is near California Polytechnic State University (Cal Poly), which has over 20,000 students and faculty.

Key Highlights

  • Existing drug anchor location with 30+ years of strong sales history.
  • Recently completed $6,000,000+ renovation.
  • Prominent shopping center location on the north end of San Luis Obispo.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Waste Pros Waste Management Facility

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,002
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93401, CA

29,877
Population
14,363
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
465
Density / Sq Mi
$95,386
Median Household Income
$47,898
Median Earnings
$1,859
Median Rent
$943,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Shopping centers in San Luis Obispo

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Foothill Plaza — 767 Foothill Blvd, San Luis Obispo, CA 93405
  • University Square — 910-926 Foothill Blvd, San Luis Obispo, CA 93405

Frequently Asked Questions

What type of property is this?
Shopping center - Prime retail space in renovated San Luis Obispo shopping center.
Where is this shopping center located?
The property is located at 765 Foothill Blvd San Luis Obispo, CA.
What are key features of this property?
This property features: Existing drug anchor location with 30+ years of strong sales history.; Recently completed $6,000,000+ renovation.; Prominent shopping center location on the north end of San Luis Obispo.
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