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Prime Retail Space in San Luis Obispo
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765 Foothill Blvd, San Luis Obispo, CA 93401

Anchored retail space with strong sales history near Cal Poly.

Space SizeContact for details
Property Size18,036 SF
Lot Size4.99 Acres
Days on Market152

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: Derek Senn · License #01252131
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:43AM

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

Investment Insights

Based on property information with market context.

This retail space, ranging from 6,000 to 18,036 square feet, presents a unique opportunity within an established shopping center. The location previously served as a drug anchor for over 30 years, demonstrating a history of strong sales. The shopping center has recently undergone a renovation valued at over $6,000,000, establishing it as a prominent shopping destination on the north end of San Luis Obispo. Its location offers close proximity to California Polytechnic State University (“Cal Poly”), which has a population exceeding 20,000 students and faculty. Convenient access to Highway 1 and 101 facilitates travel to all parts of San Luis Obispo. The landlord is willing to demise the space.

Key Highlights

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

Property 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
Balanced
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

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
Rey
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Similar Off Market Nearby

  • Lassens Natural Foods & Vitamins SLO 896 Foothill Blvd, San Luis Obispo, CA 93405
  • CHC Pharmacy SLO 77 Casa St #205, San Luis Obispo, CA 93405
  • Sound Body Nutrition 1313 Peach St, San Luis Obispo, CA 93401
  • Neurocept 1247 Murray Ave #2, San Luis Obispo, CA 93405
  • Shocker Nutrition 973 Foothill Blvd, San Luis Obispo, CA 93405

Frequently Asked Questions

What type of property is this?
Drug store - Anchored retail space with strong sales history near Cal Poly.
Where is this drug store 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.; Recently completed $6,000,000+ renovation.; Prominent shopping center location on the north end of San Luis Obispo.
More about this property
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