Medical Office and Executive
805 Aerovista Pl San Luis Obispo, CA 93401
For Sale
Contact for pricing
Modern office buildout includes private offices, a conference room, open bullpens, and a break room.
Property Size4,054 SF
Price / SF$453
Days on Market282
Property Features for 805 Aerovista Pl
General Information
Standard status
Active
Size
4,054 SF
Property subtype
OFFICE
Listing Agency:
Central Commercial Real Estate Group
(805) 748-2645
Listed By:
Hank Niezen · License #01831075
(805) 748-2645
Source:
Moodyscre
Added: Oct 21, 2025
Changed: Jul 26
Last Checked: Jul 28 at 2:15PM
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 Central Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This professional, modern office space is designed for medical and office use and features a tenant-ready interior buildout. The layout includes seven private offices, an executive style conference room, two open bullpens, and a full-size break room or kitchen.
The property is conveniently located on Aerovista Avenue near the airport and SLO Brew Rock, with parking provided for occupants and visitors.
As previously used, the space functioned as an office with an open bullpen area and four private offices, offering flexibility within the existing configuration.
The property is conveniently located on Aerovista Avenue near the airport and SLO Brew Rock, with parking provided for occupants and visitors.
As previously used, the space functioned as an office with an open bullpen area and four private offices, offering flexibility within the existing configuration.
Key Highlights
- Modern office buildout with seven private offices
- Includes an executive‑style conference room
- Two open bullpen areas for collaborative or flexible workspace
Financial Insights For Healthcare Medical
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 | $192.2k | $47.40 |
| − Vacancy | −$6.1k | −$1.52 |
| EGI | $186.0k | $45.88 |
| − OpEx | −$74.4k | −$18.35 |
| NOI | $111.6k | $27.53 |
4,054 SF · lease $47.40/SF/yr · vacancy 3.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.59M
$1.40M – $1.86M
NOI $111,606 @ 7.0% cap · market cap 6.06%
Second Best
Office B
$1.08M
$943.2K – $1.26M
NOI $75,453 @ 7.0% cap · market cap 4.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Modern office buildout includes private offices, a conference room, open bullpens, and a break room.
Where is this office units located?
The property is located at 805 Aerovista Pl San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $1,840,500.
What are key features of this property?
This property features: Modern office buildout with seven private offices; Includes an executive‑style conference room; Two open bullpen areas for collaborative or flexible workspace
