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Two-Story Office Suite
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8838 Morro Rd, Atascadero, CA 93422

Two-story office suite within Creekside Center, offering open floor plans and multiple private balconies.

Property Size2,633 SF
Days on Market120

Property Features for 8838 Morro Rd

General Information

Standard status Active
Size 2,633 SF
Property subtype Office

Additional Details

Cap Rate 5.5%

Amenities

private balconies
open floor plans

Building Details

Stories 2
Tenancy Multi
Listing Agency: Home & Ranch Sotheby’s International Realty
Listed By: David Crabtree · License #01259831
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 1:59PM

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 Home & Ranch Sotheby’s International Realty

Investment Insights

Based on property information with market context.

This two-story office suite is located in the back of Creekside Center Office Building, a newer development in Atascadero. The space includes open floor plans, along with multiple private balconies, providing multiple breakout areas for everyday workflow. Ample parking is also available for tenant and guest access.

The offering is described as a multi-tenant office configuration, with an estimated income approach of approximately $3,200 per month upon full leased status, after expenses, and a stated 5.5% cap rate. The building totals more than 2,633± square feet of office space.

Overall, the property presents a straightforward office asset positioned within a purpose-built office center, with balconies and parking supporting ongoing tenant use.

Key Highlights

  • Creekside Center two‑story office building with over 2,633± SF of office space
  • Open floor plans with multiple private balconies
  • Multiple tenants—approximately generating $3,200/mo upon full leased, after all expenses

Property Analytics

Current Use

Diosa Hair Studio Hair Salon Peaceofmind-massage-morrobay Alternative Medicine Practice Danican Inc. Big Box & Wholesale Store

Suggested Use

Top Pick HVAC Service Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Real Estate Agency

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 93422, CA

33,041
Population
13,702
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
68.8 sq mi
ZIP Area
480
Density / Sq Mi
$89,916
Median Household Income
$46,939
Median Earnings
$1,841
Median Rent
$692,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office suite within Creekside Center, offering open floor plans and multiple private balconies.
Where is this office building located?
The property is located at 8838 Morro Rd Atascadero, CA.
What are key features of this property?
This property features: Creekside Center two‑story office building with over 2,633± SF of office space; Open floor plans with multiple private balconies; Multiple tenants—approximately generating $3,200/mo upon full leased, after all expenses
(805) 434-9700 Call to check price and availability
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