1050 Los Osos Vly Rd Baywood-Los Osos, CA 93402
This exceptional 2,835 square foot restaurant space is available for lease in the thriving Los Osos Shopping Center, located in San Luis Obispo County. Situated in a busy, successful market/drug shopping center, this second-generation restaurant boasts impressive features including an 11-foot hood, a bar, a spacious dining area, a well-equipped prep area, a walk-in cooler, a banquet room, an office, and two restrooms. The center enjoys high visibility on Los Osos Valley Road, a major thoroughfare serving locals, commuters, and tourists traveling to and from San Luis Obispo. This prime location benefits from strong anchor tenants including Grocery Outlet, Rite Aid, Ace Hardware, Dollar Tree, and Starbucks, ensuring high foot traffic and a vibrant customer base. The lease rate is $1.60 per square foot, NNN (with estimated additional costs of $0.38 per square foot). The property is part of a larger 80,600 square foot shopping center, offering excellent opportunities for facade and monument signage. This turnkey restaurant space presents a unique opportunity for a discerning operator to establish or expand their business in a desirable coastal community. The single-story building offers immediate access and ample parking for customers. This is an ideal location to capitalize on the strong local economy and high volume of traffic.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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