6917 El Camino Real Atascadero, CA 93422
- Theaters & concert halls
- 0.78 lot acres
Current Use by Public Records
- Que Pasa Mexican Cafe / Family Restaurant / Latin American Restaurant
- SloDoCo Donuts / Donut Shop
- Galaxy Atascadero / Movie Theater
Property Details for 6917 El Camino Real
- Lot size
- 0.78 lot acres
- Property type
- Theaters & concert halls
- APN
- 029-361-049
- APU
- 29361049
Description
Located at 6917 El Camino Real, Atascadero, CA 93422, Colony Square offers a unique investment opportunity in a thriving California market. This Class A, single-story building, constructed in 2011, boasts a total of 48,960 square feet across eight suites. The property features a diverse tenant mix, anchored by a ten-screen cinema, and includes a variety of spaces suitable for retail, office, and restaurant uses. Currently, 6,833 square feet are available, with minimum divisible space starting at 1,112 square feet and a maximum contiguous space of 1,632 square feet. The building is situated on El Camino Real, conveniently located near Hwy 41, placing it within Atascadero's bustling retail core, benefiting from high foot traffic and proximity to national retailers, banks, and other essential amenities. The property's APN is 029361048. Atascadero's population growth over the past decade provides a robust consumer base for businesses operating within Colony Square. This is an exceptional opportunity to establish a presence in a dynamic and growing community. The property is categorized as Traditional Office, Salon, Deli, and Restaurant, with multiple tenancy options available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $12,965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $12,745,000
- 6.5%
- $13,210,000
- 7%
- $13,225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $13,445,000
- Geo Method
- $11,980,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $14,915,000
- Retail
- $12,930,000
- Mixed-Use
- $14,345,000
- Hospitality
- $12,220,000
- Educational
- $13,645,000
- Residential Income
- $14,255,000
- Energy
- $10,865,000
- Income-Based Land
- $14,645,000
- Food Service
- $11,210,000
Location Insight
- Map
- Local Demand
- City
- Atascadero
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.665
- Latitude
- 35.4872
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
