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Property profile & analytics
FOR LEASE
Commercial land

1168 W Branch St Arroyo Grande, CA 93420

2.82 ac lot
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-4940438
Property summary
AI-generated overview

Five Cities Center, located at 1168 W Branch St, Arroyo Grande, CA 93420, presents a significant retail investment opportunity in San Luis Obispo County. This 350,050 square foot strip center boasts a dominant position as a power center in the southern San Luis Obispo County trade area, anchored by nationally recognized tenants including Walmart (a top 1% national performer in annual visitors), Marshall's, Trader Joe's, Petco, and Food 4 Less. The center also includes a diverse mix of restaurants and other retailers, catering to Arroyo Grande and surrounding communities. Currently, there is 22,746 square feet of vacant space available, offering flexible options for prospective tenants. Spaces range from a minimum divisible unit of 1,233 square feet to a maximum contiguous space of 9,411 square feet, including a 24,000 square foot anchor space with end cap availability. The property provides ample parking with a 5 spaces per 1,000 square feet ratio. This high-traffic, well-established center offers exceptional visibility and access, making it an ideal location for businesses seeking strong growth potential in a thriving market. In-line opportunities are also available. Contact us today to learn more about this exceptional retail investment.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.82 ac (122,839 SF)
Zoning code GC
APN 007-787-015
UPID US09-4940438
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sphear Investments LLC · 4 yrs held
Sphear Investments LLC
since 2022
3 recorded transactions
2022
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Arroyo Grande, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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