3991 S Higuera St San Luis Obispo, CA 93401
For Lease
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This exceptional Class A retail property, located at 3991 S Higuera St, San Luis Obispo, CA 93401, offers a prominent corner location within a two-grocery anchored shopping center. Boasting excellent visibility from Higuera Street, a major thoroughfare leading to and from downtown San Luis Obispo, this freestanding building provides unparalleled access to a high volume of traffic. The 4,500 square foot building, constructed in 2004, is currently divided into two separate spaces: approximately 2,800 square feet and 1,700 square feet. Each space includes its own set of ADA-compliant restrooms, offering convenience and accessibility for tenants and customers. The property is highly versatile, allowing for either individual occupancy of the existing spaces or a combined lease of the entire 4,500 square feet. Previously occupied by a bank, this space presents a unique opportunity for a variety of retail businesses seeking a high-profile location in a thriving San Luis Obispo County market. The minimum leasable space is 1,700 square feet, making it ideal for businesses of various sizes. This property is situated in a well-established shopping center, ensuring high foot traffic and strong visibility. The cross street is Suburban St, further enhancing its accessibility and prominence.
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U.S. Bank Branch Bank Loan Service
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U.S. Bank ATM - San Luis Obispo Atm Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · San Luis Obispo, CASan Luis Obispo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.