978 Griffin St Grover Beach, CA 93433
For Lease
1 / 9
This exceptional development opportunity in Grover Beach, California, presents two new commercial buildings totaling approximately 26,447 square feet on a prime parcel located at 978 Griffin Street E & F. The property is zoned M1 & C1, offering significant flexibility for various commercial uses. Building E, encompassing roughly 13,601 square feet, is divisible into six bays ranging from 2,643 to 2,785 square feet. Building F, approximately 12,846 square feet, can be divided into four bays, ranging from 3,162 to 3,307 square feet. This presents a unique chance to lease space in a newly constructed facility, tailored to meet diverse business needs. The asking price for the entire development project is $17,681. Leasing rates are $1.30 per square foot, plus NNN charges. This development is situated in San Luis Obispo County, California, with a zip code of 93433, offering easy access to local amenities and transportation routes. The property's latitude and longitude coordinates are 35.110807 and -120.621791 respectively. This is an ideal investment for businesses seeking modern, flexible space in a thriving California community.
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
M1 · Grover Beach, CACosts & 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.