5145 Traffic Way, #5, Atascadero, CA 93422
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Listed Price :
$2,200,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1998
Property Description
Excellent investment opportunity! This large industrial building in a small condominium center on Traffic Way offers a solid cap rate of approximately 5.5%. The current long-term tenant, Atascadero Door Company, has been in business for 30+ years and pays $10,000/month NNN, with rent scheduled to increase in 2026. The lease runs through 2029, with two five-year options to extend.
Interior Features
Laundry Information |
Location(s) |
None |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
5145 Traffic Way, #5 |
City |
Atascadero |
State |
CA |
Zip |
93422 |
County |
San Luis Obispo |
Listing Agent |
Valerie Walla DRE #02217940 |
Co-Listing Agent |
Mike Sherer DRE #00930139 |
Courtesy Of |
Century 21 Hometown Realty, San Luis Obispo Office |
List Price |
$2,200,000 |
Status |
Active |
Type |
Commercial |
Subtype |
Industrial |
Structure Size |
N/A |
Lot Size |
9,640 |
Year Built |
1998 |
Listing information courtesy of: Valerie Walla, Mike Sherer, Century 21 Hometown Realty, San Luis Obispo Office. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 3rd, 2025 at 6:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.