- For Sale $600,000
- Property Type Retail
- Lot Size 0.09 SF
- Additional Rent Contact for pricing
- Date Updated Nov 15, 2024
The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire a long term absolute NNN ground leased storefront in Cayucos, CA. Fully Occupied by Highway 1 Rentals, the ground lease has over 77 years remaining in the primary term. With zero landlord responsibilities and annual CPI rent increases, this asset is ideal for an investor seeking passive cash flows for years to come. The 3,000 SF building on 3,750 SF parcel is strategically located along Ocean Avenue and is only a block from Cayucos Beach and Pier. Cayucos is a charming beachside community within San Luis Obispo County (7 million visitors annually) and is within 7 miles of Morro Bay and 20 miles from downtown San Luis Obispo. Additionally, the world-famous Highway is adjacent to Cayucos leading to Big Sur which sees more visitors than Yosemite National Park.
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Contacts
Eric Carlton
Jereme Snyder
Jake Haggard
Location
Getting Around
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Walk Score ®
69/100
Somewhat Walkable
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Bike Score ®
41/100
Somewhat Bikeable
- City Cayucos, CA
- Zip Code 93430
- Market Central Coast
Points of Interest
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Chevron
5.57 miles
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Mobil
6.75 miles
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Valero
6.78 miles
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Morri Gas
6.79 miles
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North Ocean Parking Area
0.76 miles
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Day Use Parking
9.40 miles
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Resedential parking
9.97 miles
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Hidden Kitchen
0.04 miles
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Ocean Front Pizza
0.05 miles
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Schooner's
0.05 miles
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Skippers
0.05 miles
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Ruddell's Smokehouse
0.06 miles
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Lunada Garden Bistro
0.07 miles
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Duckie's
0.08 miles
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Duckies Chowder House
0.08 miles
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Sea Shanty
0.40 miles
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Lolo's
4.66 miles
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Spencer's Fresh Market
4.91 miles
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Marina Square
6.55 miles
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Albertsons
6.61 miles
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Salt Building
6.63 miles
Frequently Asked Questions
How much does Highway One Realty - Absolute NNN Ground Lease cost?
The space currently listed for sale at Highway One Realty - Absolute NNN Ground Lease asks for $600,000.
What is the total square footage of Highway One Realty - Absolute NNN Ground Lease?
Highway One Realty - Absolute NNN Ground Lease totals 3,000 square feet.
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