7500 Portola Road

    Atascadero, CA 93422
    • $1,670,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: SP19227595
    UPDATED: 204 min ago
    $1,670,000
    • 0
      BEDS
    • 1.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,600
      SQFT
    • $363
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1956
    County:

    School Ratings & Info

    Description

    This project is a senior care home memory care facility, that was built from a 1956 building that used to be a daycare center. It has a new conditional use permit from the City of Atascadero. there is currently a 10 year lease in place with a lessee that has been running Senior care facilities in Atascadero for the last 20yrs. It is a triple net net lease. All expenses are paid by the tenant and it is grossing 10,574.00/mo. The first three months are an introductory rate of 6500.00 for the tenant to get up and running. There are monthly CAM fees of 2267.00 which are for property taxes and expensis. This amount can be adjusted as needed to pay for the maintenance of the facility. The structure is 4000sf upstairs and a 600sf basement for storage or office space. The structure has been completely renovated and brought up to current 2019 codes, and is ADA compliant as required.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T00:34:05.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
    www.legacy15.com/homes/99287482

    7500 Portola Road Atascadero, CA 93422

    • Price: $1,670,000
    • Status: Active
    • Updated: 204 min ago
    • ID#: SP19227595
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.38
    Acres
    4,600
    SQFT
    $363
    $/SQFT
    1956
    Built
    Neighborhood:
    ATSC - Atascadero
    County:
    San Luis Obispo
    Area:
    ATSC - Atascadero
    Property Description
    This project is a senior care home memory care facility, that was built from a 1956 building that used to be a daycare center. It has a new conditional use permit from the City of Atascadero. there is currently a 10 year lease in place with a lessee that has been running Senior care facilities in Atascadero for the last 20yrs. It is a triple net net lease. All expenses are paid by the tenant and it is grossing 10,574.00/mo. The first three months are an introductory rate of 6500.00 for the tenant to get up and running. There are monthly CAM fees of 2267.00 which are for property taxes and expensis. This amount can be adjusted as needed to pay for the maintenance of the facility. The structure is 4000sf upstairs and a 600sf basement for storage or office space. The structure has been completely renovated and brought up to current 2019 codes, and is ADA compliant as required.
    Exterior Features

    Construction Materials AsphaltConcreteDrywall WallsStone VeneerStucco Fence YN Yes Fencing WoodWrought Iron Lot Features 0-1 Unit/AcreBack YardGentle SlopingLandscapedPavedSprinklers Drip SystemSprinklers TimerYard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Roof Composition

    Interior Features

    Building Features Living Quarters Condo Area Units Square Feet Cooling Heat PumpEnergy Star Qualified EquipmentHigh EfficiencySeer Rated 16+ Cooling YN Yes Heating Heat PumpEnergy Star Qualified EquipmentHigh Efficiency Heating YN Yes Laundry Features Gas Dryer HookupInsideWasher Hookup

    Property Features

    Additional Parcels YN No Builder Name Pacific Rim Const. Building Area Units Square Feet Building Name Park Place Care Home Building Status Under Construction Business Type Nursing Home Country Us Electric 220 VoltsElectricity - On Property Land Use Other Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Specialty Retail Center Type Community/Specialty Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemFire Rated DrywallFire Sprinkler SystemFirewall(S)Smoke Detector(S)Wired For Alarm System Special Listing Conditions Standard Sprinklers YN Yes Water Source Public

    Listing provided courtesy of Thomas Carter of The Real Estate Office


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T00:34:05.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
     
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