892 Aerovista, San Luis Obispo

The shell building at 892 Aerovista in San Luis Obispo is complete and we have leased two suites, with a third lease out for review.  At this point, one third of the building is leased and we should have two thirds leased within the next couple months.

892 Aerovista is San Luis Obispo’s newest Class A office building.  The offering rate is $2.25/ SF NNN with a $25/ SF tenant improvement allowance.  go to www.892aerovista.comIMG_1437 for more information or call me at 805-543-1400

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For Lease: 1140 Kendall Road

The flex-industrial building I am leasing at 1140 Kendall is almost complete.  This is a beautiful building with great views.  The spaces range in size from 2,993 SF to approximately 6,500 SF.  There are rear roll-up doors and the front consists of a man door and a glass roll-up door.  definitely worth a look.  Asking price is $1.15/ SF NNN.  Call Derek at 805-801-7352

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For Sale: 184 Casa Street

184 Casa street is a turn-key medical office located adjacent to Sierra Vista hospital.  The freestanding building is 2,350 SF and the asking price is $1,095,000.

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3000 Broad Sreet: One Suite Remaining

When a longtime tenant moved out of a large portion of the upstairs at 3000 Broad, the owner remodeled the space into 3 separate suites, all with their own restroom and kitchenette. Two of the suites have leased and there is only one remaining space at 1,360 SF.  Asking price is $1.15/SF NNN.  Call Derek Senn at 805-543-1400 for details.

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In Escrow: 764 Santa Rosa

I had significant activity on 764 Santa Rosa, a charming bungalow currently occupied by an optometrist.  It is difficult to find downtown office conversions with good exposure and sufficient parking for medical.  This has both.  I expect escrow to close in early 2017.  The asking price was $695,000 and there were three offers.

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For Lease: 1140 Kendall Road

1140 Kendall Road is currently under construction and is scheduled to be completed in late January 2017.  We are offering suites ranging in size from 2,993 SF to 6,525 SF.  These will be warehouse units with rear roll-up doors and storefronts with a small office.  The site has great parking at 1/300 and circulation is excellent.  The owners will also consider an office user.  Asking price for the warehouse units is $1.15/SF NNN.  Call Derek at 805-543-1400 for further details.

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892 Aerovista Progress

The construction of the new 36,200 SF office building at 892 Aerovista continues at a torrid pace and completion is scheduled for May of 2017.  We have received several inquiries and are currently negotiating a proposal for a large user.  However, at this point the entire building is still available.  Suites range in size from 5,000 to 36,200 SF.  Bring your tenants!

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