6955 El Camino Real Atascadero CA 93422 | MLS NS19078379

6955 El Camino Real
Atascadero, CA, 93422
$10,225,000
Beds
Baths
0 SqFt
0 Acres
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High quality single tenant net lease (STNL) investment located on the Central Coast. Triple Net Corporate Lease with First Choice Physician Partners, a subsidiary of Tenet Healthcare Corporation, and guaranteed by Twin Cities Community Hospital, Inc. 10-Year initial lease term with +/- 9 years remaining with fixed 3% annual increases to the Base Rent. Property was extensively renovated in 2017/18 and is ideally located on the corner of El Camino Real and State Route 41 where two major arterial roadways connect making it one of Atascadero’s most important intersections in the City. Current Net Operating Income (in-Place) is $511,280.40 Please click on the supplemental link to access the full offering memorandum regarding this investment opportunity.

Property Details

Price:
$10,225,000
MLS #:
NS19078379
Status:
Active
Address:
6955 El Camino Real
Type:
Commercial
City:
Atascadero
Listed Date:
Mar 5, 2019 (47 days)
State:
CA
Square Ft (approx):
0
ZIP:
93422
Year Built:
1980

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Central

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Public

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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Courtesy of Pacifica Commercial Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2019. California Regional Multiple Listing Service. All rights reserved.
6955 El Camino Real
Atascadero, CA