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1575 Calle Joaquin 5,940 SF of Retail Space Available in San Luis Obispo, CA 93405
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,940 SF | Negotiable | $33.06 CAD/SF/YR $2.76 CAD/SF/MO $196,376 CAD/YR $16,365 CAD/MO | Triple Net (NNN) |
1st Floor
• 5,940± SF • $2.00 SF NNN A San Luis Obispo restaurant property with outstanding freeway visibility. The owner is looking for a restaurant/fast food operator to augment his EV lounge concept. Plans are in the works to help drive business by offering electronic vehicle charging stations on site. The free-standing building consists of approximately 6000 SF with a high-volume kitchen, large prep areas and walk-in refrigeration capacity. Seating capacity for over 100 inside with two outdoor patios for additional dining. Dining areas consist of a mix of counter seats, booth seating and open dining areas that can be arranged or segregated for private parties and banquets. There is flexibility in the size and design concepts for the food service area. The space could be demised for a smaller restaurant operation allowing for a separate EV lounge area to service charging patrons. There are 65 parking spaces to accommodate customers and charging patrons. The property is located at the southern entrance to San Luis Obispo at the LOVR exit. Surrounded by 4 hotels, including the Hampton Inn and Suites and the Courtyard Marriot, and straddled on both sides of the freeway with residential housing. The property offers immediate occupancy with all kitchen equipment and facilities ready to go. A tenant can customize their design concept and be ready for service with no downtime for construction or improvements. Located down the street from Costco and Home Depot, the Los Osos Valley Road corridor is the major destination for San Luis Obispo consumers. The right concept and great food can make this location a destination landmark for San Luis Obispo.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,940 SF | Gross Leasable Area | 5,940 SF |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Restaurant | Parking Ratio | 7.07/1,000 SF |
| Total Space Available | 5,940 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,940 SF |
| Year Built | 1967 |
| Parking Ratio | 7.07/1,000 SF |
About the Property
THIS PROPERTY IS FOR SALE OR LEASE. A San Luis Obispo restaurant property with outstanding freeway visibility. The free-standing building consists of approximately 6000 SF with a high-volume kitchen, large prep areas and walk-in refrigeration capacity. Seating capacity for over 100 inside with two outdoor patios for additional dining. Dining areas consist of a mix of counter seats, booth seating and open dining areas that can be arranged or segregated for private parties and banquets. There is flexibility in the size and design concepts for the food service area. There are 65 parking spaces to accommodate customers. For leasing opportunities, the Landlord is in the solar business and has plans for implementing up to 50 EV charging stations in the parking area. Based upon Tenant’s term and mutual agreement this plan may be incorporated into the long-term amenities of the property. The property is located at the southern entrance to San Luis Obispo at the LOVR exit. Surrounded by 4 hotels, including the Hampton Inn and Suites and the Courtyard Marriot, and straddled on both sides of the freeway with residential housing. The property offers immediate occupancy. A tenant can customize their design concept and be ready for service with no downtime for construction or improvements. Located down the street from Costco and Home Depot, the Los Osos Valley Road corridor is the major destination for San Luis Obispo consumers. The right concept and great food can make this location a destination landmark for San Luis Obispo.
- Restaurant
- Air Conditioning
Nearby Major Retailers
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1575 Calle Joaquin
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