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Madonna Plaza Shopping Center 201-297 Madonna Rd 1,421 - 25,716 SF of Retail Space Available in San Luis Obispo, CA 93405

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SPACE AVAILABILITY (7)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 211
  • 3,283 SF
  • 5 Years
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
207-271 Madonna Rd - 1st Floor - Ste 211
Space Use
Retail
Condition
Full Build-Out
Availability
Now

319,255 SF remodelled Power Center located in San Luis Obispo's most prominent retail intersection

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Remodeled
  • Pprominent retail intersection
  • 1st Floor, Ste 261
  • 3,718 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
207-271 Madonna Rd - 1st Floor - Ste 261
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 265-A
  • 1,421 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Full Service
207-271 Madonna Rd - 1st Floor - Ste 265-A
Space Use
Retail
Condition
-
Availability
Now
  • Rate includes utilities, building services and property expenses
  • 1st Floor, Ste 269
  • 4,268 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
207-271 Madonna Rd - 1st Floor - Ste 269
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 271-B
  • 10,036 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
207-271 Madonna Rd - 1st Floor - Ste 271-B
Space Use
Retail
Condition
-
Availability
Now

Jr. Anchor space available Q2 2025

  • 1st Floor, Ste 285-A
  • 1,485 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
285 Madonna Rd - 1st Floor - Ste 285-A
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 285-B
  • 1,505 SF
  • 1-5 Years
  • $45.69 CAD/SF/YR $3.81 CAD/SF/MO $68,761 CAD/YR $5,730 CAD/MO
  • Triple Net (NNN)
285 Madonna Rd - 1st Floor - Ste 285-B
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste 211 3,283 SF 5 Years Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 261 3,718 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 265-A 1,421 SF Negotiable Upon Request Upon Request Upon Request Upon Request Full Service
1st Floor, Ste 269 4,268 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 271-B 10,036 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 285-A 1,485 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 285-B 1,505 SF 1-5 Years $45.69 CAD/SF/YR $3.81 CAD/SF/MO $68,761 CAD/YR $5,730 CAD/MO Triple Net (NNN)

207-271 Madonna Rd - 1st Floor - Ste 211

Size
3,283 SF
Term
5 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

319,255 SF remodelled Power Center located in San Luis Obispo's most prominent retail intersection

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Remodeled
  • Pprominent retail intersection

207-271 Madonna Rd - 1st Floor - Ste 261

Size
3,718 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Located in-line with other retail
  • Space is in Excellent Condition

207-271 Madonna Rd - 1st Floor - Ste 265-A

Size
1,421 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Full Service
Space Use
Retail
Condition
-
Availability
Now

  • Rate includes utilities, building services and property expenses

207-271 Madonna Rd - 1st Floor - Ste 269

Size
4,268 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Located in-line with other retail
  • Space is in Excellent Condition

207-271 Madonna Rd - 1st Floor - Ste 271-B

Size
10,036 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
-
Availability
Now

Jr. Anchor space available Q2 2025

285 Madonna Rd - 1st Floor - Ste 285-A

Size
1,485 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Located in-line with other retail
  • Space is in Excellent Condition

285 Madonna Rd - 1st Floor - Ste 285-B

Size
1,505 SF
Term
1-5 Years
Rental Rate
$45.69 CAD/SF/YR $3.81 CAD/SF/MO $68,761 CAD/YR $5,730 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

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.

SITE PLAN

SELECT TENANTS AT MADONNA PLAZA SHOPPING CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Best Buy
  • Consumer Electronics
  • 1,170
  • International
  • Michaels
  • Art/Crafts
  • 1,438
  • International
  • Ralphs
  • Supermarket
  • 245
  • National
  • Ross Dress For Less
  • Other Retail
  • 2,192
  • International
  • Tilly's
  • Unisex Apparel
  • 289
  • National
  • ULTA Beauty
  • Health & Beauty Aids
  • 1,970
  • National
TENANT DESCRIPTION US LOCATIONS REACH
Best Buy Consumer Electronics 1,170 International
Michaels Art/Crafts 1,438 International
Ralphs Supermarket 245 National
Ross Dress For Less Other Retail 2,192 International
Tilly's Unisex Apparel 289 National
ULTA Beauty Health & Beauty Aids 1,970 National

PROPERTY FACTS

Total Space Available 25,716 SF
Center Type Power Center
Parking 1236 Spaces
Center Properties 9
Frontage
1,615’ on El Mercado Ave
  • 954’ on Madonna Rd
Gross Leasable Area 226,355 SF
Total Land Area 51.98 AC
Year Built 1968

ABOUT THE PROPERTY

Madonna Plaza is a +/-319,255 square foot power center located at the NEQ of Madonna Road and El Mercado along Highway 101 in south western San Luis Obispo, CA. The center is part of more than 2.2M square feet of commercial retail in the San Luis Obispo trade area. Madonna Plaza is highly visible and conveniently accessible to more than 69,000 cars per day traveling on US Highway 101.

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
U.S. Bank
IHOP
Denny's
Sprouts Farmers Market
Club Pilates
Buffalo Wild Wings
Chase Bank
UMB Bank
Grocery Outlet
  • Listing ID: 11943499

  • Date on Market: 2025-10-16

  • Last Updated:

  • Address: 201-297 Madonna Rd, San Luis Obispo, CA 93405

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