1222-1224 Vine St 19 757 pi² Bureau Immeuble Paso Robles, CA 93446 7 908 550 $ CAD (400,29 $ CAD/pi²) 8,34% Taux de capitalisation

Pacifica Commercial Realty is pleased to present 1222–1224 Vine Street, a premier downtown Paso Robles single-tenant office investment fully leased to Pearce Services, LLC, now part of CBRE following CBRE’s acquisition of Pearce Services.
The property consists of an approximately 19,757 SF three-story office headquarters building situated on an approximately 30,000 SF parcel in the heart of downtown Paso Robles. Originally developed as the Heritage Oaks Bank Administration Building, the asset features institutional-quality improvements, attractive architecture, and functional multi-floor office layouts ideal for long-term corporate occupancy.
The property is leased through November 30, 2029 under a net lease structure with scheduled 3% annual rent increases. Current annualized base rent is approximately $479,270, providing an approximate 8.33% cap rate at the $5,750,000 asking price.
The lease includes two separate 3-year extension options and additional offsite parking rights through an existing parking sublease agreement associated with the Paso Robles Inn property.
Located within Paso Robles’ vibrant downtown corridor, the property offers walkable access to restaurants, hotels, retail, and regional amenities, making it one of the area’s premier office investment opportunities.