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$1,600,000
40 Days On Site

200 Five Cities Drive
Pismo Beach, CA 93449

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
2,786
SqFt
$574
/SqFt
1998
Built
County:
San Luis Obispo
Listed by Raymond Rodriguez of Equity Union [email protected]
Call Now: (805)-771-9779
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(805)-771-9779
200 Five Cities Drive200 Five Cities Drive200 Five Cities Drive200 Five Cities Drive
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200 Five Cities Drive., operating as Pismo Beach Shell Gas & Sam's Food Market, is a two-story, single-tenant fuel station and convenience store located in the City of Pismo Beach, California. The building construction is of unknown framing with a pitched metal Loc-Panel roof and painted stucco exterior. Development was completed in 1998 and per city building permits, the structure consists of 2,786+/- square feet of improvements, situated on a 12,600+/- square foot lot, currently zoned C1 with permitted use as a retail gasoline station and convenience store. The Fee-Simple Shell Gas Station features a convenience store, a water & air station, 6 on-site parking spaces, a picnic area, and four dual-sided fuel dispensers, providing a total of 8 gas pumps. The current tenant, Valley Convenience Stores, Inc., is operating on the second option of an absolute NNN lease. The tenant is paying a fixed annual rental rate of $25.84 p/sf which calls for 0 increases through the remaining period of the lease which expires in 2037. The subject property is situated off Five Cities Dr. on the South 101 Corridor. The property is centrally located on a highly trafficked street averaging a traffic count of 15,700 cars in 2017 and surrounded by both major retailers as well as large, planned communities. The immediate vicinity, which includes Pismo Coast Premium Outlet, is a major retail draw for the area and includes well-known retailers such as Nike, Ralph Lauren, and Calvin Klein. In addition, the subject property is minutes from North Bach Campground and Pismo Beach Mobile Home Park, a 29-acre senior community with 233 home sites located on the Pacific Coast Highway. Pismo Beach is a city in San Luis Obispo County, in the Central Coast area of California, and is within proximity to both Morrow Bay and Paso Robles. The estimated population was 8,327 in the 2017 census, up from 8,185 in 2016 Pismo Beach is part of the Five Cities Area, a cluster of cities in that area of San Luis Obispo County. The median household income in a 1-mile radius is $71,046.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
40 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,786 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2893 Acres
Year Built 
1998
MLS® Number 
SR24232392
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.2893
Number Of Stories 
2
Parking Spaces 
6
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
2786
Water Source 
Public
Interior Features
Laundry Features 
None
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Community Features
Financing Terms Available 
CashConventionalContract
MLS Area 
PSMO - Pismo Beach


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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