Phone888.995.7575

705-709 Fiero Lane, San Luis Obispo, CA 93401

$11,500,000 Approx. USD 0 beds, 0 baths
57,855 sqft

Agent Remarks

Fiero I & II Commerce Park presents an opportunity to acquire an institutional quality multi-tenant flex industrial complex located in San Luis Obispo, California. The property is located at 705 and 709 Fiero Lane, in a popular industrial flex park adjacent to the San Luis Obispo County Airport. The buildings are of concrete tilt-up construction and are 100% leased to five tenants, including FedEx (NYSE: FDX), Apria Healthcare (formerly NYSE: AHG, acquired by Blackstone in 2008), and UL (Underwriters Laboratories: Private company with ~12,000 employees). Upgrades to the building exteriors were recently completed, which have enhanced the appeal of this quality property. Fiero I & II Commerce Park benefits from stable cash flow and a strong tenant base, in an ideal location in San Luis Obispo. Annual NOI: $664,338

Listing Details

Property type: (Comm/Ind/BusOp-Sale)
Status: Active
MLS# 1071311
List price is $11,500,000
Beds: 0
Baths: 0
Built in 1995
57,855 sqft
Lot size: 3.8400
Subdivision: San Luis Obispo
County: San Luis Obispo
Heating description: Forced Air
MLS area: San Luis Obispo

Last Updated: 9/19/2016

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Lat/Long: 35.243350, -120.643630.
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Broker: Courtesy of Rossetti Company
Listing Agent: Preston Thomas, SIOR

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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