Descriptionof 6955 El Camino Real, Atascadero, CA 93422
High quality single tenant net lease (STNL) investment located on the Central Coast.
Triple Net Corporate Lease with First Choice Physician Partners, a subsidiary of Tenet Healthcare Corporation, and guaranteed by Twin Cities Community Hospital, Inc.
10-Year initial lease term with +/- 9 years remaining with fixed 3% annual increases to the Base Rent.
Property was extensively renovated in 2017/18 and is ideally located on the corner of El Camino Real and State Route 41 where two major arterial roadways connect making it one of Atascadero's most important intersections in the City.
Current Net Operating Income (in-Place) is $511,280.40
Please click on the supplemental link to access the full offering memorandum regarding this investment opportunity.
Property Featuresof 6955 El Camino Real, Atascadero, CA 93422
Year Built 1980
Community ATSC - Atascadero
Lot acreage is: 0.6400
Total square feet: 27878.00
Courtesy of: Pacifica Commercial Realty, Corban Holland
Homes for Sale Nearby6955 El Camino Real, Atascadero, CA 93422
Recent Sales Nearby6955 El Camino Real, Atascadero, CA 93422