Highway One Realty - Absolute NNN Ground Lease

For Sale

148 N Ocean Ave, Cayucos, CA 93430

This Cayucos property for sale is located at 148 N Ocean Ave. The current listed sale price for Highway One Realty - Absolute NNN Ground Lease is $600,000. Highway One Realty - Absolute NNN Ground Lease is situated on a lot that is 0.09 square feet in size.

Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

Jake Haggard

Property Details

  • Property Type Retail
  • Lot Size 0.09 SF
  • Additional Rent Contact for pricing
  • Date Updated Nov 14, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire a long term absolute NNN ground leased storefront in Cayucos, CA. Fully Occupied by Highway 1 Rentals, the ground lease has over 77 years remaining in the primary term. With zero landlord responsibilities and annual CPI rent increases, this asset is ideal for an investor seeking passive cash flows for years to come. The 3,000 SF building on 3,750 SF parcel is strategically located along Ocean Avenue and is only a block from Cayucos Beach and Pier. Cayucos is a charming beachside community within San Luis Obispo County (7 million visitors annually) and is within 7 miles of Morro Bay and 20 miles from downtown San Luis Obispo. Additionally, the world-famous Highway is adjacent to Cayucos leading to Big Sur which sees more visitors than Yosemite National Park.

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Getting around

  • 69/100

    Walk Score ®

  • 41/100

    Bike Score ®

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Location

  • City Cayucos, CA
  • Zip Code 93430
  • Market Central Coast

Points of Interest

  • Chevron

    5.57 miles

  • Mobil

    6.75 miles

  • Valero

    6.78 miles

  • Morri Gas

    6.79 miles

  • North Ocean Parking Area

    0.76 miles

  • Day Use Parking

    9.40 miles

  • Resedential parking

    9.97 miles

  • Hidden Kitchen

    0.04 miles

  • Ocean Front Pizza

    0.05 miles

  • Schooner's

    0.05 miles

  • Skippers

    0.05 miles

  • Ruddell's Smokehouse

    0.06 miles

  • Lunada Garden Bistro

    0.07 miles

  • Duckie's

    0.08 miles

  • Duckies Chowder House

    0.08 miles

  • Sea Shanty

    0.40 miles

  • Lolo's

    4.66 miles

  • Spencer's Fresh Market

    4.91 miles

  • Marina Square

    6.55 miles

  • Albertsons

    6.61 miles

  • Salt Building

    6.63 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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