- For Sale $5,295,000
- Property Type Retail
- Property Size 30,000 SF
- Lot Size 3.32 SF
- Building Class A
- Year Built 1981
- Date Updated Jun 12, 2025
Colliers | San Luis Obispo is proud to present the Subject Property located in The Oaks Shopping Plaza in Atascadero, CA. This single-tenant net leased (STNL) investment opportunity consists of a +/- 30,000 square foot retail anchor building leased to Thrive Business Development, Inc. (dba Valley Fitness). The property is strategically located on the main commercial corridor of Atascadero (El Camino Real – 19,000 AADT) and benefits from its easy access to Hwy 101 (56,852 AADT). Neighboring tenants of The Oaks Shopping Plaza include Food 4 Less, CVS, Smart & Final, Dutch Bros, Jersey Mike’s, Wendy’s, Walgreens, Planet Fitness, AutoZone, and Ace Hardware.
Valley Fitness has been a tenant at the Subject Property since its lease assumption in 2019 and has proven to be a successful operator at this location. Valley Fitness is a strong regional fitness tenant operating across the Central Valley and Central Coast with 13 locations. This Atascadero location is ranked #3 in site visits out of 18 fitness centers in a 15-mile radius according to Placer.ai.
This opportunity offers an investor a stabilized NNN investment with a long term lease with zero landlord responsibilities on California’s Central Coast.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
52/100
Somewhat Walkable
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Bike Score ®
39/100
Somewhat Bikeable
- City Atascadero, CA
- Neighborhood Paloma - Pine Mountain
- Zip Code 93422
- Market Central Coast
Points of Interest
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Chevron
0.55 miles
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Shell
0.70 miles
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Fastrip
0.70 miles
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Circle K
1.01 miles
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76
1.08 miles
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Atascadero Supercharger
1.24 miles
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Klem's
1.37 miles
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Stage Coach Liquor
2.04 miles
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Tesla Supercharger
4.76 miles
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Curbaril Avenue Park And Ride
0.48 miles
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Santa Rosa Park And Ride
0.51 miles
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Route 41 East Park And Ride
1.46 miles
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St Williams Church Park And Ride
1.49 miles
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Santa Barbara Rd Park And Ride
2.19 miles
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Day Use Parking
5.95 miles
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Santa Margarita Park And Ride
6.33 miles
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Las Tablas Park And Ride
6.59 miles
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California Highway Patrol
6.66 miles
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Bravo Pizza
0.03 miles
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Guest House Grill
0.05 miles
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Burger King
0.19 miles
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Cowgirl Cafe
0.24 miles
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The Taco Stand
0.33 miles
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Chitose
0.33 miles
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Marston's 101
0.37 miles
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Gogo Thai
0.41 miles
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Garcia's Mexican Restaurant
0.47 miles
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Overland Stage Western Steakhouse
0.67 miles
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Food 4 Less
0.21 miles
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Smart & Final Extra!
0.31 miles
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Vons
1.07 miles
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Big Lots
3.66 miles
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Grocery Outlet
3.76 miles
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Trader Joe's
5.95 miles
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Target
8.13 miles
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Ross
8.19 miles
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Walmart
9.81 miles
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Kohl's
9.96 miles
Frequently Asked Questions
The space currently listed for sale at Single Tenant Net Leased Investment Retail Anchor Building asks for $5,295,000.
Single Tenant Net Leased Investment Retail Anchor Building totals 30,000 square feet.
Single Tenant Net Leased Investment Retail Anchor Building was built in 1981.
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