What is the asking price for Ground Lease - 148. N. Ocean Ave., Cayucos, CA?

The lease rate for space here is $549,999.

What is the total size of Ground Lease - 148. N. Ocean Ave., Cayucos, CA?

The property has a total square footage of 3,000 SF.

When was this property built?

Ground Lease - 148. N. Ocean Ave., Cayucos, CA was built in 1960.

How many parking spaces are available at Ground Lease - 148. N. Ocean Ave., Cayucos, CA?

Parking information for the property isn't currently listed. However, other nearby parking options include North Ocean Parking Area, located 0.76 miles away , and Day Use Parking, which is 9.40 miles away.

148 N Ocean Ave, Cayucos, CA 93430

For Sale $549,999
Property Type Retail
Property Size 3,000 SF
Lot Size 0.09 SF
Year Built 1960
Date Updated Nov 3, 2026

Description

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.

This is an excellent opportunity to purchase a long-term ground leased retail asset with below market rents, zero landlord responsibilities, uncapped CPI rent increases and steps from the beach providing generational cash flows.

Available