Estimated Monthly Payment: $32,833/mo Log in to view address MLS# SP19194759 Commercial Sale Listing Status: Sold


Ferrini Square is located in the coveted “north end� of San Luis Obispo, in close proximity to California Polytechnic State University and Cuesta College with over 30,000 students and faculty between them. The project is located on Foothill Blvd at the corners of Chorro and Broad Streets with access from Foothill Blvd, Chorro Street and Broad Street and near Highway 1 and 101. Foothill Blvd is a heavily trafficked street with traffic counts of 18,900 per day. Ferrini Square is surrounded by high-density university housing and single family residential neighborhoods. Additional high-density housing is being developed in the surrounding area. Ferrini Square has 10 commercial suites ranging in size from 510 sf to 2,100 sf. The project is anchored by Starbucks and Jamba which have been tenants since 1989. The project has been meticulously cared for with the original developer/owner maintaining the project from his on-site office.Address: 795-799 Foothill Blvd & 17 Chorro St, San Luis ObispoAPNs: 052-171-048 & 052-171-049Building Size: 10,838 SF (10 retail suites from 510 SF - 2,110 SF)Site Size: 49,386 SFPrice: $7,200,000.00Parking: 60 spaces, plus a 20% parking reduction creditNOI: $371,204Zoning: C-C-SFLong-Term Tenancies: Starbucks, Jamba, Taj Palace and Debbie’s Hair Fashion (20+ years)Traffic Count: 18,900 cars per dayLocation: Near Cal Poly and Cuesta College with over 30,000 students and faculty


Commercial Sale
SLO - San Luis Obispo
6-10 Units/Acre



Broker Reciprocity Courtesy of Anderson Commercial RE Service, Mark Anderson


Data last updated 10:21:52 PM, 02/28/2020


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