Courtland Village Retail Center
Courtland Village Retail Center
Marketing description
For Sale | Courtland Village Retail Center
📍 1375 E. Grand Ave, Suite 101–106, Arroyo Grande, CA
Offered at $2,100,000, Courtland Village presents an excellent opportunity to acquire a fully leased 5,980 sq. ft. retail center in the heart of Arroyo Grande’s thriving commercial corridor.
Built in 2009, this single-story stucco building offers modern construction with strong curb appeal and convenient access. The property is strategically located along Grand Avenue, Arroyo Grande’s main business corridor, surrounded by national and regional tenants including CVS, Panda Express, UPS Store, and Subway.
✨ Investment Highlights:
Occupancy: 100% leased
NOI: $105,190
Cap Rate: 5.72%
Parking: 51 on-site spaces
Zoning: Commercial Retail
Price/SF: $351
With its high-visibility location, stable tenant base, and proximity to major amenities and highways, Courtland Village is an attractive investment opportunity for those seeking reliable income in a desirable Central Coast market.
📐 Size: 5,980 sq. ft.
💲 Sale Price: $2,100,000
📊 Cap Rate: 5.72%
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