Description of 6955 El Camino Real, Atascadero, CA 93422

High quality single tenant net lease (STNL) investment located on the Central Coast. Triple Net Corporate Lease with First Choice Physician Partners, a subsidiary of Tenet Healthcare Corporation, and guaranteed by Twin Cities Community Hospital, Inc. 10-Year initial lease term with +/- 9 years remaining with fixed 3% annual increases to the Base Rent. Property was extensively renovated in 2017/18 and is ideally located on the corner of El Camino Real and State Route 41 where two major arterial roadways connect making it one of Atascadero's most important intersections in the City. Current Net Operating Income (in-Place) is $511,280.40 Please click on the supplemental link to access the full offering memorandum regarding this investment opportunity.

Property Features of 6955 El Camino Real, Atascadero, CA 93422

TYPE
Office
Year Built
1980
Community
ATSC - Atascadero
Features
Central air
Lot acreage is: 0.6400
Corner lot
Total square feet: 27878.00
Courtesy of: Pacifica Commercial Realty, Corban Holland

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Office License: 01382568
Agent License: 01836854
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Last Updated: 10/13/2019