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Oak Park Plaza | Retail Redevelopment

Market Price

1570 West Branch Street, Arroyo Grande, CA 93420

Active
Last Updated: 11/09/2023

87,000 sqft

Building Size

278,784 sqft

Lot Area

Details:
Building Size:    87,000 sqft
Lot Area:    278,784 sqft
Class:    A
Year Built:    Originally Built in 1982 | Complete Renovation 2019
Tenancy:    Multiple
Floors:    1
Highlights:
  • HIGH IMAGE, HIGH VISIBILITY RETAIL - Rare opportunity in supply restricted market to lease high visibility anchor property along Highway 101. More than 70,100 ADT travel along Highway 101, and an additional 19,000 ADT on Oak Park Blvd.
  • LOCATED IN REGIONAL RETAIL HUB - Nearby retailers include: Walmart, Food-4-Less, Marshall’s, Trader Joe’s, Petco, Pier One, Office Max, OSH, CVS, Ross Dress for Less, Big 5 and Panera Bread.
  • AFFLUENT LOCAL DEMOGRAPHICS - $100,000+ Average Household Income for 1 mile radius; 3 mile population exceeding 46.5K residents.
  • CENTER REMODEL AND REPOSITIONING - Multiple new retail storefronts will provide each tenant their own identity and signage opportunity. See page 6 of brochure for concept images.
  • COVERED LOADING DOCK AND TRUCK WELL - Located at the rear of building with 360 degree ingress/egress around center.
  • OCCUPANCY - Expected 4th Quarter 2019, subject to Landlord’s completion of construction now in progress.
  • COMMUNITY EXCITEMENT SURROUNDING DEVELOPMENT - Our office has received dozens of inquiries from community members excited about this redevelopment. Be part of the story!
Description:

1570 W Branch is an approx. 87,000 SF former Kmart building with 25,000 SF of renovated space now available for lease. The property is located in the Oak Park Plaza near the southeast corner of W Branch Street and Oak Park Blvd. This property also benefits from HWY 101 visibility, nearby on/off-ramp access, and close proximity to robust retail corridors to the north and south.

Map:
1 Space Available

Remaining Divisable Space Grocery Anchored/Community Center

Available:
Immediately
Sublease:
No
SQFT
25,000
Lease Rate:
$0/mo
Lease Type:
NNN

Up to 25,000 SF of anchor space still available for lease.

Documents:
Title
Property Brochure
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Location
Gallery