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305-487 Madonna Rd
San Luis Obispo, CA 93405

$2.75 USD/SF/MO - $36.00 USD/SF/YR

Unknown For Lease  •  957+ SF

Property Details

  • Property Type Unknown
  • Year Built 1987
  • Total Building Size 306,855 SF
30 Transit Score
50 Walk Score

6 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 17 Retail 1,398 SF $36.00 USD/SF/YR 
Please refer to the leasing flyer for information on square feet available & lease rates.
Asking rent is $3.00/sf, NNN (est. $0.86/sf)

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 19 & 20 Retail 7,143-14,516 SF $2.75 USD/SF/MO 
Two separate former restaurant spaces that can be utilized for another restaurant use or combined for one large 14,516sf freestanding building.
Please refer to the leasing flyer for information on square feet available & lease rates.
Asking rent is $2.00/sf, NNN (est. $0.86/sf)

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet
1st Floor Ste 21 Retail 2,800 SF $36.00 USD/SF/YR 
Please refer to the leasing flyer for information on square feet available & lease rates.
Asking rent is $3.00/sf, NNN (est. $0.71/sf)

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 24 Retail 1,876 SF $36.00 USD/SF/YR 
Former Game Stop. Please refer to the leasing flyer for information on square feet available & lease rates.
Asking rent is $3.00/sf, NNN (est. $0.86/sf)

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 3 Retail 957 SF $36.00 USD/SF/YR 
Please refer to the leasing flyer for information on square feet available & lease rates.
Asking rent is $3.00/sf, NNN (est. $0.86/sf)

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 4 Retail 35,786 SF $24.00 USD/SF/YR 
Former Bed Bath & Beyond, great open space that can be demised. Anchor space is adjacent to brand new Nordstrom Rack, Hobby Lobby, REI, & Sprouts.  
Please refer to the leasing flyer for information on square feet available & lease rates.
Asking rent is $2.00/sf, NNN (est. $0.71/sf)

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description 

Premier shopping center in the heart of San Luis Obispo with unique tenants including Sprouts Farmers Market, REI, Hobby Lobby, Nordstrom Rack, Boot Barn and more. Over 200 new homes newly built directly adjacent to this property as well as a new overpass from Highway 101 directly in front of the shopping center. Don't miss out on this opportunity to be part of one of the most desirable shopping centers in the trade area.

Highlights

Rarely Available Anchor Position (±35,924 SF)
Sprouts, REI, Hobby Lobby, Nordstrom Rack and Boot Barn Now Open!
±256,000 SF Regional Shopping Center Adjacent to Madonna Plaza
Over 67,964 ADT Traveling Along Highway 101
High Performing Regional Shopping Center
High Residential Growth Area (577 New Homes Completed & Under Construction Directly to the South)

Property Flyers

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

Major Tenants

Tenant SF Occupied Lease End Date
Boot Barn
Hobby Lobby
Nordstrom Rack
REI
Sprouts Farmers Market
World Market

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.3 mi
AirportDriveWalkDistance
San Luis County Regional 12 min - 5.5 mi
Natalie V. Wagner, CCIM 805-232-4550 Lockehouse Retail Group
Natalie V. Wagner, CCIM 805-232-4550 Lockehouse Retail Group