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SLO Ranch Farms and Marketplace Froom Ranch
1,988 SF of Retail Space Available in San Luis Obispo, CA 93401
Highlights
- Amazing Hwy 101 visibility
- Large outdoor seating areas for tenants
- 2nd Quarter 2024 Projected Opening
- Located on new arterial connecting Irish Hills Plaza and the Madonna Plaza Shopping Center
- Destination spot for both locals and tourists
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,988 SF | Negotiable | $59.72 CAD/SF/YR $4.98 CAD/SF/MO $642.86 CAD/m²/YR $53.57 CAD/m²/MO $9,894 CAD/MO $118,731 CAD/YR | Triple Net (NNN) |
1st Floor
Agricultural Processing: Various size suites available. Designed for small restaurants, distillery, wine bar, cider house, or other food or drink establishment with large open shared tasting/seating area.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR Froom Ranch , San Luis Obispo, CA 93401
| Property Type | Retail | Gross Leasable Area | 33,500 SF |
| Property Subtype | Restaurant | Year Built | 2024 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 33,500 SF |
| Year Built | 2024 |
About the Property
An amazing new project located off Highway 101 in the heart of SLO. SLO Ranch Farm and Marketplace will have five main buildings surrounded by a large working farm. The Farm and Marketplace will preserve and emphasize the community’s roots in farming, as well as the historical significance of the site. SLO Ranch Farm and Market will include the following spaces: • The Market: this is the focal point of the plaza, front and center. It will be an open air building up to 3,000 square feet, with an additional 2,000 square feet of retail space, where customers can purchase local produce and groceries. • Restaurant: 5,000 square feet of restaurant space will be designed within indoor-outdoor seating in mind. • Retail Shops: up to 10,000 square foot center. Possible tenants include ice cream and confectionary, ranch and farm supply, kitchen and home goods store, tourist and clothing shops. • Agricultural Processing: up to 10,000 square feet designed for a winery, brewery, distillery and/or cider house, or creamery. • Cultural Heritage Center: re-purposing the historic house to hold the on-site cultural heritage center office. This building could all be used for additional offices, classrooms, or a caretaker’s quarters. • Bar: an outdoor bar to support one or more of the tenants and provide patrons refreshments with a view. • Event Stage: will be used for multiple purposes including bands and public and private event. • Working Farm: nearly 40 acres of prime agricultural farmland. • Interactive Seasonal Crops: nearly one acre dedicated to interactive crops such as pumpkin patches, hayrides, and berry picking. • Animal Pens: dedicated pen for livestock such as sheep and goats for a petting zoo, ponies for rides around the farm, and chickens for fresh eggs. • Community Garden Plots: individual garden plots to be rented and used by local residents. • Farm Accessory Buildings: up to 10,000 square feet of storage buildings to be used as farm and crop storage or extra space or storage for the tenants.
Nearby Major Retailers
Presented by
SLO Ranch Farms and Marketplace | Froom Ranch
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