- For Sale $5,295,000
- Property Type Industrial
- Property Size 21,738 SF
- Lot Size 45,807 SF
- Date Updated Mar 18, 2024
Improved Cap Rate at 6.33% — Mahoney & Associates is pleased to offer for sale 312 Abbott St. in Salinas, CA. The subject property benefits from a condominium map that contains 12 separate APNs held under a single ownership and being sold as a combined set. The tenant roster contains a mix of auto repair/detail uses and other light industrial uses as well as a permitted automotive paint booth. The units range in size from ±1,447 SF to ±3,389 SF. There are on-site his and hers common area restrooms and ±56 off street parking spaces. Each of the tenants’ leases were recently renewed with rents brought up to market rate. Salinas and the surrounding Monterey County area is subjected to a severe lack of small, light industrial space available for lease, providing the future Landlord with excellent tenant demand for space to lease.
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Contacts
James Kendall
Mahoney & Associates
(831) 646-1919
Location
Getting Around
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Walk Score ®
Very Walkable (78) -
Transit Score ®
Some Transit (38) -
Bike Score ®
Somewhat Bikeable (48)
- City Salinas, CA
- Neighborhood Buena Vista
- Zip Code 93901
- Market Central Coast
Points of Interest
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Salinas
1.05 miles
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Rotten Robbie
0.60 miles
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Shell
0.78 miles
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Arco
0.88 miles
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Pilot
0.88 miles
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Pilot Travel Center
0.89 miles
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Valero
0.98 miles
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Arco
1.08 miles
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Shell
1.14 miles
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eVgo
1.15 miles
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Star 1 Gas
1.22 miles
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Parking Lot 3
1.18 miles
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Parking Lot 2
1.19 miles
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Parking Lot 4
1.29 miles
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Hartnell Parking Garage
1.31 miles
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Parking Lot 6
1.36 miles
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Parking Lot 5
1.39 miles
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Della-Rose Deli Parking
1.42 miles
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General Parking
3.75 miles
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Trailer Parking
3.80 miles
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Wolf Hill Parking
8.32 miles
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Valley Center
0.78 miles
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Lucky
0.99 miles
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Star Market
1.05 miles
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Foods Co
1.15 miles
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Nob Hill Foods
1.19 miles
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Santa Fe
1.93 miles
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El Rey Market
1.98 miles
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LBC Salinas
2.39 miles
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La Princesa Market
2.42 miles
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Safeway
2.62 miles
Contact Listing Broker
James Kendall
Mahoney & Associates
(831) 646-1919