Contacts
James Kendall
Mahoney & Associates
(831) 646-1919
Property Details
- Property Type Industrial - Flex - Industrial
- Property Size 21,738 SF
- Lot Size 45,807 SF
- Cap Rate % 6.33
- Parking Spaces Avail. 56
- Parking Ratio 2.58 / 1,000 SF
- Date Updated Apr 19, 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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Getting around
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Location
- 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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Enterprise
3.49 miles
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Chevron
8.21 miles
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Jack in the Box
0.55 miles
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Tapatio
0.58 miles
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Foster's Freeze
0.61 miles
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Casa Sorrento Pizzeria
0.65 miles
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Michael's Grill & Taqueria
0.65 miles
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Tico's Tacos
0.66 miles
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Burger King
0.67 miles
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Pastabilitys
0.69 miles
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Cathay House
0.73 miles
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Eagle Restaurant
0.73 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
James Kendall
Mahoney & Associates
(831) 646-1919