Contacts
Mahoney & Associates
Property Details
- Property Type Industrial - Flex - Industrial
- Property Size 21,738 SF
- Lot Size 45,807 SF
- Cap Rate % 6.33
- Additional Rent Contact for pricing
- Parking Spaces Avail. 56
- Parking Ratio 2.58 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1982
- Date Updated Dec 3, 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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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78/100
Walk Score ®
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38/100
Transit Score ®
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48/100
Bike Score ®
Location
- City Salinas, CA
- Neighborhood Buena Vista
- Zip Code 93901
- Market Central Coast
Points of Interest
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Central Gas
0.48 miles
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Marathon
0.58 miles
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Rotten Robbie
0.60 miles
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Kwik Serv
0.75 miles
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Shell
0.78 miles
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Exxon
0.83 miles
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Arco
0.88 miles
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7-Eleven
0.94 miles
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DoubleTime
0.98 miles
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Tesla
1.15 miles
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ARCO
0.84 miles
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Ryder
1.11 miles
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Blanco Car Wash
1.15 miles
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Enterprise
3.49 miles
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Chevron
8.21 miles
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Quick Quack Car Wash
8.73 miles
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Jack in the Box
0.55 miles
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Tapatio
0.58 miles
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Fosters Freeze
0.61 miles
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Casa Sorrento Pizzeria
0.64 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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Pastability's
0.69 miles
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Cathay House
0.73 miles
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Bagel Corner
0.73 miles
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.
Mahoney & Associates
