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915 Abbott St 2,788 SF 100% Leased Retail Building Salinas, CA 93901 $3,316,706 CAD ($1,189.64 CAD/SF) 5% Cap Rate
EXECUTIVE SUMMARY
Kidder Mathews and Cushman & Wakefield are please to present this NNN Leased Investment opportunity, in the highly coveted Monterey County. The Site is located in a high traffic location of Southwest Salinas. The Tenant/Franchisee Henley Enterprises currently spans 12 states and operates over 265 locations, as the largest Valvoline Instant Oil Change (VIOC) Franchisees in the nation.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,788 SF
Building Class
C
Year Built
1999
Price
$3,316,706 CAD
Price Per SF
$1,189.64 CAD
Cap Rate
5%
NOI
$165,835 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
2.87 AC
Opportunity Zone
Yes
Zoning
IGC - Industrial Commercial
Parking
18 Spaces (6.46 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
1 of 4
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915 Abbott St
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