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Description
NNN Leased Commercial Investment | North SalinasExcellent opportunity to acquire a triple-net (NNN) leased commercial property located on North Main Street, one of Salinas most heavily traveled commercial corridors. This 4,590 SF building, originally constructed in 1982, offers stable, passive income with minimal landlord responsibility.The property is currently leased at $8,000 per month ($96,000 annually) under a NNN lease structure, providing predictable cash flow and insulating ownership from operating expenses. With strong street visibility, convenient ingress/egress, and proximity to Highway 101, the location benefits from consistent daily traffic and surrounding residential density.Situated within a well-established North Salinas trade area, the property is near major retail, service, and employment centers, making it attractive for long-term tenant demand. This offering is well-suited for 1031 exchange buyers, passive investors, or those seeking a stable commercial asset in Monterey County.Highlights: 4,590 SF commercial building Built in 1982 $8,000/month | $96,000 annual NOI True Triple Net (NNN) lease High-traffic North Main Street location Strong surrounding demographics Easy access to Highway 101Confidential offering. Information deemed reliable but not guaranteed. Prospective buyers to verify all details independently.
NNN Leased Commercial Investment | North SalinasExcellent opportunity to acquire a triple-net (NNN) leased commercial property located on North Main Street, one of Salinas most heavily traveled commercial corridors. This 4,590 SF building, originally constructed in 1982, offers stable, passive income with minimal landlord responsibility.The property is currently leased at $8,000 per month ($96,000 annually) under a NNN lease structure, providing predictable cash flow and insulating ownership from operating expenses. With strong street visibility, convenient ingress/egress, and proximity to Highway 101, the location benefits from consistent daily traffic and surrounding residential density.Situated within a well-established North Salinas trade area, the property is near major retail, service, and employment centers, making it attractive for long-term tenant demand. This offering is well-suited for 1031 exchange buyers, passive investors, or those seeking a stable commercial asset in Monterey County.Highlights: 4,590 SF commercial building Built in 1982 $8,000/month | $96,000 annual NOI True Triple Net (NNN) lease High-traffic North Main Street location Strong surrounding demographics Easy access to Highway 101Confidential offering. Information deemed reliable but not guaranteed. Prospective buyers to verify all details independently.
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