new 1031 el camino real n, salinas...1031 el camino real n, salinas, ca 93907 o˜ering memorandum...
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RETAIL FOR SALE1031 El Camino Real N, Salinas, CA 93907
O�ering Memorandum
VICTOR BARRAZA [email protected] | 209.541.9229CalBRE # 01044484
PMZ REAL ESTATE1600 Carpenter Rd, Suite A1, Modesto, Ca 95351
209.527.5640 | www.pmzcommercial.com
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CONTENTSINVESTMENT HIGHLIGHTS
PROPERTY OVERVIEW
LOCATION OVERVIEW
ADDITIONAL PHOTOS
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OFFER GUIDELINES
O�ers should be submitted electronically to Victor Barraza at [email protected]. Call listing agent at 209.541.9229 for details on o�er guidelines and move-in incentives.
VICTOR BARRAZA, Broker AssociatePMZ Commercial Real [email protected] | 209.541.9229
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
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FACILITY OVERVIEW
Facility Type Multiple Tenants
Lease Type Modi�ed Gross
Building Size 2,800 SF
Year Built 2004
CURRENT TENANT OVERVIEW
Tu� Shed $5,500/month
Auto Body Shop $2,000/month
Residential Rental $1,500/month
ACTUALTENANT LEASE EXPIRATION
May 31, 2017
May 31, 2017
Month to Month
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
Investment Highlights
Total Monthly Income $9,000/month
Property Taxes $18,542
Insurance $3,342
Utilities $0
Property Management $0 (Managed by Landlord)
Maintenance $0
ANNUAL EXPENSES
Total Annual Expenses $21,884
Total Annual Income $108,000
Total Annual Expenses $21,884
Net Operating Income $86,116
Purchase Price $1,699,900
Cap Rate 5.0%
SUMMARY
Size 1.79 Acres
Zoning Light Commercial (LC)
Parcel Shape Irregular
Highway Frontage Yes
# of Buildings 2
PROPERTY INFO
Commercial Building 2,800 SF
House 1,322 SF
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Property Overview
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
PARCEL MAP
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Property Overview
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
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PARCEL MAP
*Approximate property lines. Interested parties to verify all info and requirements with appropriate authorities.
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TRAFFIC MAP SUMMARY
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Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
Uses allowed with an Administrative Permit:Many Retail OptionsBankDrug StoreO�ceConvenience MarketHardware StoreAppliance StoreOther
*Interested parties to verify all info and requirements with appropriate authorities.
Uses allowed with a Use Permit:Auto Sales/RepairService StationRestaurantsHotel and MotelLarge BanksWholesale and RetailMini Warehouse StorageOpen Air RetailAnimal HospitalOther
ZONING AND USES
Property Overview
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REGIONAL MAP
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Location Overview
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
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Location Overview
O�ce For Sale or Lease | O�ering Memorandum
1800 Tully Road, Modesto, CA 95350
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CA HIGHWAYS MAP
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Location Overview
TRAFFIC MAP SUMMARY
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
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Additional Photos
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
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Additional Photos
Retail For Sale | O�ering Memorandum
1031 El Camino Real N, Salinas, CA 93907
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