$5,250,000.00

For Sale | DOWNTOWN SALINAS MULTI-TENANT LEASED INVESTMENT

Mahoney & Associates is pleased to present to the market 344 Salinas St. in Salinas, CA. Located in downtown Salinas, 344 Salinas St. is a prime two-story multi-tenant office building offering an excellent investment opportunity. This large office property is strategically located, has a diverse tenant mix, and a history of low vacancy. Rare to downtown, the property offers onsite parking as well as a neighboring City parking garage for convenience. With the opportunity to increase rents over time and potentially add value through strategic improvements, the property offers attractive upside potential for investors. Salinas has a strong office rental market making it an attractive option for investors looking to diversify their portfolio and generate consistent rental income.

Details

Price : $5,250,000.00
Cap Rate : 6.7%
Address : 344 Salinas St.
City : Salinas
State : CA
Zip Code : 93901
Latitude : 36.6722619
Longitude : -121.6560854
Property Type : Office
Purpose : Sell
Building Size : ±27,660 SF
Lot Size : ±12,363 SF
Zoning : Commercial Office
Property ID : 6915

Attachments

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Chris Tonini
DRE#02088036
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Ian Jones
DRE# 02165792
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CONTACT US

Phone: (831) 646-1919
Fax: (831) 646-1115
Email Us: [email protected]

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