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234 Reservation Rd
Marina, CA 93933 Outer Monterey

$1,515,000 USD

General Retail For Sale  •  5,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 5,000 SF
  • Lot Size 0.52 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Single
  • Zoning C1
30 Transit Score
50 Walk Score

Highlights

$111,240 Annual NNN Income ($9,270/Month) with 3% Annual Rent Increases
Absolute Triple Net (NNN) Lease Providing Passive, Management-Free Ownership
Approx. 7.3% Cap Rate with Stable Cash Flow in Coastal California
5,000 SF Single-Tenant Retail Investment with Fee Simple Ownership
Prime Monterey Bay Location with 22,000+ Vehicles Per Day on Reservation Road
Ideal for 1031 Exchange Buyers Seeking Long-Term Income and Appreciation

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
19 min - 9.8 mi
AirportDriveWalkDistance
Monterey Regional 15 min - 10.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Ben Hourani 213-722-9577 Pac Garden Assets
Ben Hourani 213-722-9577 Pac Garden Assets