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Retail Storefront Investment Opportunity
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2260 N Fremont St, Monterey, CA 93940

For-sale retail storefront with 100% occupancy and a long-term ground lease with 20 years remaining.

Property SizeContact for details
Days on Market108

Property Features for 2260 N Fremont St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 11.09%
Listing Agency: Visintainer Group
Listed By: Brett Visintainer · License #CA 01792092
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 22 at 5:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Visintainer Group

Investment Insights

Based on property information with market context.

This for-sale retail storefront offering is presented as an income-producing investment with 100% occupancy. The tenant mix includes Salon Centric and Balance PT, with recently renewed lease agreements mentioned in the remarks.

The opportunity is structured as a long-term leasehold interest with 20 years remaining on the ground lease and a 10-year renewal option. The remarks also reference an 11.09% cap rate for the property.

The property is located at 2260 N Fremont St in Monterey, California, and the remarks describe the site as being on North Fremont Street between Monterey and Seaside.

Key Highlights

  • For‑sale retail storefront at 2260 Fremont Street, Monterey, CA 93940
  • 100% occupancy with a diverse tenant mix
  • Recently renewed leases include Salon Centric and Balance PT

Property Analytics

Current Use

MARGRET ANNE KELLY Physician SalonCentric (Bike/Boat/Book/etc) Store Sara Long Physician Arash Maslehati Physician Caitlin Kenagy Physician

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Restaurant Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

911
Businesses Nearby
144k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 42% Shops & Services 31% Dining 14% Hotels & Casinos 7%
Safeway Groceries
60,028 visits/mo 0.5 miles
Dollar Tree Shops & Services
21,482 visits/mo 0.1 miles
Chevron Shops & Services
10,902 visits/mo 0.4 miles
Black Bear Diner Dining
10,665 visits/mo 0.4 miles
Big 5 Sporting Goods Apparel
7,381 visits/mo 0.2 miles

Demographics for 93940, CA

30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - For-sale retail storefront with 100% occupancy and a long-term ground lease with 20 years remaining.
Where is this shopping center located?
The property is located at 2260 N Fremont St Monterey, CA.
What are key features of this property?
This property features: For‑sale retail storefront at 2260 Fremont Street, Monterey, CA 93940; 100% occupancy with a diverse tenant mix; Recently renewed leases include Salon Centric and Balance PT
More about this property
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