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Gateway Retail Suites
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520-560 Munras Ave, Monterey, CA 93940

Flexible retail suites at a major Monterey arterial with strong surrounding co-tenancy.

Space Size590 SF - 1,615 SF
Property Size25,626 SF
Days on Market50

Property Features for 520-560 Munras Ave

General Information

Standard status Active
Size 590 SF - 1,615 SF
Property subtype Retail

Additional Details

Traffic Count 16,492 vehicles/day

Building Details

Building Size 25,626 SF
Year Built 2007

Spaces For Lease

at 520-560 Munras Ave Contact us

Suite 570-50

Size
590 SF
Type
Power Center
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 570-60

Size
1,615 SF
Type
Power Center
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Alpha Real Estate Advisors
Listed By: Sam Tallman · License #CA LIC #1935917
Source: Alphare
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 12 at 4:01AM

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 Alpha Real Estate Advisors

Investment Insights

Based on property information with market context.

This listing offers leasing opportunities within a retail shopping environment anchored by a Trader Joe’s described as the highest performing in Monterey County. The site features a retail tenant mix that includes Chipotle, Peet’s Coffee, Panda Express, Ike’s Love & Sandwiches, and Monterey MD Spa, with Out of the Barrel noted as coming soon. Suites can also be combined to support up to approximately 12,205 SF.

Positioned at the gateway to Downtown Monterey, the center is located along Munras Avenue, a primary arterial road feeding into downtown with traffic counted at 16,492 ADT (as provided). The remarks further note service to both affluent local residents from Monterey, Pacific Grove, and Pebble Beach, and a high-volume tourist base associated with Cannery Row and the Aquarium nearby.

The combined-suite layout can support tenants seeking flexibility in storefront size and merchandising presence within an active retail trade area. With multiple well-known restaurants and coffee users already in place, the space may be a practical fit for concepts that benefit from established daily traffic patterns and complementary dining and convenience co-tenancy.

Key Highlights

  • Year built 2007 flexible retail suites at a major Monterey arterial
  • Munras Avenue location with 16,492 ADT traffic count
  • Anchored by top‑performing Trader Joe’s and surrounding co‑tenancy including Chipotle, Peet’s Coffee, Panda Express, and Ike’s Love & Sandwiches

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Barber Shop (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Auto Parts 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

16,492 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,935
Businesses Nearby
203k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 48% Shops & Services 27% Groceries 15% Hotels & Casinos 9%
McDonald's Dining
38,445 visits/mo 0.4 miles
Trader Joe's Groceries
29,588 visits/mo 0.1 miles
Peet's Coffee & Tea Dining
15,333 visits/mo 0.1 miles
Monterey Marriott Hotels & Casinos
15,072 visits/mo 0.2 miles
Jack in the Box Dining
12,044 visits/mo 0.4 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
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Similar Off Market Nearby

  • SHOPPING CENTER 560 Munras Ave, Monterey, CA 93940

Frequently Asked Questions

What type of property is this?
Shopping center - Flexible retail suites at a major Monterey arterial with strong surrounding co-tenancy.
Where is this shopping center located?
The property is located at 520-560 Munras Ave Monterey, CA.
What are key features of this property?
This property features: Year built 2007 flexible retail suites at a major Monterey arterial; Munras Avenue location with 16,492 ADT traffic count; Anchored by top‑performing Trader Joe’s and surrounding co‑tenancy including Chipotle, Peet’s Coffee, Panda Express, and Ike’s Love & Sandwiches
More about this property
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