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    1700 Main St Salinas, CA 93906

    Sponsored
    For Lease
    $13 SF/Yr

    High-visibility Salinas retail space, ample parking.

    Lot size:
    136,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a substantial space within the prominent Northridge Mall in Salinas, California. Located at 1700 N Main St, 93906, this property boasts a total building area of 136,712 square feet, situated on a 9-acre lot. The building is a two-story structure with convenient access to US-101, offering excellent visibility and accessibility for customers. Currently, a significant portion of the space is vacant, totaling 126,924 square feet, presenting a unique chance for a large-scale tenant or multiple smaller tenants. Flexible space options are available, with a minimum divisible space of 54,743 square feet and a maximum contiguous space of 72,181 square feet. The property includes 600 parking spaces, ensuring ample convenience for shoppers and employees. This former Sears location offers a prime opportunity to establish a strong retail presence in a high-traffic area of Salinas. The property's size and location make it ideal for a variety of retail uses, providing significant potential for growth and success. The property is classified as a shopping center with multiple tenancy options. This is a rare opportunity to acquire a substantial retail space in a desirable location.

    Property Features for 1700 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    136,712 SF
    Total Rate
    149016.08

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor - 201
    Size
    29,922 SF
    Rate per SF
    $13

    HighLights

    • High‑visibility location adjacent to US‑101 (65,820 VPD).
    • Excellent demographics.
    • 9‑acre site.
    • 600+ parking spaces.
    • Clear height: 12'-0" (min), 15'-1" (max T‑bar), 17'-4" (deck).
    Property Profile Location Intelligence

    Current Use by Public Records

    Living Spaces Furniture Store Dave & Buster's Salinas Restaurant UFC Fit Salinas ... Gym Sears Appliance Repair Appliance Repair Service Sears Department Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.6569228
    Latitude
    36.7146162

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    FAQs

    What type of property is this?
    Retail property - High-visibility Salinas retail space, ample parking.
    Where is this retail property located?
    The property is located at 1700 Main St Salinas, CA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location adjacent to US-101 (65,820 VPD).; Excellent demographics.; 9-acre site.
    Request Owner's contact information
    1700 Main St Salinas, CA 93906
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    Salinas, CA 93906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1700 Main St Salinas, CA 93906
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