Realmo Analytics
Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.
We will call you to discuss how Realmo analytics may help you.
Property summary
This exceptional investment opportunity presents a newly constructed, 11,469-square-foot Frito-Lay distribution facility situated on a 3.3-acre lot in Salinas, California. The property boasts a brand-new, 10-year net lease with Frito-Lay, a subsidiary of PepsiCo, Inc., featuring a robust 2% annual rent increase. The lease commenced November 14, 2024, and expires November 29, 2034, ensuring long-term, stable income. The facility includes 11 dock-high doors and ample parking (39 spaces). This… Class A building is strategically located adjacent to downtown Salinas and US Highway 101, providing easy access to major transportation arteries connecting the San Francisco Bay Area and Los Angeles. The property benefits from a high barrier to entry market, surrounded by other prominent industrial tenants including Coca-Cola, United Rentals, and FedEx. The strong local demographics, with over 496,900 people and an average household income exceeding $128,975 within a 20-mile radius, further enhance the investment's appeal. The substantial 3.3-acre lot allows for potential future expansion. The property offers a 6.25% cap rate and a net operating income (NOI) of $531,418, making it an attractive addition to any portfolio. The lease includes two 5-year renewal options and a corporate guarantee from Frito-Lay, minimizing risk. The tenant is responsible for the maintenance of the parking lot, driveways, hard-surfaced areas, mechanical and utility systems, and roof membrane. This is a rare opportunity to acquire a high-quality, income-producing asset in a thriving market with a blue-chip tenant. The asking price is $8,502,688.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 3.91 ac
- APN
- 003-161-014-000
- Assessed value · 2023
- $1,625,000
- Annual tax · 2023
- $18,611
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.