1576 N Sanborn Rd, Salinas, CA 93905
- Retail space
- 60,691 SF
- 4.64 lot acres
Current Use by Public Records
- HABA Insurance Agency / Insurance Agency
- Primo Water Refill / Big Box & Wholesale Store
- Water Pure and Snack Bar / Bar & Pub / Restaurant
- Food 4 Less / Grocery & Convenience Store / Food Market
- Coinstar Kiosk | Bitcoin ATM / Currency Exchange Service / Kiosk
Property Details for 1576 N Sanborn Rd
- Year built
- 2002
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.64 lot acres
- Property type
- Retail space
- APN
- 153-481-018-000
- APU
- 153481018000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 4, 2020 | — | Paq INC | — | Deed · related | — |
| Jan 22, 2020 | — | Boronda Station LLC | — | Deed · related | $195M · Miscellaneous Ins Co |
| Aug 14, 2018 | — | Boronda Station LLC | — | Loan Modification · related | $195M · Miscellaneous Ins Co |
| Oct 30, 2017 | — | Boronda Station LLC | — | Grant Deed · related | $14.8M · Miscellaneous Ins Co |
| Jul 3, 2013 | $22,700,000 | Boronda Station LLC | Donahue Schriber Realty Grp LP | Grant Deed | — |
| Jun 17, 2011 | — | Donahue Schriber Realty Group | — | Deed Of Trust · related | $365M · Bank Of America |
| Dec 30, 2004 | — | Donahue Schriber Realty Grp | Donahue Schriber Realty Grp | Quit Claim Deed · related | — |
| Nov 19, 2003 | — | Donahue Schriber Realty Group | Bixby Land Co | Grant Deed | $200M · Fleet National Bank Ttee |
| — | — | Boronda Station LLC | — | Loan Modification · related | $14.8M · Miscellaneous Ins Co |
| — | — | Paq INC | — | Loan Modification · related | — |
| — | — | Paq INC | — | Deed Of Trust · related | — |
| — | — | Boronda Station LLC | — | Loan Modification · related | $195M · Miscellaneous Ins Co |
Description
Boronda Plaza, located at 1576 N Sanborn Rd in Salinas, California (zip code 93905), offers exceptional retail space for lease. This Monterey County property boasts a total of 93,071 square feet across two suites. Currently, 3,483 square feet are vacant and available for lease. The property is categorized as commercial retail with multiple tenancies. Individual spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 1,983 square feet, providing flexibility for various business needs. The property's prime location in Salinas offers excellent visibility and accessibility for customers. This presents a unique opportunity for businesses seeking a well-situated retail space in a thriving market. The property is ideal for businesses requiring a space within the specified square footage range. Interested parties are encouraged to inquire about lease terms and availability. The property's address is easily accessible via major roadways, ensuring convenient access for both employees and customers. This retail space in Salinas offers a strong foundation for business growth and success.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,440,000
- 6.5%
- $13,325,000
- 7%
- $12,375,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $17,690,000 Current use
- OFFICE BUILDING
- $17,800,000 Change: +1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salinas
- County
- Monterey
- State
- California
- Longitude
- -121.596
- Latitude
- 36.6931
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
