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    1576 N Sanborn Rd Salinas, CA 93905

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    1576 N Sanborn Rd Salinas, CA 93905


    • Retail space
    • 60,691 SF
    • 4.64 lot acres
    Retail Space in Boronda Plaza For Lease
    $11,120,000

    Retail Space in Boronda Plaza

    Retail space for lease in Salinas, anchored by Food 4 Less.

    1576 N Sanborn Rd, Salinas, CA 93905
    View Listing
    Property ID
    US09-2979437
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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 / Atm / Currency Exchange Service

    Property Details for 1576 N Sanborn Rd

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.64 lot acres
    Property size
    60,691 SF
    Property type
    Retail space
    APN
    153-481-018-000
    APU
    153481018000

    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

    based on Realmo’s proprietary methodology
    • 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $197,538
    $6,480,434
    $8,041,634
    $14,522,068
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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