211 Reservation Rd, Marina, CA 93933-3039
- Drive through restaurants
- 2,977 SF
- 0.35 lot acres
Current Use by Public Records
- Jack in the Box / Restaurant / Take-out & Catering
Property Details for 211 Reservation Rd
- Year built
- 2002
- Lot size
- 0.35 lot acres
- Property type
- Drive through restaurants
- APN
- 032-055-016-000
- APU
- 32055016000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 13, 2024 | — | Central Coast Restaurants INC | Jack In The Box INC | Lease | — |
| Jul 13, 2023 | $16,700,000 | PC Fund I Marina Village LLC | Penny Kanalakis | Grant Deed | — |
| Dec 21, 2020 | — | Mitchell,kent Trust | Kent Mitchell | Affidavit Of Death · related | — |
| Dec 4, 2009 | — | Cattermoul Patricia R Trust | Littlefield,patricia R | Grant Deed · related | — |
| Jun 29, 2007 | — | Mitchell Kent Trust | Mitchell Kent Trust | Quit Claim Deed · related | — |
| May 20, 1994 | — | Mitchell Trust | Mitchell Trust | Quit Claim Deed · related | — |
Description
This exceptional retail opportunity is located within the thriving Marina Village Shopping Center in Monterey County. The center boasts a total building area of 77,304 square feet situated on a 7-acre lot. Currently, there are four available retail spaces ranging from a minimum of 325 square feet to a maximum contiguous space of 1,816 square feet, with a total of 3,655 square feet currently vacant. The property features 345 parking stalls for ample customer convenience. Built in phases between 1965 and 2002, the center benefits from updated facades, landscaping, and signage. The property enjoys a strong national tenant base, including Grocery Outlet, Wells Fargo, Dollar Tree, and Jack in the Box, along with nine restaurants. Its strategic location near California State University Monterey Bay (CSUMB) ensures a consistent flow of students and local residents. Adding to its appeal, Marina Village hosts a popular local farmer's market every Sunday from 10 am to 2 pm. The property offers fee simple ownership and high ceilings, making it an ideal investment for a variety of retail businesses. The center's daily needs focus and college community proximity create a high-traffic environment, ensuring strong potential for success. This is a rare opportunity to secure retail space in a well-established and highly sought-after shopping center.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $445,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $611,000
Market price range: $261k - $612k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marina
- County
- Monterey
- State
- California
- Longitude
- -121.799
- Latitude
- 36.6877
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
