487 El Camino Real S Salinas, CA 93908-9661
This exceptional executive office space at 487 South El Camino Real in Salinas, California, offers a variety of suite sizes perfect for businesses seeking a prestigious location. The building totals 18,106 square feet and features five suites, with three currently available. Individual suites range from a minimum of 2,541 square feet to a maximum contiguous space of 7,337 square feet. The property boasts high-end finishes throughout, including two large conference rooms, two restrooms, and two kitchenettes equipped with dishwashers. Convenience is maximized with an elevator providing access to a second-floor parking garage, and the building's prime downtown location offers easy access to public parking. The building enjoys a vibrant and convenient location adjacent to a plaza featuring popular amenities such as Equinox Health Club, Starbucks, Noah's Bagels, First Bank, Chase Bank, and Jamba Juice. For the first year of a minimum three-year lease, the net rate is a highly competitive $3.75 per rentable square foot per month. This property presents a unique opportunity for businesses seeking a sophisticated and well-appointed office space in a thriving Salinas location. The property is located in Monterey County, California, with the full address being 487 South El Camino Real, Salinas, CA 93908. The building is multi-tenant.
-
Valley DPF Auto Repair Shop
-
Noble Pride Roofing Co. Inc. Roofing Company General Contractor
-
Williams Equipment Co Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.