945 Abbott St, Salinas, CA 93901
For Lease
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This exceptional ±2,500 square foot restaurant space presents a unique opportunity in the thriving Salinas, CA market. Located at the northwest corner of Abbott Street (22,624 vehicles per day) and South Sanborn Road (25,377 vehicles per day), this highly visible property benefits from its strategic position at the intersection of major thoroughfares and convenient access to Highway 101 and Highway 68 via East Blanco Road. The site is ideally situated in a high-traffic area bordering industrial and residential corridors, ensuring a consistent flow of potential customers. The property is a second-generation drive-thru restaurant, boasting existing infrastructure designed to streamline the setup for a new operator. This includes a grease trap, walk-in refrigeration, walk-in cooler, floor drains, sink hookups, shafting for a Type 1 hood, and two drive-thru windows with an eight-car stack. The property's adjacency to a high-volume Chevron gas station, along with nearby medical facilities and daily service businesses, contributes to a strong daytime population. Further enhancing the location's appeal, a new Starbucks and Circle K are slated to open soon. The zoning is commercial, and the property is located in Monterey County, within the Salinas submarket. This turnkey space offers significant potential for a variety of restaurant concepts seeking a prime location with established infrastructure. The entire 2,500 square feet is currently vacant and ready for immediate occupancy.
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Chevron Grocery & Convenience Store
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ExtraMile Grocery & Convenience 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
Similar Nearby for Lease
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.