234 Reservation Rd - Retail FOR SALE


Marina, CA 93933- Outer Monterey
$1,595,000 USD
213-722-9577
234 Reservation Rd, Marina, CA for Sale
$1,595,000 USD
Retail - FOR SALE
1/13
null | 6.77% Cap Rate

234 Reservation Rd
Marina, CA 93933
Outer Monterey


HIGHLIGHTS

  • $108,000 Annual Income ($9,000/Month) – Stable Cash Flow in Coastal California
  • Absolute Triple Net (NNN) Retail Investment – Passive Income, No Landlord Responsibilities
  • Monterey Bay Coastal Market – Supply-Constrained Retail Investment Opportunity
  • Single-Tenant Occupancy – 5,000 SF Standalone Retail Building in Marina, CA
  • High-Traffic Location (~22,000+ VPD) on Reservation Rd – Strong Visibility & Access
  • Coastal California Retail Property for Sale – Ideal for 1031 Exchange & Private Capital Investors

OVERVIEW

Pac Garden Assets is pleased to present the opportunity to acquire a single-tenant absolute NNN retail investment located at 234 Reservation Road in Marina, California, within the highly desirable Monterey Bay coastal market. The property consists of a 5,000 SF standalone retail building configured as a three-suite structure but 100% occupied by a single tenant, creating a simplified and durable income profile. The tenant operates under an absolute triple net (NNN) lease, providing ownership with passive, management-free income. The asset generates $108,000 in annual income ($9,000/month NNN) and is offered at $1,595,000, reflecting an approximate 6.77% cap rate. This structure is well suited for investors seeking stable cash flow with minimal operational responsibilities. Strategically positioned along Reservation Road, one of Marina’s primary retail corridors, the property benefits from strong visibility, accessibility, and consistent daily traffic counts exceeding 22,000 vehicles per day. The location provides direct access to Monterey, Seaside, and surrounding coastal communities, supporting long-term tenant viability and investor demand. The Monterey Bay region continues to attract both residents and capital due to its coastal location, constrained development environment, and strong underlying real estate fundamentals. Retail properties in Marina are limited in supply, particularly NNN investment opportunities at this price point, making this offering attractive to private capital and 1031 exchange buyers seeking stable income in coastal California. This is a rare opportunity to acquire a coastal California NNN retail property combining: - Passive income - High visibility location - Supply constrained market dynamics - Long term investment stability For additional information or to request the full offering memorandum, please contact Pac Garden Assets directly.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$319 USD /SF

CAP RATE

6.77%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,655 SF

ZONING

C1

APN/PARCEL ID

032-181-021-000

ASK ABOUT THIS PROPERTY

Ben HouraniPac Garden AssetsMore Info
213-722-9577

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Ben HouraniPac Garden AssetsMore Info
213-722-9577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.