711 E Alisal St - Fast Food FOR SALE
Salinas, CA 93905 |
711 E Alisal St
Salinas, CA 93905
HIGHLIGHTS
- ZERO LANDLORD RESPONSIBILITY: Absolute NNN Lease – The Tenant is responsible for paying the property taxes, insurance, and maintenance expenses.
- CORPORATELY GUARANTEED LEASE: Lease is guaranteed by the Galardi Group who operates over +300 locations across the country.
- STRONG STORE SALES: Wienerschnitzel has seen strong store sales at this location resulting in a healthy rent to sales ratio. (CONTACT BROKER)
- LONG TERM TENANCY: Tenant has operated at this site for over 55 years. In October 2022 the Tenant exercised a 5-year option showing strong commitment
- The Salinas Area Submarket benefits from a population of +173,000 within 5 miles and affluent average household incomes of $92,635, well above the nat
- The property benefits from excellent visibility and exposure being located on E Alisal St. E Alisal sees in excess of +20,000 Vehicles per day.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Wienerschnitzel
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
1152
STORIES
1
YEAR BUILT
1968
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
004-073-027-000
