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1061 Terven Ave 13,000 SF 100% Leased Industrial Building Salinas, CA 93901 $2,350,000 ($180.77/SF)

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Investment Highlights

Excellent location.

Hard to find fabrication building in the heart of the Salinas Industrial Market.

Executive Summary

Do not disturb Tenant. Shown by appointment only.
±13,000 SF Building on ±48,787 SF Parcel.

1061Terven St-FOR SALE_brochure

Property Facts

Price	$2,350,000	Rentable Building Area	13,000 SF
Price Per SF	$180.77	No. Stories	1
Sale Type	Investment	Year Built	1965
Property Type	Industrial	Parking Ratio	1.69/1,000 SF
Property Subtype	Warehouse Industrial Distribution Industrial Service FlexLight Distribution	Clear Ceiling Height	16’
Building Class	C	No. Drive In / Grade-Level Doors	3
Lot Size	1.12 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IG - General Industrial

Price	$2,350,000
Price Per SF	$180.77
Sale Type	Investment
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Industrial Service FlexLight Distribution
Building Class	C
Lot Size	1.12 AC
Rentable Building Area	13,000 SF
No. Stories	1
Year Built	1965
Parking Ratio	1.69/1,000 SF
Clear Ceiling Height	16’
No. Drive In / Grade-Level Doors	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IG - General Industrial

Fenced Lot

1 1

Fairly walkable

50/100

Moderately drivable

70/100

Minimal public transit

10/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Number	003-471-035-000	Improvements Assessment	$69,924
Land Assessment	$804,220	Total Assessment	$874,144

Property Taxes

Parcel Number

003-471-035-000

Land Assessment

$804,220

Improvements Assessment

$69,924

Total Assessment

$874,144

(831) 262-1925

Contacts

Mike Bassetti
Greg Findley
Woody Fenley
Cushman & Wakefield

Listing ID: 29727464
Date on Market: 10/6/2023
Last Updated:
Address: 1061 Terven Ave, Salinas, CA 93901

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1061 Terven Ave, Salinas, CA for sale Building Photo- Image 1 of 5 — Interior

1061 Terven Ave, Salinas, CA for sale Building Photo- Image 2 of 5 — Interior

1061 Terven Ave, Salinas, CA for sale Building Photo- Image 3 of 5 — Interior

1061 Terven Ave, Salinas, CA for sale Building Photo- Image 4 of 5 — Interior

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1061 Terven Ave

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