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711 E Alisal St
Salinas, CA 93905
Wienerschnitzel · Retail Property For Sale
Investment Highlights
- ZERO LANDLORD RESPONSIBILITY: Absolute NNN Lease – The Tenant is responsible for paying the property taxes, insurance, and maintenance expenses.
- STRONG STORE SALES: Wienerschnitzel has seen strong store sales at this location resulting in a healthy rent to sales ratio. (CONTACT BROKER)
- 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
- CORPORATELY GUARANTEED LEASE: Lease is guaranteed by the Galardi Group who operates over +300 locations across the country.
- 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 property benefits from excellent visibility and exposure being located on E Alisal St. E Alisal sees in excess of +20,000 Vehicles per day.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,152 SF
Building Class
C
Year Built
1968
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.53 AC
Zoning
C - Commercial
Parking
16 Spaces (13.89 Spaces per 1,000 SF Leased)
Frontage
220’ on E Alisal St
Amenities
- Bus Line
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 004-073-027-000 | Improvements Assessment | $153,000 |
| Land Assessment | $1,224,000 | Total Assessment | $1,377,000 |
Property Taxes
Parcel Number
004-073-027-000
Land Assessment
$1,224,000
Improvements Assessment
$153,000
Total Assessment
$1,377,000
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