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NNN Retail Property | Marina, CA

Licensed Industrial Property | Processing & Distribution Facility | Central Coast, California

OFFERED AT: XXXX

Exclusively Listed Industrial Asset | Qualified Buyers Only

EXECUTIVE SUMMARY

234 Reservation Road presents an opportunity to acquire a fully leased absolute triple net (NNN) retail investment in Marina, California, one of the Monterey Bay region's most desirable coastal markets. The 5,000 SF standalone building is fully occupied by a single tenant under a long-term absolute NNN lease, providing stable, passive income with minimal landlord responsibility. Following a scheduled lease escalation effective July 1, the property generates $111,240 in annual in-place rental income. Combined with a recent price adjustment to $1,515,250, the asset now offers an attractive 7.34% in-place capitalization rate. With strong traffic counts, limited coastal inventory, and potential seller financing available for qualified buyers, this property is well suited for private investors, family offices, and 1031 exchange buyers seeking dependable cash flow.

PROPERTY DETAILS

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OPERATION DETAILS

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PROPERTY USE CASES

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INVESTMENT HIGHLIGHTS

NNN Retail Property | Marina, CA

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FAQs

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