Vacant Big Box Reposition Opportunity

Essential CRE is pleased to present the opportunity to acquire the vacant Orchard Supply Hardware located at 1067 N Davis Drive in Salinas, CA (Monterey County). The subject property is 42,732 square feet, resides on 4.4 acres of land and was built in 1998. The current building configuration includes a 24,644 square foot retail showroom, 9,786 square foot outdoor nursery, a 4,014 square foot receiving/storage area, and two 1,387 square foot service areas (office/restrooms) on the ground and mezzanine floors. There is one double wide truck ramp at the rear of the building with roll-up doors.

Reposition/Redevelopment Opportunity Priced Below Replacement Cost
Dense Urban Infill Location - 105,413 Residents within a 3-Mile Radius - High Visible Location with Prominent Pylon Signage
Strategically Positioned at Signalized Intersection along a Major Retail Artery with Proximity to Major Freeway (US-101)
Surrounded by National Retailers Including IHOP, Carl’s Jr, Sonic Drive-In, AAA, US Postal Service, Walmart, Costco, Ross, Dollar Tree, Dick's Sporting Goods, PetSmart, OfficeMax, El Pollo Loco, Famous Dave's, Applebee's, Starbucks, Black Bear Diner, Outback Steakhouse, Western Dental & Boot Barn

Salinas is a city located in Monterey County, California, United States. It is known as the "Salad Bowl of the World" due to its vital role in the agricultural industry and its production of a wide variety of crops, including lettuce, broccoli, strawberries, and more. Salinas is a major agricultural center and a hub for the farming industry. The fertile soil and moderate climate in the Salinas Valley make it an ideal region for growing crops, and the city's economy is heavily influenced by agriculture. esides agriculture, Salinas also has a growing healthcare and manufacturing sector. Additionally, its proximity to the coast and attractions like Monterey Bay Aquarium contribute to tourism-related activities. Salinas is well-connected by major highways, including US Highway 101 and California State Route 68, making it accessible to nearby cities and regions.