Investment Overview

Mission Plaza is a stunning strip retail and office investment opportunity located in the thriving city of Salinas, California. Situated on two contiguous parcels of land totaling 36,200 square feet, the subject property features a gross rentable area of approximately 19,008* square feet. Mission Plaza offers 33 retail/office suites ranging in size from 185 square feet to 1,315 square feet. The subject property is within close proximity from Oldtown Salinas home to a myriad of shopping, dining and entertainment options. The neighborhood is known for its historical charm with modern appeal, featuring bustling streets lined with restaurants, boutiques, cafes, and art galleries. Residents of this neighborhood can embrace a welcoming and vibrant community, where diversity thrives and a rich cultural scene flourishes. They can experience the perfect balance between comfort and liveliness, making it a place to truly call home. Mission Plaza is within close proximity to many transportation corridors including US 101, CA-183 and CA-68. Additionally, the subject property is just a 5-minute drive from the Salinas Rail Station, where there is a proposed extension of the CalTrain line. The investment appeal of this asset is driven by Salinas' strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Monterey County, Mission Plaza presents an attractive choice for renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options.