Nearby rentals
Renter hub
Property management
One-time.
One-time. Refundable.
NNN Leased Commercial Investment | North Salinas Excellent opportunity to acquire a triple-net (NNN) leased commercial property located on North Main Street, one of Salinas most heavily traveled commercial corridors. This 4,590 SF building, originally constructed in 1982, offers stable, passive income with minimal landlord responsibility. The property is currently leased at $8,000 per month ($96,000 annually) under a NNN lease structure, providing predictable cash flow and insulating ownership from operating expenses. With strong street visibility, convenient ingress/egress, and proximity to Highway 101, the location benefits from consistent daily traffic and surrounding residential density. Situated within a well-established North Salinas trade area, the property is near major retail, service, and employment centers, making it attractive for long-term tenant demand. This offering is well-suited for 1031 exchange buyers, passive investors, or those seeking a stable commercial asset in Monterey County. Highlights: 4,590 SF commercial building Built in 1982 $8,000/month | $96,000 annual NOI True Triple Net (NNN) lease High-traffic North Main Street location Strong surrounding demographics Easy access to Highway 101 Confidential offering. Information deemed reliable but not guaranteed. Prospective buyers to verify all details independently.
How 1135 N Main St compares to other nearby properties.
Positives
Considerations
| Zip code | 93906 |
|---|---|
| Type | House for rent |
studio apartments at 1135 N Main St cost about 385% more than the average rent price for studio apartments in Salinas.
| Month | Median Rent |
|---|---|
| February 2024 | $1,674 |
| March 2024 | $1,597 |
| April 2024 | $1,494 |
| May 2024 | $1,672 |
| June 2024 | $1,682 |
| July 2024 | $1,681 |
| August 2024 | $1,685 |
| September 2024 | $1,705 |
| October 2024 | $1,692 |
| November 2024 | $1,763 |
| December 2024 | $1,650 |
| January 2025 | $1,606 |
| February 2025 | $1,571 |
| March 2025 | $1,676 |
| April 2025 | $1,656 |
| May 2025 | $1,605 |
| June 2025 | $1,606 |
| July 2025 | $1,698 |
| August 2025 | $1,747 |
| September 2025 | $1,712 |
| October 2025 | $1,606 |
| November 2025 | $1,643 |
| December 2025 | $1,715 |
| January 2026 | $1,709 |
| February 2026 | $1,650 |
Can I afford to live at 1135 N Main St?
Bedrooms
StudioRent-to-income ratio
30%
$320,000/yr
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