Lee & Associates – North San Diego County Completes the Sale of a 7-Eleven in Salinas, CA
Salinas, CA – February 15, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2.16M sale of a 7-Eleven in Salinas, CA. This investment property consists of a 2,251-square-foot retail building that sits on an approximately 0.28 acre parcel. Built in 1987, the building is leased to 7-Eleven Inc. (corporate) who holds an AA- investment credit rating from Standard & Poor’s. The 7-Eleven is ideally located on the hard corner intersection of N. Main Street & Lamar Street, offering visibility to 11,000+ cars per day and multiple entrances from both Lamar and Main providing for easy in/out access. Additionally, the property is located just a half mile from Highway 101, offering quick access to nearby Monterey, Carmel and the Pacific Ocean.
Ryan Barr and Ryan Bennett of Lee & Associates - North San Diego County represented the Seller, BEWS Main Street LLC. The Buyer, Bei-Scott Company, LLC, was represented by Shoemaker Commercial Real Estate.
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Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.