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Monte Vista Professional building 15-31 Soledad Dr 9,099 SF 100% Leased Office Building Monterey, CA 93940 $2,600,000 ($285.75/SF) 4.64% Cap Rate
EXECUTIVE SUMMARY
Downtown Monterey office building, current tenants include, massage, chiropractor, nail salon and real estate, NNN leases tenants pay garbage, water, parking, gardening, sewer, insurance, taxes.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,099 SF
Building Class
C
Year Built
1966
Price
$2,600,000
Price Per SF
$285.75
Cap Rate
4.64%
NOI
$120,640
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,550 SF
Slab To Slab
8’
Building FAR
1.35
Lot Size
0.15 AC
Zoning
P - Planned Development
Parking
45 Spaces (4.14 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,528,327 | |
| Land Assessment | $502,985 | Total Assessment | $2,031,312 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$502,985
Improvements Assessment
$1,528,327
Total Assessment
$2,031,312
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Cardinalli Property Management
Monte Vista Professional building | 15-31 Soledad Dr
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