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2959 Monterey Salinas Hwy 75,531 SF 53% Leased Office Building Monterey, CA 93940 For Sale

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INVESTMENT HIGHLIGHTS

  • Rare owner / user investment opportunity
  • Dramatic open lobby with high interior ceilings
  • Under-building parking
  • Premier Monterey location
  • Well developed landscaping with sidewalks, balconies and exterior areas with outdoor seating
  • Great access to the Monterey Peninsula and Salinas

EXECUTIVE SUMMARY

Cushman & Wakefield, as the exclusive advisor, is pleased to present the opportunity to Lease or Acquire the 100% fee simple interest in 2959 Monterey-Salinas Highway, in Monterey, CA (“the Property”), a 75,531 square foot Office Owner/User/Investment opportunity located in highly desirable submarket of Monterey, California. The Property is truly a one-of-a-kind asset located in Monterey near the Monterey Regional Airport. The Property has direct access to Highway 68 which connects to Highway 1 (Monterey) to the west and Highway 101 (Salinas) to the east.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
75,531 SF
Building Class
C
Year Built/Renovated
1982/2007
Percent Leased
53%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
37,766 SF
Building FAR
0.29
Lot Size
5.95 AC
Zoning
IR 130-D2, Monterey - Industrial research, Industrial, R&D, and Office
Parking
209 Spaces (2.77 Spaces per 1,000 SF Leased)

AMENITIES

  • High Ceilings
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,500-29,500 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Floor
  • 6,100 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Floor
  • 23,400 SF
  • Office
  • Full Build-Out
  • Nov 2026
Space Size Space Use Condition Available
1st Floor 1,500-29,500 SF Office Full Build-Out Now
2nd Floor 6,100 SF Office Full Build-Out Now
2nd Floor 23,400 SF Office Full Build-Out Nov 2026

1st Floor

Size
1,500-29,500 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
6,100 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
23,400 SF
Space Use
Office
Condition
Full Build-Out
Available
Nov 2026

1st Floor

Size 1,500-29,500 SF
Space Use Office
Condition Full Build-Out
Available Now

2nd Floor

Size 6,100 SF
Space Use Office
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013-221-019-000
Land Assessment
$3,097,975
Improvements Assessment
$12,133,757
Total Assessment
$15,231,732
  • Listing ID: 38167668

  • Date on Market: 10/22/2025

  • Last Updated:

  • Address: 2959 Monterey Salinas Hwy, Monterey, CA 93940

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