Class A 3-Story Office Building situated in a private, convenient office park location. Entire top floor leased to Monterey Bay Power and majority of second floor leased to Deloitte. Remaining space includes first floor R&D (clean room) component, with executive and group offices, as well as conference rooms, offering a flexible build-out for single tenant office and/or partial R&D configuration, with ample parking ratios. Lessor leasing ground floor back for 1 year so that property is 100% occupied. New Exterior Painting and Refurbishing. Recent exterior capital improvements to the parking lot and landscaping. New Roofing system, Water Cooler tower, HVAC, and Solar futures plumbed in and completed. Co Listed with Kent Tarman more info at www.70gardencourt.com and www.carmelcommercial.com.
- Price:
- $6,350,000
- Square Footage:
- 33,176
- Acreage:
- 1.00
- Year Built:
- 1984
- Listing ID #:
- ML81895349
- Street Address:
- 70 Garden Ct
- City:
- Monterey
- State:
- California
- Postal Code:
- 93940
- County:
- Monterey
- Community:
- Garden Rd/Ryan Ranch/Fairgrounds
- Listing Status:
- Active
- Listing Type:
- Commercial Property
- Age Of Dwelling:
- 38
- Foundation:
- Concrete Slab
- Stories:
- 3
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 33176
- Type Of Roof:
- Tar And Gravel
- Warehouse Square Footage:
- 3176
- Year Built:
- 1984
- Annual Insurance Expenses:
- 1
- Annual Maintenance Expenses:
- 1
- Annual Management Expenses:
- 1
- Business Type:
- Office Building, Professional Service, Utility
- Capitalization Rate:
- 8.12
- Approximate Lot Size Range Source:
- Assessor
- Conforms To Zoning:
- Comm
- Existing Land Use:
- Business/Professional, Office
- Lot Square Footage:
- 66647.00
- Total Available Acres:
- 1.5300
- Property Taxes:
- $1
- Garage Description:
- Common Parking Area, Parking Deck
- Parking Spaces:
- 114
- Cooling System:
- Central Ac
- Existing Water:
- Private / Mutual
- Heating:
- Forced Air
- Sewage Type:
- Sewer Connected, Sewer In Street
- Utilities:
- Public Utilities
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Anthony G. Davi, Jr. 831-601-3284 with A.G. Davi Ltd
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This data is up-to-date as of April 1, 2023.
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