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2260 Fremont Street, Monterey, CA

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2260 Fremont Street

Monterey, CA 93940-5449 - Monterey Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2003
Building Size:14,214 SF Land Area:1 AC (43,560 SF)
For Sale Price:$700,000 Price/SF:$49.25
Cap Rate:8.57 %
Parking:Free Surface spaces are available; Ratio of 3.02/1,000 SF
Features:Pylon Sign



Sale Notes:
* Leasehold Interest in Prime Retail Strip Center
* New 50-Year Ground Lease with three (3) Ten-Year Options to Renew
* 100% Leased and All NNN Leases
* Abundance of Parking (42 spaces)

Mahoney & Associates
Patrick Stafford
(831) 646-1919 x113




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