10 Harris Ct - Medical FOR SALE


Monterey, CA 93940
$4,140,000 USD
510-304-8077
10 Harris Ct, Monterey, CA for Sale
$4,140,000 USD
Medical - FOR SALE
1/30
null | Request Cap Rate

10 Harris Ct
Monterey, CA 93940


HIGHLIGHTS

  • Prime Monterey Location - The subject property is situated Ryan Ranch, near a myriad of high-end shopping, dining and entertainment options.
  • Exceptional Downtown Monterey Investment Opportunity - Investors have the opportunity to acquire a stunning 3-suite medical office asset.
  • Surrounded By Many Convenient Stores - Leasers enjoy the convenience of being surrounded by many retail shops.
  • Convenient Access to Transportation Corridors - Convenient access to transportation corridors including US-1, CA-68 and local transit.

OVERVIEW

10 Harris Ct is a stunning 3-suite medical office investment opportunity located in the prestigious Ryan Ranch in the thriving city of Monterey, California. Situated on a large 2.79-acre parcel of land, the subject property was originally constructed in 2004 and has a gross building area of approximately 14,073 square feet. The subject property is strategically situated in Ryan Ranch and close by Downtown Monterey, home to a myriad of high-end shopping, dining and entertainment options including Alvarado Street Brewery, Rosine's Restaurant, Epsilon, Montrio, Cibo, Stokes Adobe Restaurant, as well as numerous others. Additionally, leasers enjoy convenient nearby stores including Trader Joe's, The Owl Cleaners, Dandy Shoes and Services, USPS Office, and Peet's Coffee all within one block of the subject property. Commuters also enjoy convenient access to transportation corridors including U.S. Route 1, California State Route 68, as well as other modes of transportation including the Monterey-Salinas Transit (MST), providing an inexpensive, hassle-free commute to the region's major employers and entertainment centers on the Peninsula and throughout Monterey County. The investment appeal of this asset is driven by Monterey’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Monterey, 10 Harris Ct presents an attractive choice for renters due to close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$4,140,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg A

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

2.79 AC

LAND SF

121,532 SF

ZONING

I-R-150-D-2

APN/PARCEL ID

259-152-002-000,259-152-004-000,259-152-006-000

ASK ABOUT THIS PROPERTY

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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Robert JohnstonLevin JohnstonMore Info
510-304-8077

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.