2200 Garden Rd - R&D FOR SALE
Monterey, CA 93940 |
2200 Garden Rd
Monterey, CA 93940
HIGHLIGHTS
- 100% Occupied by BluePearl and the Federal Government
- 13-Year Net Lease to BluePearl with 2.5% Annual Rental Escalations
- Secure Investment with the Benefit of a Government Entity Lease Providing Stability in this Changing Economy
- 2015 Renovation with Functional Layout Allowing for a Variety of Users
- Large 2.98 Acre Lot with Flexible Zoning – Multi-Family Residential Overlay Allowing for Medium Density
- Robust Demographics with Daytime Population of 112,578 and Annual Household Income of $141,005 within 5-Miles
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
R&D
ADD'L SUBTYPES
Storefront Retail/Office, Medical
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1984
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
1
DRIVE INS
2
PARKING SPACES
60
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
013-312-015,013-312-017-000
