2301 SE Monterey Rd - Office FOR SALE


Stuart, FL 34996
$5,350,000 USD
772-528-6056
2301 SE Monterey Rd, Stuart, FL for Sale
$5,350,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

2301 SE Monterey Rd
Stuart, FL 34996


HIGHLIGHTS

  • Class "A" Office Park
  • Lease Expires 10/31/31 with two 5 year options
  • New roof replaced in 2020

OVERVIEW

Beautifully maintained single story office building built in 1993. 100% Leased to Merrill Lynch, an original tenant. Located in a node of Class "A" office buildings occupied by financial, legal, medical and professional office tenants. Lease expires 10/31/31, with two 5 year options to renew. Landlord has certain roof and structure responsibilities. Roof was replaced in 2020. Estimated NOI of $304,880. Annual rent increases of 2%.

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

CPUD

APN/PARCEL ID

03-38-41-035-000-00021-2

ASK ABOUT THIS PROPERTY

Jeffrey ChamberlinSLC CommercialMore Info
772-528-6056

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

Jeffrey ChamberlinSLC CommercialMore Info
772-528-6056

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