For Sale
$2,975,000

201 Calle Del OaksDel Rey Oaks, CA 93940

Multi-tenant office park, high cap rate.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A office complex, located at 201 Calle Del Oaks in Del Rey Oaks, CA 93940, presents a compelling investment opportunity. The property encompasses 11,853 square feet of net rentable space distributed across three single-story buildings situated on a substantial 44,431 square foot lot (APN 012-601-013). Constructed in 1984, this multi-tenant property offers a diverse range of uses and is ideally suited for owner-users. The asking price is $2,975,000, representing a compelling price per square foot of $250.99 and a strong 6.65% capitalization rate, with a current NOI of $197,724. The property benefits from a triple-net (NNN) lease structure. Its convenient location provides easy access to Highway 1 and Highway 68, placing it within close proximity to Monterey, Monterey Regional Airport, Seaside, and Salinas. The well-maintained complex features professional landscaping and ample parking. This is a turnkey investment opportunity in a desirable location. The property is professionally managed and boasts a strong tenant base. This is an excellent opportunity for investors seeking a stable, high-yielding asset in a thriving market.

Highlights

  • $2,975,000 asking price for this Class A office property.
  • 11,853 square feet of net rentable space in a multi-tenant building.
  • Located at 201 Calle Del Oaks, Del Rey Oaks, CA 93940, offering convenient access to major highways and nearby cities.
  • 6.65% cap rate with a Net Operating Income (NOI) of $197,724.
  • The property consists of three single-story buildings on a 44,431 square foot lot, built in 1984.
  • Triple Net (NNN) lease structure.

Property Details for 201 Calle Del Oaks

Property type
Office properties
Square Feet
11,853 SF
Class
A
Year Built
1984
Buildings
3
Stories
1

Location Insight

City
Del Rey Oaks
County
Monterey
State
California
Latitude
36.5864105
Longitude
-121.8310401
201 Calle Del Oaks, Del Rey Oaks, California

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Contacts

Anthony Davi
Anthony Davi
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201 Calle Del Oaks, Del Rey Oaks, California, 93940

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

201 Calle Del Oaks
  • Anthony Davi
    Anthony Davi
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