201 Calle Del OaksDel Rey Oaks, CA 93940

Property Details for 201 Calle Del Oaks

Year built

1984

Property size (Sq ft)

11,853 SF

Property type

Office properties

Property subtype

Other office properties

Description

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.

Location Insight

City

Del Rey Oaks

County

Monterey

State

California

Latitude

36.5864

Longitude

-121.831

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