14520 Mono WaySonora, CA 95370

Property Details for 14520 Mono Way

Year built

2006

Construction

WOOD

Lot size

0.81 AC

Property size (Sq ft)

22,946 SF

Zone code

C-1

Property type

Other commercial real estate

APN

045-320-011-000

APU

45320011000

Description

This exceptional Class A executive office building, located at 14520 Mono Way in Sonora, California, presents a compelling investment opportunity. The 21,954 square foot property sits on a 0.81-acre lot and boasts a 7.35% cap rate with a strong Net Operating Income (NOI) of $357,557.75. Built in 2006, this multi-tenant office complex enjoys a proven history of near 100% occupancy for over 30 years, featuring a staggered rent roll with approximately 83% including favorable annual increases. The property benefits from a prime location on a main thoroughfare, Mono Way, experiencing high traffic counts (22,406 average daily traffic), and is strategically situated near California State Route 108 (14,326 average daily traffic). Its proximity to numerous retail establishments, including national brands like Tractor Supply Co., CVS, Kohl's, and Starbucks, further enhances its appeal. The surrounding area is affluent, with an average household income exceeding $97,552 within a 3-mile radius. This fee-simple ownership opportunity offers a blend of stability, strong cash flow, and significant upside potential in a desirable California location, just east of Stockton, northeast of Modesto, and northwest of Yosemite National Park. The asking price is $4,864,731.

• Alternative Use

  Use

  Valuation

  Residential

  $4,127,117

  Hospitality

  $3,780,417

  Educational

  $3,145,262

  Medical

  $3,253,433

  Retail

  $4,892,630

Location Insight

City

Sonora

County

Tuolumne

State

California

Latitude

37.9784

Longitude

-120.326

CBSA code

43760

CBSA name

SONORA, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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