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Single-Tenant Medical Office Property
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2066 N Fremont St, Monterey, CA 93940

Medical office campus with an ancillary storage building, dual access points, and a long-term net lease structure.

Property SizeContact for details
Days on Market144

Property Features for 2066 N Fremont St

General Information

Standard status Active
Property subtype Office
Listing Agency: Cushman & Wakefield - San Francisco, California
Listed By: Christopher Sheldon · License #CA 01806345
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Francisco, California

Investment Insights

Based on property information with market context.

This Monterey medical office property includes an 8,750-square-foot clinical building and a separate 1,200-square-foot storage building. Together, the improvements contain approximately 9,950 square feet on a 0.97-acre parcel, with 50 parking spaces serving the site.

The property is accessed from both N. Fremont St and Fairgrounds Rd. U.S. Renal Care has occupied the location since 1995, and the lease provides a 13-year extension with two additional five-year renewal options. The net lease assigns taxes, insurance, common-area maintenance, parking lot and systems upkeep, underground utilities, and signage responsibilities to the tenant, while roof and structural repairs remain with the landlord. Contractual rent increases are set at 10% every five years during the lease term.

Key Highlights

  • 8,750‑square‑foot medical office building plus a 1,200‑square‑foot storage building
  • Two‑building property totals approximately 9,950 square feet on 0.97 acres
  • 50 on‑site parking spaces

Property Analytics

Current Use

Jon Kitaji, M.D. Physician U.S. Renal Care ... Medical Clinic

Suggested Use

Top Pick Hair Salon Real Estate Agency Nail Salon HVAC Service Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93940, CA

30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • Whole Dog Radiance 252 Casa Verde Way, Monterey, CA 93940

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office campus with an ancillary storage building, dual access points, and a long-term net lease structure.
Where is this medical office space located?
The property is located at 2066 N Fremont St Monterey, CA.
What are key features of this property?
This property features: 8,750‑square‑foot medical office building plus a 1,200‑square‑foot storage building; Two‑building property totals approximately 9,950 square feet on 0.97 acres; 50 on‑site parking spaces
More about this property
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