Property profile

106 10Th St Marina, CA 93933

OFF-MARKET
Retail properties & Spaces
16,094 SF
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Property summary

AI-generated overview

Exceptional medical office space available in Marina, CA's thriving Dunes on Monterey Bay community. This 16,094 square foot building offers multiple suites ranging from 1,148 to 1,888 contiguous square feet, with 3,036 square feet currently vacant. Located within a vibrant mixed-use development, the property boasts convenient access to the Pacific Ocean and benefits from the strong residential growth of the area, including over 1,200 single-family homes and numerous amenities. The site is part of a larger master-planned community encompassing three phases, with significant retail space, a VA clinic, and hotels already established. Ample parking is provided with 41 spaces. The property sits on a substantial 330-acre lot in Monterey County and presents a unique investment opportunity, benefiting from tax incentives under the Tax Cuts & Jobs Act of 2017 for investments in disadvantaged areas. This offers significant capital gains tax benefits and flexibility in investment strategies. The available space is ideal for a variety of medical practices seeking a prominent location within a rapidly expanding community. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 16,094 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

106 10Th St Marina, CA 93933
Marina metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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