201 Calle Del Oaks Del Rey Oaks, CA 93940
- Office Properties & Spaces
- 11,853 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 201 Calle Del Oaks
- Year built
- 1984
- Property size
- 11,853 SF
- Property type
- Office Properties & Spaces
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Del Rey Oaks
- County
- Monterey
- State
- California
- Longitude
- -121.831
- Latitude
- 36.5864