201 Calle Del Oaks Del Rey Oaks, CA 93940
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.