26535 Carmel Rancho Blvd, Carmel, CA 93923-8749
This Class A, two-story medical office building in Carmel-by-the-Sea, California, offers two available suites totaling 2,900 square feet within a 15,000 square foot building. Located at 26535 Carmel Rancho Blvd (near Rio Rd), the suites feature 10-foot ceilings and range from 1,240 to 1,614 contiguous square feet, with a minimum divisible space of 1,240 square feet. Previously used as medical/dental/orthopedic space, the suites are finished with reception areas, private offices, in-suite restrooms, a lab room, a work bay, and a large open area. The property is zoned for Commercial Medical use and benefits from a large off-street parking lot. The building enjoys a desirable location near the Barnyard and Crossroads Shopping Centers, surrounded by a variety of medical and professional offices, including dentists, fitness centers, insurance agencies, salons, spas, chiropractors, and skincare businesses. Tenant improvements may be negotiated. The lease is a NNN lease with a base rent of $1.50 per square foot and an additional $0.50 per square foot for NNN expenses. The property is in Monterey County, CA, zip code 93923.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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