Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Hair Salon
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Hair Salon Nail Salon
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Dental Office
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Hair Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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