2200 Garden Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2200 Garden Rd
19,102 SF 100% Leased Flex Building Monterey, CA 93940 $9,650,136 CAD ($505 CAD/SF) 6.25% Cap Rate
Investment Highlights
- 100% Occupied by BluePearl and the Federal Government
- Secure Investment with the Benefit of a Government Entity Lease Providing Stability in this Changing Economy
- Large 2.98 Acre Lot with Flexible Zoning – Multi-Family Residential Overlay Allowing for Medium Density
- 13-Year Net Lease to BluePearl with 2.5% Annual Rental Escalations
- 2015 Renovation with Functional Layout Allowing for a Variety of Users
- Robust Demographics with Daytime Population of 112,578 and Annual Household Income of $141,005 within 5-Miles
Executive Summary
• Rare Two-Tenant Medical-Retail & Government-Leased Investment in the Heart of Monterey
• 100% Occupied by BluePearl and the Federal Government on Long-Term Leases
• 13-Year Net Lease to BluePearl with 2.5% Annual Rental Escalations
• 3 Years Remaining on Lease to the Federal Government Tenant
• E-Commerce & Recession Proof Uses
• Secure Investment with the Benefit of a Government Entity Lease Providing Stability in this Changing Economy
• BluePearl has 100 Locations in 29 States with Over 7,000 Employees and Annual Revenue of $340 Million in 2021
• In 2015, BluePearl was Purchased by Mars, Incorporated, the World’s Leading Pet Nutrition and Healthcare Provider
• 2015 Renovation with Functional Layout Allowing for a Variety of Users
• Modern Interior Finishes with Restroom on Each Floor
• Two Grade Level Doors with One Dock Platform
• Large 2.98 Acre Lot with Flexible Zoning – Multi-Family Residential Overlay Allowing for Medium Density
• 100% Occupied by BluePearl and the Federal Government on Long-Term Leases
• 13-Year Net Lease to BluePearl with 2.5% Annual Rental Escalations
• 3 Years Remaining on Lease to the Federal Government Tenant
• E-Commerce & Recession Proof Uses
• Secure Investment with the Benefit of a Government Entity Lease Providing Stability in this Changing Economy
• BluePearl has 100 Locations in 29 States with Over 7,000 Employees and Annual Revenue of $340 Million in 2021
• In 2015, BluePearl was Purchased by Mars, Incorporated, the World’s Leading Pet Nutrition and Healthcare Provider
• 2015 Renovation with Functional Layout Allowing for a Variety of Users
• Modern Interior Finishes with Restroom on Each Floor
• Two Grade Level Doors with One Dock Platform
• Large 2.98 Acre Lot with Flexible Zoning – Multi-Family Residential Overlay Allowing for Medium Density
Property Facts
Amenities
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 013-312-017-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $5,724 CAD | Total Assessment | $5,724 CAD |
PROPERTY TAXES
Parcel Number
013-312-017-000
Land Assessment
$5,724 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,724 CAD
zoning
| Zoning Code | I-R-135 (Industrial Research with multi-family residential overlay) |
| I-R-135 (Industrial Research with multi-family residential overlay) |
-
Putnam Daily -
Lindsey Snider -
Fisher James Capital
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2200 Garden Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.