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1328 Natividad Road

Salinas, CA 93906
  • $730,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: ML81865900
$730,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,943
    SQFT
  • $148
    $/SQFT
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Description

This building was constructed as part of a medical office condo complex with approx. 10-12 units in the complex. The building is on leased land which is owned by the County of Monterey. The existing tenant (Salinas Valley Medical Clinic Primecare North Salinas) pays all expenses. At the end of the ground lease which terminates in 2037, full ownership of the building will revert to the County. Due to the existing NNN lease, this property will be sold to an investor and not an owner/user. Current lease has annual CPI adjustments not included in total rent shown. Great alternative to an annuity!

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Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-10-22T17:21:18.56.

www.stevebhalla.com/homes/122193383
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1328 Natividad Road Salinas, CA 93906

  • Price: $730,000
  • Status: Active
  • ID#: ML81865900
0
Beds
0
Baths
0
½ Baths
0.11
Acres
4,943
SQFT
$148
$/SQFT
1983
Built
Neighborhood:
Monte Vista/Cambrian Village
County:
Monterey
Area:
Monte Vista/Cambrian Village
Property Description
This building was constructed as part of a medical office condo complex with approx. 10-12 units in the complex. The building is on leased land which is owned by the County of Monterey. The existing tenant (Salinas Valley Medical Clinic Primecare North Salinas) pays all expenses. At the end of the ground lease which terminates in 2037, full ownership of the building will revert to the County. Due to the existing NNN lease, this property will be sold to an investor and not an owner/user. Current lease has annual CPI adjustments not included in total rent shown. Great alternative to an annuity!
Exterior Features

Garage Or Parking Common Parking Areas Parking Spaces Total 0 Roof Tile

Property Features

Annual Taxes 0 Building Type Comm Ind For Sale Miscellaneous Wheelchair Access Net Operating Income 82176 Sale Includes Building On Leased Land Tot Bldg Sq Ft 4943 Utilities Public SewerPublic Water Zoning Medi

Listing courtesy of Mike Handley of Town'n Country Realty.


Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-10-22T17:21:18.56.

 
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