16360 Monterey Rd - Medical FOR SALE


Morgan Hill, CA 95037
$9,000,000 USD
408-221-1369
16360 Monterey Rd, Morgan Hill, CA for Sale
$9,000,000 USD
Medical - FOR SALE
1/13
null | 5.5% Cap Rate

16360 Monterey Rd
Morgan Hill, CA 95037


HIGHLIGHTS

  • On Morgan Hill's main thoroughfare; frontage from two streets; close to shopping.
  • Lots of parking and natural light.
  • Fully ADA.

OVERVIEW

Financials coming shortly, cap rate is roughly 5.5%. 16360 Monterey Rd is located on Morgan Hill's busiest thoroughfare with excellent freeway, shopping and downtown access. The 27,600 square foot property has 2 floors and sits on 1.39 acres of land. The property is fully ADA compliant and has ample natural light.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Century Office Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

107

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

CT, Morgan Hill

APN/PARCEL ID

817-02-017

ASK ABOUT THIS PROPERTY

Alex KennettReal Estate SolutionsMore Info
408-221-1369

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Alex KennettReal Estate SolutionsMore Info
408-221-1369

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.