• 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