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Century Office Plaza 16360 Monterey Rd 27,600 SF 89% Leased Office Building Morgan Hill, CA 95037 $12,563,280 CAD ($455.19 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- On Morgan Hill's main thoroughfare; frontage from two streets; close to shopping.
- Fully ADA.
- Lots of parking and natural light.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
27,600 SF
Building Class
B
Year Built/Renovated
1985/2005
Price
$12,563,280 CAD
Price Per SF
$455.19 CAD
Cap Rate
5.50%
NOI
$690,980 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,800 SF
Slab To Slab
9’
Building FAR
0.46
Lot Size
1.39 AC
Zoning
CT, Morgan Hill - Office / Medical
Parking
107 Spaces (3.88 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Bus Line
- Controlled Access
- Fenced Lot
- Skylights
- Central Heating
- Drop Ceiling
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Fl-Ste 240
- 200-400 SF
- Office
- -
- Now
Comfortable workspace with windows that can be opened. ADA certified. Well maintained with lots of parking.
Beautiful corner suite with lots of natural lighting and windows that open.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 240 | 200-400 SF | Office | - | Now |
| 2nd Fl-Ste 250 | 1,343 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 260 | 1,417 SF | Office | - | Now |
2nd Fl-Ste 240
| Size |
| 200-400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 250
| Size |
| 1,343 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 260
| Size |
| 1,417 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 250
| Size | 1,343 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Comfortable workspace with windows that can be opened. ADA certified. Well maintained with lots of parking.
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 260
| Size | 1,417 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Beautiful corner suite with lots of natural lighting and windows that open.
1 1
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 817-02-017 | Improvements Assessment | $3,038,232 CAD |
| Land Assessment | $1,125,017 CAD | Total Assessment | $4,163,250 CAD |
PROPERTY TAXES
Parcel Number
817-02-017
Land Assessment
$1,125,017 CAD
Improvements Assessment
$3,038,232 CAD
Total Assessment
$4,163,250 CAD
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Real Estate Solutions
Century Office Plaza | 16360 Monterey Rd
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