Century Office Plaza | 16360 Monterey 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!
Century Office Plaza 16360 Monterey Rd
27,600 SF 95% Leased Office Building Morgan Hill, CA 95037 £7,157,627 (£259/SF) 5.50% Net Initial Yield
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
£7,157,627
Price Per SF
£259
Net Initial Yield
5.50%
NOI
£393,669
Percent Leased
95%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
13,800 SF
Slab to Slab
9 ft
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 Route
- Controlled Access
- Fenced Lot
- Skylights
- Central Heating
- Suspended Ceilings
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Comfortable workspace with windows that can be opened. ADA certified. Well maintained with lots of parking.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 250 | 1,343 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 250
| Size |
| 1,343 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 7
VIDEOS
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 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 817-02-017 | Improvements Assessment | £1,660,664 |
| Land Assessment | £614,922 | Total Assessment | £2,275,586 |
PROPERTY TAXES
Parcel Number
817-02-017
Land Assessment
£614,922
Improvements Assessment
£1,660,664
Total Assessment
£2,275,586
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Real Estate Solutions
Century Office Plaza | 16360 Monterey 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.