Kenmark Real Estate Group, Inc. is pleased to present  
The Monterey Commerce Center

Situated on the northern end of the Ryan Ranch Business Park, the approximately 1.85 acre property consists of one two-story office building and two single-story office/industrial flex/R&D buildings.   

High class, multi-tenant office building (Bldg 1) offers double story lobby, high end upgraded interior finishes, turn key tenants suites, security and building controls infrastructure, elevator, shower and locker rooms.  Recent capital investments include roof, boiler, rooftop fencing and package unit upgrades as well as parking lot/ADA improvements and landscaping.  2019 average rates exceed $2.40 psf.

Single tenant, single-story walk-up office/flex R&D building (Bldg 2) underwent complete mechanical systems rebuild and equipment replacement in 2019 and boasts robust infrastructure including 3 phase power with additional panel capacity, and extensive duplicate backup generators and complete roofing overlay in 2015.  

Multi-tenant, single-story walk-up office/flex R&D building (Bldg 3) includes generous storefronts and 6 roll up doors.  All phase 3 , 120/208 with 2 @ 1200 panels and room for additional capacity.   Highest rates of this type in the market with 2019 average of $1.79 psf. 

All buildings fully sprinklered and conditioned, framing (wood/metal concrete tilt), foundations (slab on grade) , roofs (single play top and built up with cap) Bldgs 2 & 3 offer +/-16' clear heights 

Additionally, this beautifully maintained property provides ample parking ratios, exceptionally well maintained landscaping and common walkways, and sweeping views of the surrounding hills.  It is ideally located within close proximity to MRA and Highways 68 and 1.   

Please contact us today to schedule a tour!




Building 1 entrance


Main entrance
 

Address

1 Lower Ragsdale Drive
Monterey, CA

Phone

(650) 560-0055

Email

[email protected]

Kenmark Real Estate Group, Inc.
DRE # 01235954

2450 Cabrillo Highway South #200
Half Moon Bay, CA, 94019

This information has been obtained from sources deemed reliable but has not been verified.  No guarantee, warranty or representation, express or implied, is made with respect to information provided. Terms of sale, availability and information regarding the property is subject to change or be withdrawn without notice.