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70 Garden Court

Off-Market

70 Garden Court, Monterey, CA 93940

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  • Property Type Office - General Office
  • Property Size 33,176 SF
  • Lot Size 1.53 Acre
  • Parking Spaces Avail. 98
  • Parking Ratio 2.98/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1984

Location

  • Walk Score ® Car-Dependent (23)
  • Transit Score ® Minimal Transit (16)
  • Bike Score ® Somewhat Bikeable (22)
Powered by Walk Score ®
  • City Monterey, CA
  • Neighborhood Casanova Oak Knoll
  • Zip Code 93940
  • Market Central Coast

Points of Interest

7-Eleven

0.90 miles

Chevron

0.90 miles

Quick Stop

0.90 miles

Alliance Gas

0.96 miles

Speedway

1.41 miles

7-Eleven

1.42 miles

Arco

1.72 miles

Shell

1.75 miles

76

1.78 miles

Valero

1.94 miles

Short Term Parking

0.24 miles

Short Term Parking

0.29 miles

CDC Parking

1.64 miles

Lot F

1.66 miles

Lot E

1.68 miles

Lot D

1.71 miles

Lot J

1.79 miles

Lot A

1.88 miles

Lot C

1.89 miles

Lot B

1.90 miles

Super 8 by Wyndham Monterey

0.85 miles

Motel 6 Monterey

0.88 miles

Super 8 Monterey

0.88 miles

Candle Bay Inn

0.89 miles

Red Roof Inn Monterey

0.89 miles

El Castell Motel

0.90 miles

Ramada by Wyndham Monterey

0.91 miles

El Castell Motel

0.91 miles

Lone Oak Lodge

0.91 miles

Best Western De Anza Inn

0.93 miles

Subway

0.85 miles

Sushi By the Bay

0.86 miles

Sushi by the Bay

0.86 miles

Grandma's Cafe

0.86 miles

Happy Dragon

0.90 miles

Black Bear Diner

0.92 miles

Jamba

0.92 miles

Denny's

0.93 miles

Caruso's Corner

0.95 miles

Chef Lee's

1.04 miles

Foothill Elementary School

0.40 miles

Santa Catalina Elementary School

1.00 miles

Del Rey Woods Elementary School

1.22 miles

Lamesa Elementary School

1.33 miles

Bay View Academy Lower Campus

1.35 miles

Cypress Continuation High School

1.56 miles

Monterey Peninsula Adventist Junior Academy

1.60 miles

Monterey Peninsula College

1.84 miles

Noche Buena School

1.90 miles

Highland Elementary School

1.92 miles

MPC Early Childhood Lab School

1.65 miles

Saint Angela's Preschool

4.04 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 08 Dec, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Monterey

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Monterey Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.24
  • 2020 Office Vacancy Rate 19.14%
  • 2020 Office Completions (SF)

Monterey Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $186.65
  • Y-o-Y Avg. PpSF Change 34.03%
  • 2020 Office Sales Volume $24.9M
  • 2020 Number of Transactions 3
View more Monterey market trends

Tax

  • Property Tax in 2022-2023 $71,558
  • Market Value* $6,550,553
  • Assessed Value $6,550,553

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 70 Garden Court?

70 Garden Court totals 33,176 square feet.

When was this property built?

70 Garden Court was built in 1984.

When was 70 Garden Court last sold?

70 Garden Court was last sold on 08 Dec, 2014.

What is the property tax for 70 Garden Court?

The property tax for 70 Garden Court in 2022-2023 was $71,558.

What is the market value for 70 Garden Court?

The market value* for 70 Garden Court in 2022-2023 was $6,550,553.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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