Mahoney & Associates and Carmel Realty are pleased to present to the market the opportunity to acquire a ±33,966 SF office building located at 3785 Via Nona Marie in the heart of the Carmel Rancho Commercial District. This three-story office building is listed for sale below replacement cost at $197 PSF.
The offering is an opportunity for an investor to acquire a well designed building, with great curb appeal in a sought after Carmel location with upside in rents, value and cash flow.
Carmel Rancho is Carmel’s largest business office district with neighboring tenants such as UBS, Charles Schwab, Wells Fargo Private Client Services, Merrill Lynch, Sotheby’s, Coldwell Banker, etc. With low office vacancy rates in Carmel, this is a rare value-ad opportunity for an investor.