140 10th Street Building G1& G2
Spaces
Retail | 2 spaces available | 1,362 SqFt - 1,366 SqFt
Building description
Located in the City of Marina on the site of historic Fort Ord and just steps from the Pacific Ocean, The Dunes on Monterey Bay is a 330-acre mixed-use planned community, with 1,200+ single family homes, managed by Shea Homes.
The master development consists of three phases. Phase I includes 524 homes (84 multi-family/livework/condos to be completed), almost 400,000 square feet of retail, a movie theater, a 140,000 square foot Veteran’s Administration clinic, a 106-room SpringHill Suites hotel, a 96 unit Home 2 Suite and parks. Phase 2 has already begun and includes the development of an additional 287 single family homes, 142 rental unit sand more than 30 acres of park land and open space. Phase 3 will add an additional 284 single family homes, a 26 acres business park and will begin selling in spring 2025.
Building highlights
- Part of the Tax Cuts & Jobs Act of 2017
- Tax incentive for investing in disadvantaged areas
- Capital gains tax benefit on front and back end
- Wide flexibility in investments; no limitations on number of deals
Listing Contacts
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Property History
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