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32759894
32759904

1200 & 1250 Montego Way, Walnut Creek, CA 92780-4127

LE
CA CA 00958987
Colliers International Walnut Creek
KS
CA 0936093, CA 00936093
Kidder Mathews Sacramento
Colliers International Walnut Creek
Listed by Colliers International Walnut Creek, Kidder Mathews Sacramento
Unpriced
19 days on market
Updated 19 days ago

Montego Ridge

Details
APN 140-260-031-4,140-260-032-2
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 122,820
Year Built 1978
Buildings 2
Stories 2
Acreage 5.524
Zoning PD-888 with O-C Overlay (Office, Medical)
Parking Spaces 338 spaces
Parking Per SqFt 2.75
Occupancy Date 06/12/2022

Office | 122,820 SqFt

Marketing description

Colliers International and Kidder Mathews, as exclusive listing brokers, are pleased to present an opportunity to acquire the 100% fee simple interest, or lease the remaining two (2) buildings located at 1200 and 1250 Montego Way, Walnut Creek, CA.

The Montego Ridge Project consists of three two-story Medical / Office buildings with over 1,000 feet of frontage on Ygnacio Valley Road directly adjacent to John Muir Medical Center. The Project totals approximately 122,820 square feet of buildings located on 5.52 acres of land. The property is currently vacant. This site represents the only remaining 2 building campus-type property within the Walnut Creek vicinity available for sale or lease with medical uses allowed.

Montego Ridge is located just 1 mile from I-680, .6 miles from downtown Walnut Creek and .5 miles from John Muir Medical Center, the region's primary trauma center. Access to the John Muir Hospital is available via a 3-4 -minute drive on Montego Way where just two stop signs regulate traffic flow directly into John Muir. Uses for the site can range from office, medical office, assisted living, and other residential care uses.

The two remaining buildings at Montego Ridge are located on separate parcels. The ownership is flexible in making available the opportunity to purchase or lease each building individually or in combination the entire 2 building campus. The previous ownership invested more than $3.4 million in securing the roof, equipment, landscaping, interior and exterior renovations.

Montego Ridge is a three building office complex1200 Montego ±31,258 sf1250 Montego ±24,923 sf1350 Montego ±66,640 sf


Investment highlights

  • ±31,258 rentable square feet
  • ±1.42 acre parcel
  • 2-stop hydraulic elevator served
  • 208/120V 3-phase power
  • ±3/1000 on Site Parking Ratio
  • 65+ Non Metered Street Parking Stalls
  • ±24,923 rentable square feet
  • ±1.013 acre parcel
  • 3-stop hydraulic elevator served
  • 208/120V 3-phase power
  • ±3/1000 on Site Parking Ratio
  • 65+ Non Metered Street Parking Stalls
  • Elevator Served: 2-stop hydraulic
  • Restrooms

Listing Contacts

LE
CA CA 00958987
Colliers International Walnut Creek
KS
CA 0936093, CA 00936093
Kidder Mathews Sacramento
Colliers International Walnut Creek
Listed by Colliers International Walnut Creek, Kidder Mathews Sacramento

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Additional Information

Name
Larry Easterly
License
CA 00958987
Brokerage
Larry Easterly
Title
EVP
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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