27880 Dorris Drive Carmel Valley, CA 93923

Called Woodbriar, this is an attractive 2 story building in the heart of Carmel Mid Valley across the street from a Safeway anchored center. Located between Carmel and Carmel Valley Village, the mid valley center is home to many businesses and offices serving Carmel Valley and the greater peninsula. It has a limited amount of office buildings, with historically strong rental demand in the area. Of the 6 tenants, all are on month to month tenancies allowing an owner user to occupy part or all of the building. Existing rents are deemed to be below market and leases are gross. Spaces are individually metered and tenants pay gas and electric. Property is well maintained and grounds are attractively landscaped. Office sizes range from 373+. One tenant, Carmel Valley Medical has been a tenant in the building since 2003 and occupies 1,429 s.f. on the ground floor. The building has common restrooms on both floors, and 13 parking spaces to the rear of the building in addition to street parking.