125 Walnut Ave - Storefront Retail/Office FOR SALE


Santa Cruz, CA 95060
$4,975,000 USD
831-647-2109
125 Walnut Ave, Santa Cruz, CA for Sale
$4,975,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 5.12% Cap Rate

125 Walnut Ave
Santa Cruz, CA 95060


HIGHLIGHTS

  • Rare Owner-User/ Investment/ Development Opportunity
  • Premier downtown Santa Cruz location, right off Pacific Ave and surrounded by all major city parking lots and garages
  • Eclectic mix of retail, office, and food and beverage tenants
  • Near 100% occupancy with flexible leases in place
  • Mixed-Use Redevelopment Possibility

OVERVIEW

Cushman and Wakefield, as the exclusive advisor, is proud to present the opportunity to acquire the 100% fee simple interest in 125 Walnut Ave. & 130 Pearl Alley (“the Property”.) The two-story 17,319 SF building is located on historic Walnut Ave.- right in the heart of rapidly growing Downtown Santa Cruz, CA. Downtown Santa Cruz continues to grow as over several large-scale market-rate multifamily and hotel developments have broken ground or are set to break ground within the next two years. Only a few properties trade in Downtown Santa Cruz each year, so each offering is a rare opportunity. The Eulensen Building is no exception, and is a rare chance to become a building owner in Downtown Santa Cruz.

FOR SALE DETAILS

PRICE

$4,975,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

5.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CBD

APN/PARCEL ID

005-075-07-000,005-075-08-000

ASK ABOUT THIS PROPERTY

Reuben HelickCushman & WakefieldMore Info
831-647-2109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Reuben HelickCushman & WakefieldMore Info
831-647-2109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.