Restaurants /CA /Santa Cruz County /Santa Cruz /1505 Commercial Way
Restaurants /CA /Santa Cruz County /Santa Cruz /1505 Commercial Way

1505 Commercial Way - Restaurant FOR SALE


Santa Cruz, CA 95065 | 
$4,610,000 USD
831-247-2647
1505 Commercial Way, Santa Cruz, CA for Sale
$4,610,000 USD
Restaurant - FOR SALE
1/5
null | 4.75% Cap Rate
VIEW MAP
GET DIRECTIONS

1505 Commercial Way
Santa Cruz, CA 95065

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • Rare Santa Cruz County Net Leased Opportunity with High Barriers to Entry
  • High Visibility Highway 1 Offramp Location
  • 10-year Firm Terms with Increases for Both Tenants
  • Directly Across from Regional Hospital with over 1,500 Employees and 96,000 Patients Served Last Year

OVERVIEW

Rare Santa Cruz County Net Leased Opportunity with High Barriers to Entry. High Visibility Highway 1 Offramp Location. 10-year Firm Terms with Increases for Both Tenants. Directly Across from Regional Hospital with over 1,500 Employees and 96,000 Patients Served Last Year.

FOR SALE DETAILS

PRICE

$4,610,000 USD

PRICE/SF

$1,108 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks Anchored Net Lease Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,204 SF

ZONING

C-2

APN/PARCEL ID

025-071-20-000

ASK ABOUT THIS PROPERTY

Chris ShoemakerShoemaker Commercial Real EstateMore Info
831-247-2647

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

Chris ShoemakerShoemaker Commercial Real EstateMore Info
831-247-2647

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

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2024 CoStar Realty Information, Inc.