Mixed-Use Property in Downtown Santa
130 Pearl Aly Santa Cruz, CA
130 Pearl Aly, Santa Cruz, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Rare opportunity for owner-user, investment, or mixed-use redevelopment.
Property Size17,319 SF
Lot Size0.28 Acres
Price / SF$287.26
Days on Market749
Property Features for 130 Pearl Aly
General Information
- Standard status
- Active
- Size
- 17,319 SF
- Lot size
- 0.28 Acres
- Property subtype
- OFFICE
Listing Agency
Cushman & Wakefield | Bakersfield
(831) 647-2109
Listed by
Reuben Helick
(831) 647-2109
Source
Moodyscre
Added: Jul 2, 2024 Updated: Jul 10 at 11:43 am Checked: Jul 20 at 2:24 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Bakersfield
Investment Insights
Based on property information with market context.
This mixed-use property offers a rare opportunity for an owner-user, investment, or development project. The property features an eclectic mix of retail, office, and food and beverage tenants. It is currently near 100% occupancy with flexible leases in place. The property presents a mixed-use redevelopment possibility. It benefits from a premier downtown Santa Cruz location, situated right off Pacific Avenue and surrounded by all major city parking lots and garages. The property has a size of 17319 square feet.
Key Highlights
- Premier downtown Santa Cruz location, right off Pacific Ave and surrounded by all major city parking lots and garages.
- Near 100% occupancy with flexible leases in place.
- Rare Owner‑User/ Investment/ Development Opportunity.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $727.4k | $42.00 |
| − Vacancy | −$160.0k | −$9.24 |
| EGI | $567.4k | $32.76 |
| − OpEx | −$141.8k | −$8.19 |
| NOI | $425.5k | $24.57 |
17,319 SF · lease $42.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$9.90M
$8.67M – $11.55M
NOI $693,210 @ 7.0% cap · market cap 13.93%
Second Best
Mixed Use
$8.84M
$7.74M – $10.32M
NOI $618,938 @ 7.0% cap · market cap 12.44%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Superactive Design Co.
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Rare opportunity for owner-user, investment, or mixed-use redevelopment.
Where is this mixed-use property located?
The property is located at 130 Pearl Aly Santa Cruz, CA.
What is the asking price?
The asking price for this property is $4,975,000.
What are key features of this property?
This property features: Premier downtown Santa Cruz location, right off Pacific Ave and surrounded by all major city parking lots and garages.; Near 100% occupancy with flexible leases in place.; Rare Owner‑User/ Investment/ Development Opportunity.
