Two-Story Building in Downtown Santa
For Sale
Contact for pricing
125 Walnut Ave & 130 Pearl Alley, Santa Cruz, CA 95060
Two-story, 97% leased building in downtown Santa Cruz.
Property Size17,319 SF
Price / SF$287.26
Days on Market1443
Property Features for 125 Walnut Ave & 130 Pearl Alley
General Information
Standard status
Active
Size
17,319 SF
Property subtype
Retail
Zoning
CBD
Lease Type
NNN
Net Operating Income
$255,000
Building Details
Year Built
1939
Year Renovated
2006
Buildings
1
Stories
2
Units
13
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Monterey
Listed By:
Reuben Helick · License #CA 01171272
Source:
Crexi
Added: Sep 10, 2022
Changed: Aug 16
Last Checked: Aug 21 at 8:29PM
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 Monterey
Investment Insights
Based on property information with market context.
This two-story building, encompassing 17,319 square feet, is currently 97% leased. It is situated in downtown Santa Cruz, surrounded by a dense retail area. The location is near several mixed-use redevelopment projects. The property offers immediate stable cash flow, with potential for increased value. Downtown Santa Cruz is experiencing growth, with several large-scale market-rate multifamily and hotel developments planned or under construction within the next two years. The Santa Cruz Warriors are in the design phase of developing a permanent arena in the South of Laurel District of Downtown. This property presents a chance to own a building in Downtown Santa Cruz.
Key Highlights
- 97% leased, providing immediate stable cash flow
- Located in Downtown Santa Cruz, a growing area with significant redevelopment projects underway
- Rare opportunity to own a building in Downtown Santa Cruz, where properties trade infrequently
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,140
Businesses Nearby
162k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 33%
Dining 28%
Shops & Services 23%
Apparel 10%
Trader Joe's
Groceries
53,820 visits/mo
0.2 miles
Jack in the Box
Dining
20,100 visits/mo
0.5 miles
Starbucks
Dining
17,002 visits/mo
0.5 miles
Wells Fargo
Shops & Services
9,361 visits/mo
0.2 miles
7-Eleven
Shops & Services
9,326 visits/mo
0.4 miles
Demographics for 95060, CA
47,931
Population
20,181
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
94%
High-School Grad
54.5 sq mi
ZIP Area
879
Density / Sq Mi
$106,040
Median Household Income
$46,231
Median Earnings
$2,356
Median Rent
$1,189,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two-story, 97% leased building in downtown Santa Cruz.
Where is this retail space located?
The property is located at 125 Walnut Ave & 130 Pearl Alley 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: 97% leased, providing immediate stable cash flow; Located in Downtown Santa Cruz, a growing area with significant redevelopment projects underway; Rare opportunity to own a building in Downtown Santa Cruz, where properties trade infrequently
