Multi-Tenant Retail Building with
2525 Soquel DR A Santa Cruz, CA 95065
For Sale
$3,399,000
COMMERCIAL - SANTA CRUZ, CA
Property Size7,500 SF
Lot Size0.60 Acres
Price / SF$453.20
Days on Market48
Property Features for 2525 Soquel DR A
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Parking
- 35
- Parking features
- Guest, Off Street
- Standard status
- Active
- Lot size
- 0.60 Acres
Utilities
- Heating system
- Forced Air, Electric (Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1966
- Flooring type
- Tile, Hardwood, Carpet, Linoleum
- Roof type
- Foam
Listing Agency:
David Lyng Real Estate
(831) 438-5700
Listed By:
Gina Carling · License #01480003
(831) 818-0771
Added: Jun 9
Changed: Jul 24
Last Checked: Jul 26 at 5:06PM
MLS# ML82044696
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 2525 Soquel Dr, this multi-tenant commercial retail building offers approximately 7,500 square feet of gross leasable area on a 0.601-acre lot. The property is zoned C-1 and includes a 35-space parking lot designed for convenient customer access.
Ingress and egress are provided from both Soquel Drive and Winkle Avenue, supporting day-to-day convenience for tenants and customers. The building is currently leased to three long-term tenants, with a stated history of stable occupancy.
Positioned along one of Santa Cruz County’s most traveled corridors, the property is described as benefiting from high visibility along Soquel Drive, with an estimated 20,000+ vehicles per day. It is presented for sale as a long-held asset, with the remarks also noting development or repositioning possibilities under the existing zoning.
Ingress and egress are provided from both Soquel Drive and Winkle Avenue, supporting day-to-day convenience for tenants and customers. The building is currently leased to three long-term tenants, with a stated history of stable occupancy.
Positioned along one of Santa Cruz County’s most traveled corridors, the property is described as benefiting from high visibility along Soquel Drive, with an estimated 20,000+ vehicles per day. It is presented for sale as a long-held asset, with the remarks also noting development or repositioning possibilities under the existing zoning.
Key Highlights
- Multi‑tenant commercial building with 7,500 SF gross leasable area on a 0.6‑acre lot
- 35‑space parking lot with ingress/egress from Soquel Dr and Winkle Ave
- Currently leased to three long‑term tenants
Financial Insights For Retail
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 | $450.0k | $60.00 |
| − Vacancy | −$21.2k | −$2.82 |
| EGI | $428.9k | $57.18 |
| − OpEx | −$128.7k | −$17.15 |
| NOI | $300.2k | $40.03 |
7,500 SF · lease $60.00/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.29M
$3.75M – $5.00M
NOI $300,195 @ 7.0% cap · market cap 8.83%
Second Best
—
—
no second resolved use
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
Elaine's Dance Studio
Training Center
El Chino Mexican ...
Restaurant
Two Stone Cabinets ...
Hardware & Home Improvement
Tile Outlet-Soquel
Hardware & Home Improvement
Similar Off Market Nearby
- Stewart's Floral, Inc. — 1658 Soquel Dr # A, Santa Cruz, CA 95065
- Sunflower Florist — 3555 Clares St, Capitola, CA 95010
FAQs
What type of property is this?
Storefront property - Multi-tenant retail building on a 35-space parking lot, zoned C-1, currently leased to three long-term tenants.
Where is this storefront property located?
The property is located at 2525 Soquel DR A Santa Cruz, CA.
What is the asking price?
The asking price for this property is $3,399,000.
What are key features of this property?
This property features: Multi‑tenant commercial building with 7,500 SF gross leasable area on a 0.6‑acre lot; 35‑space parking lot with ingress/egress from Soquel Dr and Winkle Ave; Currently leased to three long‑term tenants
