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    Multi-Tenant Retail Building Title is generated by Realmo AI

    2525 Soquel Drive, Santa Cruz, CA 95065

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    For Sale
    $3,600,000

    Multi-tenant retail investment with ample parking and C1 zoning along a heavily traveled Santa Cruz corridor.

    Type:Commercial/Industrial
    Property size:
    7,500 SF
    Lot size:
    0.60 Acres
    Price / SF:
    $480/SF
    Added:
    Apr 27, 2026
    Days on Market:
    72
    Last Refresh:
    Jul 6 at 1:56 am

    Property Features for 2525 Soquel Drive

    General Information

    Standard status
    Active
    Size
    7,500 SF
    Lot size
    0.60 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1966

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    Gina Carling
    Gina Carling

    Listing office David Lyng Real Estate

    Listing date Apr 27, 2026

    Source Exitrealty

    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 David Lyng Real Estate

    HighLights

    • Multi‑tenant commercial building with 7,500 SF of gross leasable area on a 0.6‑acre lot
    • 35‑space parking lot with ingress/egress from both Soquel Dr and Winkle Ave
    • Leased to three long‑term tenants with an established, consistent income history
    • C1 zoning
    • Year built: 1966

    Overview

    2525 Soquel Dr is a multi-tenant commercial retail building offering 7,500 square feet of gross leasable area on a 0.6-acre lot. The property includes a 35-space parking lot designed for convenient customer access, with ingress and egress from both Soquel Drive and Winkle Avenue. It is currently leased to three long-term tenants.

    The building is positioned along one of Santa Cruz County’s most traveled corridors, providing high-profile exposure on Soquel Drive. The remarks note an estimated 20,000+ vehicles per day, supporting strong visibility for businesses serving the surrounding trade area. The property sits in a developing commercial environment alongside residential neighborhoods.

    Zoned C1, the site can be considered by investors seeking an income-producing retail asset with established tenants, as well as owner-users looking for a centrally located retail building with practical parking. With the combination of multi-tenant configuration, dedicated off-street parking, and access from two streets, the property is designed to accommodate day-to-day customer flow for a range of retail-oriented uses permitted under the C1 zoning designation.

    Local 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 (±1% cap)
    NOI $300,195 @ 7.0% cap · market cap 8.34%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Law Firm Hotel & Motel Barber Shop Travel Agency Pharmacy Bed & Breakfast Auto Parts Store Bar & Pub Grocery & Convenience Store Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Cruz
    County
    Santa Cruz
    State
    California
    Longitude
    -121.9744403
    Latitude
    36.9885256

    FAQs

    What type of property is this?
    Retail space - Multi-tenant retail investment with ample parking and C1 zoning along a heavily traveled Santa Cruz corridor.
    Where is this retail space located?
    The property is located at 2525 Soquel Drive Santa Cruz, CA.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: Multi‑tenant commercial building with 7,500 SF of gross leasable area on a 0.6‑acre lot; 35‑space parking lot with ingress/egress from both Soquel Dr and Winkle Ave; Leased to three long‑term tenants with an established, consistent income history
    More about this property
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