Multi-Tenant Retail Building with
2525 Soquel Drive Unit A Santa Cruz, CA 95065
For Sale
$3,600,000
Zoned C1 with 35-space parking and strong visibility along a heavily traveled Santa Cruz-area corridor.
Property Size7,500 SF
Lot Size0.60 Acres
Price / SF$480
Days on Market130
Property Features for 2525 Soquel Drive Unit A
General Information
Standard status
Active
Size
7,500 SF
Lot size
0.60 Acres
Property subtype
General Commercial
Building Details
Year Built
1966
Listing Agency:
(831) 438-5700
Listed By:
David Lyng Real Estate
Source:
Xome
Added: Mar 23
Changed: Jul 10
Last Checked: Jul 12 at 2:57AM
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
Investment Insights
Based on property information with market context.
2525 Soquel Drive Unit A is a multi-tenant retail property offering 7,500 square feet of gross leasable area on a 0.6-acre lot. The building is served by a 35-space parking lot designed for convenient customer access, with ingress and egress available from both Soquel Drive and Winkle Avenue. The property is currently leased to three long-term tenants.
The center is positioned along a principal Santa Cruz County retail corridor, providing visibility and high-profile exposure in a thriving commercial hub. Public remarks indicate estimated traffic of 20,000+ vehicles per day along Soquel Drive, with the surrounding area characterized by residential neighborhoods and expanding commercial development.
For qualified buyers or owner-users, the asset’s C1 zoning can support a range of retail-oriented uses, while on-site parking helps accommodate tenants and customers. With multiple tenants already in place and access points from two streets, this property is suited for those looking for an operational retail building in an established corridor setting.
The center is positioned along a principal Santa Cruz County retail corridor, providing visibility and high-profile exposure in a thriving commercial hub. Public remarks indicate estimated traffic of 20,000+ vehicles per day along Soquel Drive, with the surrounding area characterized by residential neighborhoods and expanding commercial development.
For qualified buyers or owner-users, the asset’s C1 zoning can support a range of retail-oriented uses, while on-site parking helps accommodate tenants and customers. With multiple tenants already in place and access points from two streets, this property is suited for those looking for an operational retail building in an established corridor setting.
Key Highlights
- Multi‑tenant commercial building with 7,500 SF gross leasable area on a 0.6‑acre lot
- Zoned C‑1 with 35 parking spaces and convenient ingress/egress from Soquel Dr and Winkle Ave
- Currently leased to three long‑term tenants with an established income history
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 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Stewart's Floral, Inc. — 1658 Soquel Dr # A, Santa Cruz, CA 95065
- Sunflower Florist — 3555 Clares St, Capitola, CA 95010
Frequently Asked Questions
What type of property is this?
Storefront property - Zoned C1 with 35-space parking and strong visibility along a heavily traveled Santa Cruz-area corridor.
Where is this storefront property located?
The property is located at 2525 Soquel Drive Unit A 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 gross leasable area on a 0.6‑acre lot; Zoned C‑1 with 35 parking spaces and convenient ingress/egress from Soquel Dr and Winkle Ave; Currently leased to three long‑term tenants with an established income history
