Santa Cruz Office Space
For Sale
Contact for pricing
2880 Soquel Ave, Santa Cruz, CA
Highly visible office space for lease in Santa Cruz.
Property Size9,000 SF
Lot Size1.23 Acres
Price / SF$538.89
Days on Market335
Property Features for 2880 Soquel Ave
General Information
Standard status
Active
Size
9,000 SF
Lot size
1.23 Acres
Property subtype
OFFICE
Lease Type
NNN
Site & Location
Neighborhood
Prospect Heights
Properties For Sale
at 2880 Soquel Ave Contact us2880 Soquel Ave AVAILABLE, Now
Floor
2
Size
4,665 SF
Type
OFFICE
Lease Type
NNN
Sublease
No
- 17,500 sf available
- 9,000 sf available on ground floor - divisible to approx.3,500 sf
- Additional 4,000 sf basement space available
- 4,665 sf available upstairs (elevator served)
- High visibility location
- More than ample parking 5/1,000
- At&t fiber network served
- Located mid-county at the soquel/highway 1 interchange
- Highway 1 freeway access north and south seconds away
- Zoned c-4
- Highly visible location in mid-county santa cruz. Well built and maintained, two-story property with elevator and stair access to second story. Multiple options for large open space and some privates/conference room/ breakroom opportunities. Divisible to 3,500 sf. Freeway access nearly adjacent to property. Opportunity for one of the more convenient locations in the county.
Contact us 2880 Soquel Ave AVAILABLE, Now
Floor
G
Size
9,000 SF
Type
OFFICE
Lease Type
NNN
Sublease
No
- 17,500 sf available
- 9,000 sf available on ground floor - divisible to approx.3,500 sf
- Additional 4,000 sf basement space available
- 4,665 sf available upstairs (elevator served)
- High visibility location
- More than ample parking 5/1,000
- At&t fiber network served
- Located mid-county at the soquel/highway 1 interchange
- Highway 1 freeway access north and south seconds away
- Zoned c-4
- Highly visible location in mid-county santa cruz. Well built and maintained, two-story property with elevator and stair access to second story. Multiple options for large open space and some privates/conference room/ breakroom opportunities. Divisible to 3,500 sf. Freeway access nearly adjacent to property. Opportunity for one of the more convenient locations in the county.
Contact us 2880 Soquel Ave AVAILABLE, Now
Floor
Base
Size
4,000 SF
Type
OFFICE
Lease Type
NNN
Sublease
No
• 17,500 SF Available
• 9,000 SF available on ground floor - Divisible to approx.3,500 SF
• Additional 4,000 SF basement space available
• 4,665 SF available upstairs (elevator served)
• High visibility location
• More than ample parking 5/1,000
• AT&T fiber network served
• Located Mid-County at the Soquel/Highway 1 Interchange
• Highway 1 Freeway access north and South seconds away
• Zoned C-4
• Highly visible location in Mid-County Santa Cruz. Well built and maintained, two-story property with elevator and stair access to second story. Multiple options for large open space and some privates/conference room/ breakroom opportunities. Divisible to 3,500 SF. Freeway access nearly adjacent to property. Opportunity for one of the more convenient locations in the county.
Contact us
Listing Agency:
J.R. Parrish Commercial Real Estate
(831) 476-2222
Listed By:
Carol Lezin · License #00878937
(831) 247-2610
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 24
Last Checked: Oct 21 at 2:09PM
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 J.R. Parrish Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Approximately 17,500 square feet of office space is available for lease. The ground floor offers 9,000 square feet, divisible to approximately 3,500 square feet, with an additional 4,000 square feet of basement space. The upstairs area provides 4,665 square feet accessible by elevator. Located mid-county at the Soquel/Highway 1 interchange, the property offers high visibility and convenient access to Highway 1, north and south. The property is zoned C-4. Parking is ample, with a ratio of 5 spaces per 1,000 square feet. The building is served by the AT&T fiber network. This well-maintained, two-story property features both elevator and stair access to the second story. Multiple options exist for large open spaces, private offices, conference rooms, and breakroom opportunities. The location offers convenient access within the county.
Key Highlights
- High visibility location at Soquel/Highway 1 interchange.
- Excellent Highway 1 freeway access (north and south).
- Ample parking (5/1,000).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$221,130
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,422,600
$4.4M
Cap Rate 7%
$3,159,000
$3.2M
Cap Rate 9%
$2,457,000
$2.5M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$378.0K $42.00/SF
− Vacancy
−$83.2K −$9.24/SF
EGI
$294.8K $32.76/SF
− OpEx
−$73.7K −$8.19/SF
NOI
$221.1K $24.57/SF
Area
Santa Cruz County, CA
Vacancy
22.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,422,600
Cap Rate 7%
$3,159,000
Cap Rate 9%
$2,457,000
Alternative Uses
Best Use
Office B
$3.16M
$2.76M – $3.69M
NOI $221,130 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$5.15M
$4.50M – $6.00M
NOI $360,234 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,468
Businesses Nearby
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Highly visible office space for lease in Santa Cruz.
Where is this office unit located?
The property is located at 2880 Soquel Ave Santa Cruz, CA.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: High visibility location at Soquel/Highway 1 interchange.; Excellent Highway 1 freeway access (north and south).; Ample parking (5/1,000).
