This exceptional commercial property in Soquel, California, presents a compelling investment opportunity. Located at 4768 Soquel Dr, 95073, this single-story, 2,950 square foot Class B office building sits on two legal parcels totaling 13,939 square feet (APN 030-153-25 and 030-153-26). Currently 100% occupied by a long-term tenant, the US Postal Service, under a lease extending to August 31, 2025, with two five-year options. The lease features a Gross Scheduled Income (GSI) of $65,422 annually, increasing to $71,964 in September 2025 and $79,160 in September 2030. The building, constructed in 1958, boasts a brick exterior, double-pane windows, 3-phase power, a rear loading dock, and ADA accessibility including a ramp and 9 parking spaces (2 handicapped). Significant plumbing updates exceeding $50,000 were completed in March 2022. The property benefits from a high-traffic location in Soquel Village, near shops, restaurants, and the tranquil Heart of Soquel Park. While the current cap rate is 3.30%, the property's prime location and zoning offer significant long-term appreciation potential, making it an attractive investment despite the current market conditions. The permitted zoning is PF-GH. This offering presents a blend of reliable rental income and substantial future growth prospects.
Highlights
2,950 SF Class B office building on 13,939 SF lot in Soquel, CA (APN 030-153-25 & 030-153-26).
100% occupied by US Postal Service with lease expiring 8/31/2025, plus two 5-year options.
Annual GSI: $65,422 (increasing to $71,964 in 2025 and $79,160 in 2030).
Brick building (1958), double-pane windows, 3-phase power, rear loading dock, ADA compliant, 9 parking spaces.
$50,000+ in plumbing upgrades (March 2022); high-traffic Soquel Village location; PF-GH zoning.
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Datta Khalsa
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4768 Soquel Dr, Soquel, California, 95073
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4768 Soquel Dr
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