For Sale
$10,130,000

325 Westridge Dr Watsonville, CA 95076

Prime Office Building, 36,635 SF, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
130

Highlights

  • ± 36,635 SF single-story Class A office building.
  • Fully improved, high-quality office building in Watsonville, CA.
  • Prime location in Westridge Business Park with easy highway access.
  • 100% leased to Driscoll's Inc. (corporate HQ since 1994) with 5.5 years remaining on the lease, including 3% annual rent increases.
  • $10,130,000 asking price, $276/SF, with a 6.90% cap rate and $695,977 annual NOI.

Property Details for 325 Westridge Dr

Property type
Office properties
Square Feet
36,635 SF
Class
A
Buildings
1
Stories
1
Units
1

Location Insight

City
Watsonville
County
Santa Cruz
State
California
Latitude
36.9121272
Longitude
-121.782867
325 Westridge Dr, Watsonville, California
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Office property - Prime Office Building, 36,635 SF, High NOI
Where is the office property located?
The property is located at 325 Westridge Dr Watsonville, CA.
What is the asking price?
The asking price for this property is $10,130,000.
What are key features of this property?
This property features: ± 36,635 SF single-story Class A office building.; Fully improved, high-quality office building in Watsonville, CA.; Prime location in Westridge Business Park with easy highway access.
How can I contact the broker?
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325 Westridge Dr
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