0 Freedom Blvd. & Airport Blvd Freedom, CA 95019
Freedom Centre, a prominent Santa Cruz County retail property, offers exceptional opportunities for businesses seeking high-visibility locations. Situated at the intersection of Freedom Boulevard and Airport Boulevard in Watsonville, this center benefits from significant traffic flow due to its proximity to Highway 101, Watsonville Airport, and Watsonville Community Medical Center. The 151,365 square foot center boasts 622 parking spaces, ensuring ample convenience for customers. Currently, there are four suites available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 34,169 square feet. A total of 37,629 square feet is currently vacant, presenting a unique chance for expansion or new tenancy. The center is anchored by a Safeway, further enhancing its appeal and drawing significant foot traffic. Its location is approximately 1.5 miles from historic downtown Watsonville, providing access to a diverse customer base. This prime retail space offers an unparalleled opportunity to establish or expand a business within a thriving community. The property is categorized as Retail Inline and Commercial, suitable for a variety of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.