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1435 Main St Watsonville, CA 95076-3755

OFF-MARKET Super regional malls Google Maps
17,697 SF 1.7 ac lot Built 1999
Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$1.06M
Range $954k – $1.17M (±10%)
Property ID US09-1789961

Property summary

AI-generated overview

This 3,070 square foot retail space is located at 1435 Main Street in Watsonville, CA 95076, within the Overlook Shopping Center. The space boasts a large open retail front, ideally situated next to high-traffic businesses such as Starbucks, GNC, SukhoThai Restaurant, Staples, and Boost Mobile. Built in 1997, this single-tenant space includes two dressing rooms, an ADA-compliant restroom, and convenient back storage. A recently installed security system enhances safety and security. The Overlook Shopping Center itself is a significant retail destination, encompassing over 260,000 square feet and featuring a diverse mix of businesses, including both local favorites and major national anchors like McDonald's, Ross, and Target. Ample parking is available with over 2,721 parking spaces to accommodate customers and employees. The negotiable price makes this an attractive opportunity for a variety of retail businesses seeking a high-visibility location in a bustling shopping center. This space offers excellent potential for growth and success within a well-established and thriving retail environment. The property is ready for immediate occupancy.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1999
Construction WOOD
Total area 17,697 SF
Lot 1.7 ac (74,052 SF)
APN 018-271-15
UPID US09-1789961

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Currency Exchange Service Atm
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.06M

Owner & transaction history

since 2001
2 recorded transactions
2001
Price N/A
1999
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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