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    Property profile & analytics
    OFF-MARKET Estimated value $1,060,000
    Super regional malls

    1435 Main St, Watsonville, CA 95076-3755

    17,697 SF 1.7 ac lot Built 1999
    Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ILLUSION SMOKE SHOP (Bike/Boat/Book/etc) Store
    • CoinMover Bitcoin ATM Atm Kiosk
    • Hot Box Smoke Shop (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
    Mary Gutierrez · 25 yrs held
    Mary Gutierrez
    since 2001
    2 recorded transactions
    2001
    1999
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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