2020 Pacific Ave, Santa Cruz, CA 95060-2704
This exceptional 8,732-square-foot office building in downtown Santa Cruz offers a unique blend of elegance and functionality. Located on a corner lot at 2020 N Pacific Ave (near Knight Street), this single-tenant property boasts a striking architectural design, highlighted by a gated parking area for 20 vehicles. Built in 1981, the one-story Class B building features a soaring interior with high-end custom lighting and architectural details. The flexible floor plan includes a grand entry and lobby, perimeter glass offices, conference facilities, carpeted workstation areas, and additional private offices. A high-security vault room adds an extra layer of security. The property benefits from dual street frontage and excellent visibility. Its central location provides easy access to the vibrant shops, restaurants, and theaters of downtown Santa Cruz. Zoned CBD, this property sits on a 0.48-acre lot (APN 006-364-01-000). The building is suitable for various office uses, including executive, creative, traditional, and coworking spaces. A lease term of up to three years is available at a highly competitive net-net-net (NNN) rate of $1.50 per square foot.
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Santa Cruz County Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.