4768 Soquel Drive, Soquel, CA, USA
Offered At:
$1,395,000
Bds.
Bths.
SqFt
2,952
Prime Commercial Building
ML81960519
Prime Soquel Village Property on 2 legal parcels with long-term established tenant USPS offering stable income. The facility includes 9 parking spaces on-site, with 2 handicapped spots, an ADA access ramp, rear loading dock, dual pane windows, 3-phase power, brick exterior, and received $50,000+/- in major plumbing updates in March 2022.
The building is listed in the County Records as 2952 SF on two APN's: Parcel 030-153-25 (the main parking lot parcel, which totals 4,922 SF.) and Parcel 030-153-26 (the primary building parcel, which totals 9,017 SF.) for combined total lot size of 13,939 SF. The current lease runs through August 31, 2025 at $65,422 GSI ($5,451.83 per month, or $1.95/SF) plus two 5-year options, with rent going to $71,964 in Sept 2025 ($5,997.02 per month, or $2.14/SF) and $79,160 in Sept 2030 ($6,596.72 per month, or $2.35/SF).
The current lease only lists the building as having 2803 SF and references the 9,017 SF main parcel but not the parking lot parcel, and the property adjoins public parking. Mid-county location with high foot and car traffic to the front with the popular local shops and restaurants of Soquel Village, while also enjoying direct access to the tranquil picnic areas, creekside footpaths and walkways of the Heart of Soquel Park to the rear.
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