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1505 Commercial Way
Santa Cruz, CA 95065

$4,610,000 USD

Restaurant For Sale  •  4,160 SF

Property Details

• Property Type Restaurant
• Total Building Size 4,160 SF
• Lot Size 0.62 AC
• Year Built 2024
• Cap Rate 4.75 %
• Tenancy Multiple
• Zoning C-2

38 Transit Score

66 Walk Score

Highlights

Rare Santa Cruz County Net Leased Opportunity with High Barriers to Entry

High Visibility Highway 1 Offramp Location

10-year Firm Terms with Increases for Both Tenants

Directly Across from Regional Hospital with over 1,500 Employees and 96,000 Patients Served Last Year

Property Flyers

Marketing Package Starbucks Tortilla Shack

Cap Rate:

4.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Starbucks	1,800 SF
Tortilla Shack	2,360 SF

Amenities

• Freeway Visibility

Public Transportation

Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	44 min	-	32.8 mi
Monterey Regional	49 min	-	40.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	49
Type:	Surface
Included in Rent:	Yes