5,500
Sq. Ft.
1.973
Acre Lot
85,944 square foot parcel (1.97acres) located near the intersection of E. Lake Ave and Holohan Rd, one of the busiest intersections in Watsonville. Includes a 5,500 sq. ft. building leased to Farmers Market for 10 years beginning 01/31/2020, with 10 year option. Lease rate is $10,404 per month plus 50% of property taxes ($4,125+/-) and all operating expenses. The lease covers the building and parking area excluding approximately 20,000 sq. ft. for future development for a new buyer. The listing price is based on a 5.5 CAP plus $200,000 for the potential undeveloped remaining land.
ML81958704
Commercial - Business Opportunities, 1 Story
1952
Santa Cruz
1.973
Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
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Bike Score
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Courtesy: William Lewis, Lewis Real Estate
Agent Cell Phone: 831-429-9200
Agent License: 00360906
Office License: 00360906
Office Phone: (831) 429-9200
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