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HIGHLIGHTS
- Prime Drive-Thru Location: Excellent visibility and access on a major commercial corridor, with over 25,000 vehicles per day and proximity to national
- Thriving Community
- Abundant Retail
- Ready for Redevelopment: Fully equipped kitchen, existing drive-thru infrastructure, and abundant parking—ideal for restaurant, coffee shop, or retail
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,740 SF | Negotiable | $50.76 /SF/YR $4.23 /SF/MO $139,082 /YR $11,590 /MO | Triple Net (NNN) |
1st Floor
Mahoney & Associates is pleased to present for the first time on the market a +/- 2,740 SF vacant restaurant building with a drive-thru on +/- 19,000 SF lot. Originally constructed as a Foster’s Freeze quick-serve restaurant, the property benefits from a signalized hard intersection with over 25,000 VPD, an existing drive thru queue in a trade area where drive-thrus are hard to come by, a fully functional kitchen area with the possibility of purchasing the FF&E, and abundant off-street parking. Directly across from the subject property Eden Housing, a major non-profit housing developer has broken ground on the construction of the new 53-unit Tabasa Gardens apartment complex featuring a combination of one-bedroom, two-bedroom, and three bedroom units.
- Lease rate does not include utilities, property expenses or building services
- 8+ Car Stacking in Drive-Thru
- Hard corner location with ample parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1487 FREEDOM BLVD, WATSONVILLE, CA 95076
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Fosters Freeze
- Ice Cream
- 80
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Fosters Freeze | Ice Cream | 80 | Local |
PROPERTY FACTS
| Total Space Available | 2,740 SF | Gross Leasable Area | 3,631 SF |
| Property Type | Retail | Year Built | 1914 |
| Property Subtype | Fast Food | Parking Ratio | 7.3/1,000 SF |
| Total Space Available | 2,740 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 3,631 SF |
| Year Built | 1914 |
| Parking Ratio | 7.3/1,000 SF |
ABOUT THE PROPERTY
Unlock the potential of this highly visible restaurant space with drive-thru, located on a bustling signalized intersection in Watsonville. Formerly a Foster’s Freeze, this ±2,740 SF building sits on a generous ±19,000 SF lot and features a fully functional kitchen, abundant off-street parking, and an existing drive-thru queue—an increasingly rare amenity in the area. Surrounded by major retailers and new residential development, this site offers outstanding exposure and accessibility for a wide range of business concepts, from fast-casual dining to coffee or specialty retail. Benefit from high daily traffic counts and a thriving local community with strong demand for quality services.
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
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1487 Freedom Blvd
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