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19 San Juan Rd 7,000 SF 100% Leased Office Building Watsonville, CA 95076 $6,500,000 ($928.57/SF) 5.09% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy Daytime Traffic
- Prime Location
- 2 Buildable Lots with Water Allocations (Builders Dream).
EXECUTIVE SUMMARY
MIXED USE PROPERTY: Car Wash, 7,000 sq. ft Building, 1,000 sq. ft. Apartment, 16 parking spaces and 2 buildable Lots with water allocations for automotive, apartments, retail or office space. The main building has cannabis store, laundromat, apartment. Pajaro Car wash which is operated by the owners of the property and can be operated by the new buyers or easily leased out. The 2 vacant lots are a builders dream because of the water allocations.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Building Size
7,000 SF
Building Class
C
Year Built
2005
Price
$6,500,000
Price Per SF
$928.57
Cap Rate
5.09%
NOI
$331,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.23
Lot Size
0.70 AC
Zoning
AO
Parking
16 Spaces (2.29 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 117-362-001-000 | Improvements Assessment | $1,176,895 |
| Land Assessment | $136,321 | Total Assessment | $1,313,216 |
PROPERTY TAXES
Parcel Number
117-362-001-000
Land Assessment
$136,321
Improvements Assessment
$1,176,895
Total Assessment
$1,313,216
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19 San Juan Rd
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