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1901 Mission St
Santa Cruz, CA 95060
Starbucks, Blaze & BofA · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,164 SF
Building Class
B
Year Built/Renovated
1960/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.75 AC
Zoning
C-C
Parking
40 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
94’ on Mission St

AMENITIES

  • Banking
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC

ABOUT 1901 MISSION ST , SANTA CRUZ, CA 95060

Originally constructed as County Bank of Santa Cruz in 1960, this property underwent a dramatic redevelopment in 2018. The concrete block, Mid Century construction with 8ft overhangs, flat roof and abundant parking is a one of a kind on the Mission Street corridor. Upgrades to all of the electric, plumbing and mechanical systems were completed with the intent of holding on to the Mid Century vibe of the building. The result of the reconstruction is a state of the art “like new” Mid-Century building for Starbucks, Blaze Pizza and Bank of America ATM located on a primary corner with outstanding visibility and access. This is truly a one of a kind, pride of ownership building located in a supply constrained market. The building components were substantially upgraded to meet the demands of both Starbucks and Blaze Pizza. The tenants showed their commitment to the site by signing Ten year NNN leases both with increases in Year 6 and each option period. The Blaze lease includes percentage rent clause of 6% of sales over an unnatural break point. Located just a few short blocks from world renowned surf spots and within the main service corridor for nearly 20,000 UC Santa Cruz students. Mission Street (State Highway 1) has recently evolved into one of the most dynamic dining/shopping environments in Santa Cruz County.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
004-123-51-000
Land Assessment
$4,979,188
Improvements Assessment
$1,298,919
Total Assessment
$6,278,107
  • Listing ID: 13647302

  • Date on Market: 8/31/2018

  • Last Updated:

  • Address: 1901 Mission St, Santa Cruz, CA 95060

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