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3065 Carriker Ln 5,000 SF Industrial Building Soquel, CA 95073 $1,700,000 ($340/SF) 5.11% Cap Rate
Executive Summary
Welcome to 3065 Carriker Lane, an exceptional investment opportunity featuring a 5,000 SF commercial building + yard space, currently occupied by West Fitness. Covering two parcels of land with a total of 14,201 sf.
Situated in a convenient and accessible location, this property is ideal for investors seeking a stable, income-producing asset or for an end user willing to wait to control a Mid-County warehouse.
Property Highlights:
Building Size: 5,000 SF
Current Tenant: West Fitness
Lease Expiration: October 31, 2027
Renewal Option: Tenant holds (1) remaining 3-year option to renew
Features: Includes multiple functional roll-up doors for ease of access and operations.
This property offers reliable rental income from a well-established tenant in the health and fitness industry. With several years remaining on the lease and a built-in renewal option, it provides both stability and future flexibility. The combination of its versatile layout and sought-after location makes it an excellent choice for any investor looking to add a turnkey commercial asset to their portfolio.
Situated in a convenient and accessible location, this property is ideal for investors seeking a stable, income-producing asset or for an end user willing to wait to control a Mid-County warehouse.
Property Highlights:
Building Size: 5,000 SF
Current Tenant: West Fitness
Lease Expiration: October 31, 2027
Renewal Option: Tenant holds (1) remaining 3-year option to renew
Features: Includes multiple functional roll-up doors for ease of access and operations.
This property offers reliable rental income from a well-established tenant in the health and fitness industry. With several years remaining on the lease and a built-in renewal option, it provides both stability and future flexibility. The combination of its versatile layout and sought-after location makes it an excellent choice for any investor looking to add a turnkey commercial asset to their portfolio.
Property Facts Under Contract
| Price | $1,700,000 | Rentable Building Area | 5,000 SF |
| Price Per SF | $340 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1966 |
| Cap Rate | 5.11% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.31 AC | ||
| Zoning | C-4 - Commercial Services | ||
| Price | $1,700,000 |
| Price Per SF | $340 |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.31 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-4 - Commercial Services |
Amenities
- Yard
1 1
Bike Score®
Very Bikeable (80)
Property Taxes
| Parcel Numbers | Improvements Assessment | $260,100 | |
| Land Assessment | $1,165,248 | Total Assessment | $1,425,348 |
Property Taxes
Parcel Numbers
Land Assessment
$1,165,248
Improvements Assessment
$260,100
Total Assessment
$1,425,348
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3065 Carriker Ln
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