Ow Commercial | For Sale
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For Sale

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1911-1919 SOQUEL AVENUE, SANTA CRUZ, CA

This prime Santa Cruz investment opportunity features four separate land parcels totaling 50,962 square feet and three buildings totaling 15,447 square feet. The property is fully leased to seasoned tenants (Santa Cruz Auto Parts, SC Motors, and North Bay Ford) and offers a strong income stream and excellent future development potential due to the size and location of the property on a prime commercial corridor that the city has designated for increased density. Please call for additional details.

Asking Price: $5,387,000

1804 OCEAN STREET, SANTA CRUZ, CA

This modern, luxury townhome development project is a turnkey, pride-of-ownership asset in an extremely supply constrained, high-demand rental market.  The property offers investors a rare opportunity to acquire a trophy rental property in Santa Cruz that offers inflation protection and excellent long term appreciation potential.  The project features 11 thoughtfully designed townhomes that average 1,532sf, feature private garages, contemporary architecture, vaulted top floor ceilings, and private balconies.   Please call for additional details.

Asking Price: $8,600,000 – 4.5% Cap Rate based on projected market rents

280 MT. HERMON ROAD, SCOTTS VALLEY, CA

This undeveloped 2.64 acre land parcel enjoys an excellent location, with great visibility and access to the primary commercial thoroughfare (Mt. Hermon Road) in Scotts Valley, California. The property is ideally situated within walking distance to numerous amenities such as quality parks, golf courses, restaurants, and shopping boutique, and is primed for development. Scotts Valley offers residents and visitors a family friendly environment a mere 25 miles away from San Jose and it benefits from positive economic growth within Santa Cruz County as well as the explosive growth of the Silicon Valley and the entire Bay Area. Please call for additional details.

Asking Price: $3,285,000

4302 NW Mattox Road, Riverside (Kansas City MSA), MO

This is a brand new 15,983 square foot build-to-suit office and distribution facility, on 4.86 acres of land, for Frito-Lay. The property is extremely well located in the Horizons business park in Riverside, Missouri, which is in the Kansas City metro area, 12 miles south of the Kansas City International Airport and less than 9 miles from downtown Kansas City. Rolling Frito-Lay Sales, LP, a wholly owned subsidiary of Frito-Lay, Inc. and PepsiCo Inc., has signed a 10 year lease with two 5 year options and 10% rent increases every five years throughout the term. Please call for additional details.

Asking Price: $5,711,000 – 6.85% Cap Rate

OHLONE PARKWAY, WATSONVILLE, CA

Fully entitled 27 acre parcel within the Manabe Ow Business Park in Watsonville (Santa Cruz County), California. Largest developable parcel in the region that benefits from excellent visibility (located adjacent to Highway 1) and close proximity to Highways 1, 129, and 152. FedEx Ground built-to-suit to the north and primary infrastructure (road, utilities, etc.) serving the site in place. The property can be subdivided. Available for a build-to-suit or sale basis. Please call for additional details.

5900 BUTLER LANE, SCOTTS VALLEY, CA

This 35,321 square foot R&D building on a 2.33 acre land parcel is leased to a mix of seasoned tenants with varying lease terms. This is a rare opportunity for investors to acquire a quality, stabilized asset in Santa Cruz County with an attractive in-place cap rate and even greater upside through the lease-up of the one partially vacant space in the building.

Asking Price: $4,000,000 – 7.43% current cap rate, 8.78% proforma cap rate.

RAILROAD AVENUE, PAJARO, CA

10 acres of shovel ready industrial land in the Monterey Redevelopment District with easy access off Railroad Avenue and Allison Lane. The property can be subdivided. Please call for additional details.

OFF-MARKET FEDEX, WALGREENS, TRACTOR SUPPLY PROPERTIES, USA

These easily financeable net leased properties feature minimal management responsibilities and cost exposure and provide a strong and stable long term cash flow to savvy investors. These are great passive investments that are well matched for investors looking for “coupon clipper” type investments and low risk returns. Please call for availability and additional details.