Seabright Shopping Center
Santa Cruz, CA Seabright

$10,800,000 USD

General Retail For Sale • 28,399 SF

3 Properties View all

Property Details

Property Type General Retail

46 Transit Score

92 Walk Score

                
                    Highlights
                
                                Established east Santa Cruz neighborhood center with good mix of daily needs, personal services, and dining, serving the needs of local community.
                            
                                Anchored by busy Ace Hardware store. Multi-unit operator. No immediate big box competition.
                            
                                Many long-term tenants with little turnover, and below market rents.
                            
                                Located within the desirable and densely populated Seabright neighborhood, with 57,000 residents within 2-miles.
                            
                                Located at prominent intersection that is the hub of the community and vibrant “Midtown” business district.
                            
                                The asset provides dependable cash flow with mostly NNN leases. The property has tremendous value-add and future redevelopment potential.