8040-8042 Soquel Dr

8040-8042 Soquel Dr , Aptos, California, 95003 | 4,478 sq.f | $ 1,400,000

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About This Restaurant

Investment Highlights

Iconic Aptos Village Property Directly Across From Aptos Village Development Excellent Visibility and Traffic Counts Adjacent Property 8044-8046 Soquel Dr. Also For Sale Mix of Restaurant, Retail, Office and Storage Leases with CPI Increases

Executive Summary

Shoemaker Commercial Real Estate, Inc. proudly presents an iconic mixed-use building, located at 8040-8042 Soquel Drive, in the heart of the Aptos Village. The property is a short drive from the Pacific Ocean, Rio Del Mar Beach and Seascape Beach Resort. It is walking distance to Nisene Marks State Park. 8040-8042 Soquel Drive is 4,478 Sq. Ft. with excellent visibility and traffic counts. There are five tenants on leases with annual increases based on the Consumer Price Index. All leases go to Market Rate at the options. Caf? Sparrow, a long-term tenant, anchors the building. Sparrow is joined by Gravity Saddlemaker, Calicostal Boutique, Allstate Insurance, and a storage space. There are many other restaurants and retailers in close walking distance including New Leaf Market, Starbucks, O?Neill Surf Shop, Mentone, Parrish Public House, and Aptos St. Barbeque. The building sits directly across Soquel Drive from the 11.5 Acre Aptos Village. Phase I of the Aptos Village project is complete and Phase II construction is underway.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Storefront Retail/Office Office Office Live Work Unit Restaurant
  • Building Size    4,478
  • Building Class    B
  • Year Built    1895
  • Price    1,400,000
  • Price Per SF    313
  • Percent Leased    55
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.93
  • Land Acres    0.11 AC

Amenities

  • Signage

Nearby Amenities & Transportation

Retail Starbucks
Retail New Leaf Community Markets
Retail Comerica
Retail Safeway
Retail U.S. Bank
Retail Anytime Fitness
Retail Erik?s DeliCaf?
Retail Peet's Coffee
Retail Chase
Retail Bank of America Mortgage

Property Taxes

Parcel Number 041-042-02-000 Improvements Assessment $405,843
Land Assessment $421,761 Total Assessment $827,604
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 8040-8042 Soquel Dr , Aptos, California, 95003