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620 Water St
5,120 - 15,480 SF of Retail Space Available in Santa Cruz, CA 95060
Highlights
- Pylon signage available for tenant(s).
- Ample on-site parking.
- Call Listing Agent for further questions.
- Highly visible location.
- The building boasts substantial electrical power @ 1200A 3ph 208V.
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 10,360 SF | Negotiable | £23.47 /SF/PA £1.96 /SF/MO £252.67 /m²/PA £21.06 /m²/MO £243,185 /PA £20,265 /MO | Triple Net | ||
| 1st Floor | 5,120 SF | Negotiable | £23.47 /SF/PA £1.96 /SF/MO £252.67 /m²/PA £21.06 /m²/MO £120,184 /PA £10,015 /MO | Triple Net |
1st Floor
±10,360 SF is under lease to Santa Cruz Athletic Club. The lease expires on May 31, 2027. The Tenant will be opening the new location in 2025. Landlord will allow Tenant the opportunity to terminate its lease early providing Landlord locates an acceptable replacement tenant to occupy the entire building now.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 15,480 SF of adjacent space
- Signage available.
- Ample on site parking.
1st Floor
±5,120 SF of vacant retail space, currently in shell condition.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 15,480 SF of adjacent space
- Signage available.
- Ample on site parking.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 620 Water St , Santa Cruz, CA 95060
| Property Type | Retail | Year Built | 1969 |
| Property Subtype | Freestanding | Parking Ratio | 4.13/1,000 SF |
| Gross Internal Area | 15,480 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 15,480 SF |
| Year Built | 1969 |
| Parking Ratio | 4.13/1,000 SF |
About the Property
This is a stand-alone single-story building with excellent on-site parking. The building boasts substantial electrical power @ 1200A 3ph 208V. This is rare for buildings of this size, especially buildings in CC zoning. A ±5,120 portion of the building is vacant, currently in shell condition. The balance of the building (±10,360 SF) is under lease to Santa Cruz Athletic Club. The lease expires on May 31, 2027. The Tenant has leased a larger location at 901 Soquel Avenue, next to Whole Foods Market, and will be opening the new location in 2025. Landlord will allow Tenant the opportunity to terminate its lease early providing Landlord locates an acceptable replacement tenant to occupy the entire building now. Call Listing Agent for further questions.
- Corner Lot
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
620 Water St
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