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Investment Highlights

  • Anchored by Kaiser Permanente, a major medical services provider.
  • Diversified mix of medical, financial, and service-oriented tenants.
  • Positioned within an established retail and commercial trade area.
  • Located along Main Street, a primary retail corridor in Watsonville.
  • Convenient access to Highway 1, Highway 152, and South Green Valley Road.
  • Approximately $1,317,431 in annual gross income.

Executive Summary

Watsonville Crossroads Shopping Center presents the opportunity to acquire a multi-tenant neighborhood retail center located at 1895 Main Street in Watsonville, California. Positioned along Main Street, one of the area's primary commercial corridors, the property serves a broad customer base within South Santa Cruz County and benefits from convenient access to Highway 152, Highway 1, and South Green Valley Road. The center's location places it among established retail, medical, business, and service-oriented destinations that support daily consumer traffic and long-term tenant demand.
The property contains approximately 39,774 square feet on ±4.15 acres and is anchored by Kaiser Permanente, which occupies approximately 48.5% of the gross leasable area. Additional tenants include Western Dental, Mechanics Bank, State Farm, and other service-oriented users that contribute to a diversified tenant mix. This combination of medical, financial, and convenience-focused tenancy creates a stable operating environment supported by recurring customer visits and essential-service demand drivers.
Watsonville continues to serve as a commercial hub for the Pajaro Valley region, with connectivity to Santa Cruz, Monterey, Salinas, and the greater Monterey Bay area. The property's visibility along a major retail corridor, combined with nearby commercial centers and established consumer activity, supports ongoing tenant relevance and customer accessibility.
The center generates approximately $1,317,431 in annual gross income and offers investors an established income stream supported by long-term occupancy. With a strong anchor tenant presence, diversified tenancy, and a location within a supply-constrained coastal California market, Watsonville Crossroads Shopping Center offers a compelling retail investment opportunity with potential for future revenue growth through lease rollover and continued asset management.

Property Facts

Price $19,007,572 CAD
Price / SF $477.89 CAD / SF
Cap Rate 6.67%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 39,774 SF
Total Land Area 12.07 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1915-1961 Main Street, Watsonville, CA 95076 Office 25,607 SF 2017 -
1975-1985 Main St, Watsonville, CA 95076 Retail 8,249 SF 1989 -
1895-1897 Main St, Watsonville, CA 95076 Retail 5,918 SF 1989 -
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  • Listing ID: 41407105

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: Watsonville Crossroads Shopping Center, Watsonville, CA

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