West Park Office Building | 13350 W Park Ave
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West Park Office Building 13350 W Park Ave
4,465 SF 100% Leased Office Building Boulder Creek, CA 95006 $1,295,000 ($290/SF) 4.63% Cap Rate
Investment Highlights
- Exceptional Condition and Prime Location
- Updated HVAC and Fire Sprinkler System, Inspected and Approved
- Newer Roof and Newer Painted
- Security Camaras Interior and exterior
Executive Summary
Infiniti Real Estate is delighted to present a stunning, fully leased, freestanding office building located at 13350 W. Park Ave in the charming town of Boulder Creek, Santa Cruz County. Situated on Highway 9, adjacent to the fire department and directly across from the Boulder Creek Library, this well-maintained property offers both convenience and appeal.
The building features 8 office spaces, 2 common-area bathrooms, 9 open parking spaces at the rear of the property, and a beautifully landscaped atrium courtyard with a central fountain.
The building is currently 100% leased to five reliable tenants, occupying all 8 office spaces. Annual rent increases are in place, ensuring consistent growth and long-term stability.
With its exceptional condition, prime location, and stable tenant base, this property presents an ideal investment opportunity for those seeking a low-maintenance and income-generating asset in the desirable Boulder Creek area.
The building features 8 office spaces, 2 common-area bathrooms, 9 open parking spaces at the rear of the property, and a beautifully landscaped atrium courtyard with a central fountain.
The building is currently 100% leased to five reliable tenants, occupying all 8 office spaces. Annual rent increases are in place, ensuring consistent growth and long-term stability.
With its exceptional condition, prime location, and stable tenant base, this property presents an ideal investment opportunity for those seeking a low-maintenance and income-generating asset in the desirable Boulder Creek area.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
4,465 SF
Building Class
C
Year Built
1991
Price
$1,295,000
Price Per SF
$290
Cap Rate
4.63%
NOI
$59,959
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,233 SF
Slab To Slab
8’
Building FAR
0.26
Lot Size
0.39 AC
Zoning
PA - Professional and Administrative Offices
Parking
16 Spaces (3.58 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 082-221-52-000 | Total Assessment | $953,700 (2023) |
| Land Assessment | $572,220 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $381,480 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
082-221-52-000
Land Assessment
$572,220 (2023)
Improvements Assessment
$381,480 (2023)
Total Assessment
$953,700 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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West Park Office Building | 13350 W Park Ave
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