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HIRSCH AND ASSOCIATES 4375 Capitola Road Capitola, CA 95010 PHONE: (831) 476-8194 FAX: (831) 477-0351 Visit us at: www.hirschandassociates.com Ron Hirsch rhirsch@hirschandassociates.com Carl Blanke carl@carlblanke.com Joe Appenrodt appenrodt1@aol.com Tom Stelling tom@tomstelling.com Chris Shoemaker chris@hirschandassociates.com Properties for Sale or Lease July 2008 FOR SALE LOCATION LIST PRICE $3,750,000 SQUARE FEET AVAILABLE MINIMUM PARCEL SIZE SQ.FT./ ACRES ZONING COMMENTS LISTING BROKER Carl x 31 7401 Sandholdt Road Moss Landing 6,500 4.5 +/Acres L1 (CZ) An Extremely Unique Opportunity. The last parcel on the island in Moss Landing. Ready for development – industrial, hotel, restaurant, etc. 515 3 rd St Santa Cruz NEW $1,769,000 5,349 9,300 RTC 12 Unit Apartment Complex. Great location on Beach Hill. 2 blocks to Main Beach attractions and Santa Cruz Beach Boardwalk. Most units have nice view of city. Excellent income producer. Excellent condition. 7 garages. Pride of ownership building is fully leased in excellent downtown location. Tom x 38 115 Cooper St/805 Front St Santa Cruz NEW $2,600,000 12,000 ± 4,356 CBD/H/FP Ron x 36 Information provided above, although believed accurate, should be independently verified by Buyers and other interested parties before making a final decision to lease or purchase a property. Although information has been provided by sources deemed generally reliable, Hirsch and Associates cannot warranty its accuracy. Revised 7/2/2008 1:03 PM LOCATION LIST PRICE $1,175,000 SQUARE FEET AVAILABLE MINIMUM PARCEL SIZE SQ.FT./ ACRES ZONING COMMENTS LISTING BROKER Tom x38 2232 Mission St Santa Cruz 11,548 Gross +/- 10,240 CC Approved 11 Unit Condominium Project. 9ea. Residential and 2 ea. Retail/Office. Located on Mission St. (Hwy 1), near UCSC. Call for add’l information Fully leased condo in downtown Santa Cruz. Single NNN tenant 201 River St Santa Cruz $1,795,000 5,900 20,636 ± CBD Ron x 36 2202-2280 Soquel Ave Santa Cruz $3,290,000 14,700 1.48 Acres C4 Fully leased center with easy access from Hwy 1 and other major thoroughfares. Ron x 36 4340A Scotts Valley Drive Scotts Valley $321,000 918 CS Office Condo in conveniently located area of Scotts Valley Drive. Excellent access and parking Ron x 36 3020 Prather Lane Soquel $944,681 3,100 7,405 PA ALL PURE WATER STORE. Single story building just ½ block off Soquel Drive. Real Estate: $744,681 Business: $200,000 Excellent upside potential Ron x 36 201 Pacifica Blvd Watsonville $1,775,000 26,546 41,715 CT Proposed 23 unit apartment development. Centrally located, final map recorded, building permits ready for pick-up. Ron x 36 1 S. Green Valley Rd Watsonville PRICE REDUCED $990,000 2400± 17,206± R1 Real Estate Opportunity - Gas Station/Convenience Store. Excellent location on Green Valley Rd near Freedom Blvd. Seller motivated. Will finance for qualified buyer. Excellent upside potential. Ron x 36 Information provided above, although believed accurate, should be independently verified by Buyers and other interested parties before making a final decision to lease or purchase a property. Although information has been provided by sources deemed generally reliable, Hirsch and Associates cannot warranty its accuracy. Revised 7/2/2008 1:03 PM. 25 Sakata Watsonville From $255/sq. ft. 1,880170,000 9.3 acres IG For Sale or For Lease – New Industrial condominium units from 1,880 to 170,000sq ft. Carl x 31 375 Technology Dr Watsonville $695,000 1+ acre IP Hard to find one buildable acre with plans for 16,000 sq ft building in Airport Area zoned IP. Carl x 31 FOR LEASE LOCATION LEASE RATE $2.95 NNN SQ. FT AVAILABLE MINIMUM PARCEL SIZE SQ.FT. ACRES ZONING COMMENTS LISTING BROKER Joe x 32 7775 Soquel Drive Aptos 2,783 C1 Prime retail/office space (great for medical or financial business) across from the main entrance to Safeway in Rancho Del Mar Shopping Center 1917 Mission St. Santa Cruz $2.50 NNN 1,400 19,601 CC Prime Mission St. Restaurant space for sublease. High visibility and plenty of parking. Close to Safeway and UCSC Great Warehouse/Manufacturing Space next to New Leaf Grocery Store and Kelly’s Bakery. Bonny Doon Winery property. Avail. Aug 2008 Chris x 34 328-334 Ingalls Street Santa Cruz From $.80 NNN Up to 10,000 Divisible to 2,400 IG Joe x 32 54 Penny Lane Watsonville NEW $1.40 Gross 476 CO Class A Penny Lane Office Suite available now. Carl x 31 850 Freedom Blvd Watsonville $1.45 NNN 4,939± 11,326 CN Prime Medical/Professional Office Building. Great location on main North/South Watsonville street. Lease or lease with option to buy. Tom x 38 Information provided above, although believed accurate, should be independently verified by Buyers and other interested parties before making a final decision to lease or purchase a property. Although information has been provided by sources deemed generally reliable, Hirsch and Associates cannot warranty its accuracy. Revised 7/2/2008 1:03 PM. 25 Sakata Watsonville NEG. 1,880 – 170,000 9.3 acres IG For Sale or For Lease - New Industrial condominium units from 1,880 to 170,000sq ft. Carl x 31 28 2 nd St @ Rodriguez Watsonville 880 West Beach Rd Watsonville $1.95-$2.50 NNN $.49 Gross 20,000 500 14,800± NA CC New Class A building downtown across from new Court House. 10,000sf retail + 10,000sf office. Avail Spring 2008 Warehouse in Watsonville’s industrial West side Carl x 31 or Chris x 34 Carl x 31 -- IG 195 Aviation Way Watsonvi lle $0.95 NNN 1,843 IP Class “A” Office Space at Airport – One 1,843 sq. ft. suite available Carl x 31 or Chris x 34 315 Main St Watsonville $ .85 -$1.65 Gross 9,330 470 CC Class “A” Office Space available now across from new Court House and City Plaza. Carl x 31 or Chris x 34 PROPERTIES SOLD OR LEASED Coast Commercial Bank 7775 Soquel Dr Aptos SOLD $1,425,000 2,783 C1 Prime retail/office space. Across from the main entrance to Safeway in the Rancho Del Mar Shopping Center Prime retail location on Soquel Dr. Directly across from Safeway and Rancho Del Mar Center. PRIDE OF OWNERSHIP! 12 units- 11 townhouse style units plus a 3 BR/2 BA home. Most units recently renovated. Excellent location near Cabrillo College One block from beach, 4 Commercial Tenants 5 Residential Units including, 3/2 Townhouse with ocean view from deck - ideal vacation home Ron x 36 Selling Broker Chris x 34 7735 Soquel Dr Aptos LEASED $2,800 Gross 1,100± PA Apartments – 12 units 6010-6034 Soquel Dr Aptos SOLD $2,911,000 12,600± .89 AC RM Tom x 38 251-255 Center St Aptos SOLD $1,695,000 5,500 Joe x 32 Information provided above, although believed accurate, should be independently verified by Buyers and other interested parties before making a final decision to lease or purchase a property. Although information has been provided by sources deemed generally reliable, Hirsch and Associates cannot warranty its accuracy. Revised 7/2/2008 1:03 PM. Aptos Village 8037 Soquel Dr. Aptos LEASED $4,000 mo 1,200 23,500 Great Lease op in Aptos! Includes 12,000 sf fenced yard and 20 parking spaces! Next to Bayview Hotel. Joe x 32 Ocean View Restaurant Aptos SOLD $750,000 4,000± 6,000± C-1 120 San Jose Ave Capitola LEASED 3.25/sq. ft. 600± CV EXCELLENT Beachfront property with room for expansion. This award winning business has been a favorite in Santa Cruz County for 27 years Outstanding Capitola Village retail store. Fully renovated, great location in the heart of Capitola Village Prime Retail, New Construction in Capitola Village! Available February 2007 Joe x 32 Tom x 38 112 Capitola Ave. Capitola LEASED $3.80/sq ft NNN $1,750,000 -- 1,067 Tom x 38 120-126 San Jose Avenue Capitola SOLD 4,700+ 2,528+ CV 145 & 201 San Benito Hollister SOLD 2,630,000 28,950 .85 acres C2-S Capitola Village! Great corner location with commercial ground floor and 6 apts. on the second floor. Premier retail location in village. Multi Tenant Industrial building with excellent visibility in downtwon Hollister Single tenant Investment building leased to Bureau of Land Management Commercial - Outstanding development potential. Great Leasing opportunities. Great location! Mixed use restaurant, retail, apartment complex. Total of 8 commercial units and 7 apartments. Sale subject to court confirmation and overbid procedures. 6.2 cap Includes 1,650sf house/office, Butler building, storage containers and excess yard space. Can be combined with Parcel B Classic Victorian 4-plex located in the heart of Santa Cruz. Major renovations completed. Excellent rental history, separate meters. Includes 2,400sf 2-story office building and excess yard space. Prime Retail, across from Dominican Hospital. Great visibility with high traffic counts. Available 9/1/07 Joe x 32 20 Hamilton Hollister SOLD $1,030,000 6,350 .80 acres M-1-S Highway 1 & Dolan Road, Moss Landing SOLD $8,000,000 negotiable 300,000+ 300,000+ 21,356 200+ acres 1.62 Acres HI (CZ) Chris x 34 Selling Broker Chris x 34 Selling Broker Carl x 31 Opal Cliffs Center 800-840 41 st Ave 4105-4145 Portola Dr Santa Cruz SOLD $7,088,000 C2 and PA Ron x 36 1211 Fair Ave. Parcel A Santa Cruz LEASED $4,272/mo 10,864 Joe x 32 516 Chestnut Street Santa Cruz SOLD $1,250,000 3,150 5,379 RL Tom x 38 1211 Fair Ave Parcel B Santa Cruz LEASED 4,100/mo 11,303 Joe x 32 1664 Soquel Dr Suite A Santa Cruz LEASED $2,760/mo NNN 1,684 CC Joe x 32 Information provided above, although believed accurate, should be independently verified by Buyers and other interested parties before making a final decision to lease or purchase a property. Although information has been provided by sources deemed generally reliable, Hirsch and Associates cannot warranty its accuracy. Revised 7/2/2008 1:03 PM. 1664 Soquel Dr Suite B Santa Cruz LEASED $1,300/mo NNN $1,189,000 650 CC Prime Retail, across from Dominican Hospital. Can be combined with above property. Excellent Seabright Location. 4-plex. Single story building with 2bdrm/1bath units, 3 garages, 1 carport Pride of ownership. Very well maintained apartment complex. Close to the beach and Boardwalk , yet on a quiet street. Very stable tenant history. 5.68CAP! Highly visible freestanding Class “A” office building. Easy access to Hwy 1 and downtown Condominium Development - 16 Townhouse Units Located near Broadway, three buildings and 24 parking spaces. Final Map recorded. Bonny Doon Winery Property. Real Estate only. Joe x32 222 Gault Street Santa Cruz SOLD 3,538 12,196 R-2 Ron x 36 Apartments – 11 units 120 Trinity St -Santa Cruz SOLD $1,649,000 4,900± 11,674± R-5 Tom x 38 320 River St Santa Cruz LEASED $1.85 Gross 1,650 +/- 7,690+/- Chris x 34 132 Clay Street Santa Cruz SOLD $2,100,000 16,692± 19,496± RM/CZ/FP Ron x 36 Ron x 36 334 Ingalls St/1101 Fair Ave SOLD $5,500,000 52,390± 3.5 acres C-2 112 & 114 Raymond St. Santa Cruz SOLD $699,000 2,130± 4,000± Duplex - Residential units 2BR/1BA. Steps to the beach and boardwalk. Great rental history PRIDE OF OWNERSHIP PROPERTY! Excellent location near Dominican Hospital 3 Triplexes, & 1 Duplex – Separate Tax Parcel Tom x 38 Apartments – 11 units 3381-3401 Mission Dr. Santa Cruz SOLD $3,200,000 Ron x 36 Apartment Complex Ocean St. Santa Cruz SOLD $2,600,000 10,000± 35,900± Confidentiality Agreement required. 13 units, including freestanding home. Some units being completely renovated. High visibility location. RM-4 RARE Warehouse (2,300 sf), Office (1,900 sf), covered storage (3500 sf) on large lot. Great carrier for development project!! 17 UNITS-Great location adjacent to Santa Cruz Beach Boardwalk. Very Stable occupancy and rental history. In the heart of Watsonville’s General Industrial Zone. Minutes to Hwy 1. Within Enterprise Zone and Redevelopment Project Area. Beautiful Park of 96 spaces in college town. Well maintained, includes convenience store and 2 apts. Tom x 38 2264 Chanticleer Ave Santa Cruz SOLD $1,550,000 See comments -5,800+ 29,577± Joe x 32 108 2 ND Street Santa Cruz, CA SOLD $1,500,000 14,000+ RTB Tom x 38 825 Walker St Watsonville LEASED $4,000/mo Gross $0.67/sf /mo Gross $3,250,000 6,000± IG Chris x 34 Corvallis Mobile Home Park Corvallis, Oregon SOLD Ron x 36 Information provided above, although believed accurate, should be independently verified by Buyers and other interested parties before making a final decision to lease or purchase a property. Although information has been provided by sources deemed generally reliable, Hirsch and Associates cannot warranty its accuracy. Revised 7/2/2008 1:03 PM.