CAPITOLA STOREFRONT RETAIL 21 Capitola Ave & 121 San Jose Ave Capitola, CA 951 William Harrigan, Broker/Assoc. Intero Commercial (48) 8288249 bharrigan@interocommercial.com
PROPERTY DESCRIPTION Capitola Storefront Retail 21 Capitola Ave & 121 San Jose Ave Capitola, CA 951 Premier Location in Capitola 5,+ s.f. with apartment This retail storefront property has two separate retail addresses known as: 1. Thomas Kinkade Art Gallery 2. The Village Mouse This amazing property has 22 foot ceilings in the main building, an office, shipping & receiving area and a townhouse style apartment unit with a spiral staircase, access to a rooftop deck area and a private courtyard style patio. (shell form) The Thomas Kinkade Art Gallery is in a separate building connected by a breezeway. The main building provides access to a one bedroom, one bath residential unit with a very large great room that opens to a private courtyard patio. The patio also has access through a common alley to the sidewalk on Capitola Avenue. The current owners have enjoyed this fabulous location in Capitola for 3+ years running and operating these two family owned businesses. They have now decided to retire and plan to close both businesses by the end of 218. This rare property is now for sale and shall be sold in its present condition and vacant. Pricing has been established based upon cost per square foot using resent comparable sales in downtown Capitola. The owners would like to look at all offers. William Harrigan, Broker/Assoc. Intero Commercial (48) 8288249 bharrigan@interocommercial.com Page 2
PROPERTY PHOTOS Capitola Storefront Retail 21 Capitola Ave & 121 San Jose Ave Capitola, CA 951 Front Thomas Kinkade Entrance Kinkade Art Gallery Village Mouse Interior Patio Aerial William Harrigan, Broker/Assoc. Intero Commercial (48) 8288249 bharrigan@interocommercial.com Page 3
LOCATION MAP Capitola Storefront Retail 21 Capitola Ave & 121 San Jose Ave Capitola, CA 951 William Harrigan, Broker/Assoc. Intero Commercial (48) 8288249 bharrigan@interocommercial.com Page 4
REGIONAL MAP Capitola Storefront Retail 21 Capitola Ave & 121 San Jose Ave Capitola, CA 951 William Harrigan, Broker/Assoc. Intero Commercial (48) 8288249 bharrigan@interocommercial.com Page 5
S E C T I O N I S o l d C o m p a r a b l e s
1 Address City Property Info Sale Info 11 Capitola Ave Capitola 1,536 SF General Retail/Storefront Under Contract: w/asking Price of $1,175, ($764.97/SF) 2 41 Capitola Ave Capitola 1,115 SF General Retail/Storefront For Sale: $1,299, ($1,165.2/SF) Retail/Office 3 21 Esplanade Capitola 3,574 SF General For Sale: $2,5, ($699.5/SF) Retail/Restaurant 4 215 Esplanade Capitola 4,4 SF General For Sale: $6,5, ($1,477.27/SF) Retail/Restaurant 5 27 Monterey Ave Capitola 4,272 SF General Retail/Storefront Sold: $3,, ($72.25/SF) Retail/Residential 6 12126 San Jose Ave Capitola 4,678 SF General Retail/Storefront Sold: $3,15, ($673.36/SF) Retail/Residential 7 28 San Jose Ave Capitola 1,836 SF General Retail/Storefront Sold: $1,125, ($612.75/SF) Retail/Residential 8 17 Stockton Ave Capitola 1,16 SF General Sold: $1,35, ($1,163.79/SF) Retail/Freestanding Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 1
Quick Stats Report Comps Statistics Low Average Median High Count Price For Sale & UC/Pending $1,175, $2,868,5 $1,899,5 $6,5, 4 Sold Transactions $1,125, $2,156,25 $2,175, $3,15, 4 Center Size For Sale & UC/Pending Sold Transactions 1,115 SF 1,16 SF 2,656 SF 2,986 SF 2,555 SF 3,54 SF 4,4 SF 4,678 SF 4 4 Price per SF For Sale & UC/Pending Sold Transactions $699.5 $612.75 $1,79.91 $722. $965. $687.81 $1,477.27 $1,163.79 4 4 Actual Cap Rate For Sale & UC/Pending Sold Transactions Days on Market For Sale & UC/Pending Sold Transactions Sale Price to Asking Price Ratio 5.6% 36 579 5.6% 142 579 5.6% 148 579 5.6% 238 579 1 4 1 Sold Transactions 95.6% 95.6% 95.6% 95.6% 1 Totals For Sale & UC/Pending Asking Price Total: $11,474, Total For Sale Transactions: 4 Sold Transactions Total Sales Volume: $8,625, Total Sales Transactions: 4 Total Included in Analysis: $2,99, Total Included in Analysis: 8 Survey Criteria basic criteria: Type of Property Retail; Property Size 5 5, SF; Sale Date from 1/1/215; Sale Status Under Contract/Pending, Sold, For Sale; Return and Search on Portfolio Sales as Individual Properties Yes geography criteria: Geography User Defined Polygon Search Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 2
Trend Report Dollar Volume # of Transactions Cap Rate Average Price Per SF Legend: Current Survey Sold Transactions Time Interval Quarterly Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate Survey Criteria Report Time Frame: 7/1/216 7/25/218 Sale Date: from 1/1/215 Sold Transactions 4 $8,625, 11,946.19 8,276 $2,156,25 2,987 $722. $687.81.5 2,69 5.6% For Sale & UC/Pending 4 $11,474, 1,625.17 7,362 $2,868,5 2,656 $1,79.91 $965..6 2,454 basic criteria: Type of Property Retail; Property Size 5 5, SF; Sale Date from 1/1/215; Sale Status Under Contract/Pending, Sold, For Sale; Return and Search on Portfolio Sales as Individual Properties Yes geography criteria: Geography User Defined Polygon Search Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 3
Trend Report 3Q16 7/19/3/16 3Q16 7/19/3/16 4Q16 1/112/31/16 4Q16 1/112/31/16 Sold Transaction For Sale & UC/Pending Sold Transaction For Sale & UC/Pending Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 1 $3,, 4,272.5 2,178 $3,, 4,272 $72.25 $72.25.5 2,178 $ 1 $1,35, 1,16.3 1,37 $1,35, 1,16 $1,163.79 $1,163.79.3 1,37 $ 2Q17 4/16/3/17 2Q17 4/16/3/17 3Q17 7/19/3/17 3Q17 7/19/3/17 Sold Transaction For Sale & UC/Pending Sold Transaction For Sale & UC/Pending Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 1 $3,15, 4,678.6 2,614 $3,15, 4,678 $673.36 $673.36.6 2,614 5.6% $ 1 $1,125, 1,836.5 2,178 $1,125, 1,836 $612.75 $612.75.5 2,178 $ 3Q18 7/19/3/18 3Q18 7/17/25/18 Sold Transaction For Sale & UC/Pending Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate $ 4 $11,474, 1,625.17 7,362 $2,868,5 2,656 $1,79.91 $965..6 2,454 Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 4
1 17 Stockton Ave Capitola, CA 951 Sale on 1/14/216 for $1,35, ($1,163.79/SF) Research Complete 1,16 SF Retail Freestanding Building Built in 198, Renov 21 SOLD Buyer & Seller Contact Info Recorded Buyer: Duclos Trust Recorded Seller: Patrick A Kearns True Buyer: Duclos Trust Tim Duclos Carolyn Duclos 1 Spring St Los Gatos, CA 953 (48) 425656 True Seller: Patrick A Kearns Deborah Hartman 71 Ocean St Santa Cruz, CA 956 Buyer Type: Trust Seller Type: Individual Buyer Broker: Sereno Group Listing Broker: Coastal Life Real Estate Travis Bertelsen (48) 33514 Transaction Details Leilani Williams (831) 3457912 ID: 3741418 Sale Date: Escrow Length: 1/14/216 3 days Sale Price: $1,35,Confirmed Asking Price: Price/SF: $1,163.79 Price/SF Land Gross: $1,33.6 Sale Type: Bldg Type: Year Built/Age: GLA: Land Area: Owner/User Retail Freestanding Built in 198, Renov 21 Age: 36 1,16 SF.3 AC (1,37 SF) Percent Leased: Tenancy: Single Sale Conditions: Estate/Probate Sale Transfer Tax: $1,485 No. of Tenants: 1 Tenants at time of sale: Dogmatic Fine Arts Financing: Down payment of $1,35,. (1.%) Percent Improved: 67.4% Total Value Assessed: Improved Value Assessed Land Value Assessed: $464,18 in 216 $312,838 $151,342 Land Assessed/SF: $115. Spacer Legal Desc: Por lots 4546, all of lot B, Blk 5, Capitola Sub No.6, Bk 18, Pg 36. Parcel No: 351731 Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 5
17 Stockton Ave SOLD 1,16 SF Retail Freestanding Building Built in 198, Renov 21 (con't) Document No: 39878 Spacer Transaction Notes This transaction represents the sale of a mixeduse building, which is a combination of residential & commercial. Upstairs is approximately 83 square feet of residential space and downstairs is 33 square foot commercial space with half bath. The asset was purchased by Tim and Carolyn Duclos from Patrick Kearns for $1.35M. The commercial space is vacant and there are no plans on how the space will be used. Income Expense Data Expenses Taxes Operating Expenses Total Expenses $5,545 $5,545 Current Retail Information ID: 5496829 Property Type: Retail Freestanding Center: Bldg Status: Owner Type: Built in 198, Renov 21 Trust Zoning: Owner Occupied: No GLA: 1,16 SF Total Avail: % Leased: SF 1.% Bldg Vacant: SF Land Area: 1,37 SF Lot Dimensions: Building FAR:.89 Rent/SF/mo: No. of Stores: CAM: Spacer Expenses: Parking: Metro Market: Submarket: County: CBSA: CSA: DMA: 217 Tax @ $12.9/sf 5 Surface Spaces are available Location Information Santa Cruz/Watsonville MidCounty/MidCounty Santa Cruz Santa CruzWatsonville, CA San JoseSan FranciscoOakland, CA MontereySalinas, CA Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 6
17 Stockton Ave SOLD 1,16 SF Retail Freestanding Building Built in 198, Renov 21 (con't) Parcel Number: 351731 Legal Description: County: Santa Cruz Plat Map: 17 Stockton Ave Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 7
2 27 Monterey Ave Capitola, CA 951 Sale on 8/9/216 for $3,, ($72.25/SF) Research Complete 4,272 SF Retail Storefront Retail/Residential Building Built in Feb 27 SOLD Buyer & Seller Contact Info Recorded Buyer: John P Mc Enery Recorded Seller: Gi 112 Capitola & 27 Monterey True Buyer: 87 North San Pedro Partners John McEnery 777 N 1st St San Jose, CA 95112 (48) 295661 True Seller: Gummow Investments Todd Gummow 683 N King Rd San Jose, CA 95133 (48) 272527 Seller Type: Individual Sale Date: Escrow Length: 8/9/216 Sale Price: $3,,Full Value Asking Price: Price/SF: $72.25 Price/SF Land Gross: $1,377.41 Transaction Details Sale Type: Bldg Type: Year Built/Age: GLA: Land Area: ID: 3689578 Owner/User Retail Storefront Retail/Residential Built in Feb 27 Age: 9 4,272 SF.5 AC (2,178 SF) Percent Leased: Tenancy: Multi No. of Tenants: 2 Tenants at time of sale: Stella Mitchelle; Whitney Fushion Financing: Down payment of $3,,. (1.%) Percent Improved: 88.6% Total Value Assessed: Improved Value Assessed Land Value Assessed: Legal Desc: Condominium Units 13 Bk61 Pg2 No. 2161994 Parcel No: 353911 Document No: 29122 Land Assessed/SF: $21. Spacer $42,224 in 215 $356,291 $45,933 Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 8
27 Monterey Ave SOLD 4,272 SF Retail Storefront Retail/Residential Building Built in Feb 27 (con't) Sale History: Sold for $3,, ($72.25/SF) on 8/9/216 Sold on 11/13/215 Sold on 12/1/214 Sold on 11/12/213 Sold on 9/2/211 Spacer Transaction Notes Public record shows that this property sold on August 9, 216 for $3,,. Multiple attempts were made to reach each party in the transaction, but there were no reponses. We were unable to determine the amount of down payment used, if any, in this transaction. All information is based on public record. Expenses Income Expense Data Taxes Operating Expenses Total Expenses $2,378 $2,378 Current Retail Information ID: 552168 Property Type: Retail Storefront Retail/Residential Center: Bldg Status: Owner Type: Built in Feb 27 Zoning: CV Owner Occupied: No GLA: 4,272 SF Total Avail: % Leased: SF 1.% Bldg Vacant: SF Land Area: 2,178 SF Lot Dimensions: Building FAR: 1.96 Rent/SF/mo: No. of Stores: CAM: Spacer Street Frontage: Property Mix: Expenses: Metro Market: Submarket: County: CBSA: CSA: DMA: 22 feet on Monterey Ave (with curb cut) General Retail MultiFamily 1,694 SF 217 Tax @ $.67/sf; 21 Ops @ $3.52/sf Santa Cruz/Watsonville MidCounty/MidCounty Santa Cruz Santa CruzWatsonville, CA San JoseSan FranciscoOakland, CA MontereySalinas, CA (5.%) (5.%) Location Information Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 9
27 Monterey Ave SOLD 4,272 SF Retail Storefront Retail/Residential Building Built in Feb 27 (con't) Parcel Number: 353911 Legal Description: County: Santa Cruz Plat Map: 27 Monterey Ave Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 1
3 12126 San Jose Ave Capitola, CA 951 Sale on 6/21/217 for $3,15, ($673.36/SF) Research Complete 4,678 SF Retail Storefront Retail/Residential Building Built in 189 SOLD Buyer & Seller Contact Info Recorded Buyer: San Jose Ave Apartments LLC Recorded Seller: Michael G. Salinas & Lawrence P. Ramirez True Buyer: Khosrow Haghshenas Khosrow Hashshenas 2 Lee Rd Watsonville, CA 9576 (831) 724663 True Seller: Michael G. Salinas & Lawrence P. Ramirez Michael Salinas Lawrence Ramirez PO Box 28 Gilroy, CA 9521 (48) 9711119 Buyer Type: Individual Seller Type: Individual Listing Broker: Intero Real Estate Services, Inc. Gwen Gummow (48) 35757 Sale Date: Escrow Length: 6/21/217 (579 days on market) 6 days Sale Price: $3,15,Confirmed Asking Price: $3,295, Price/SF: $673.36 Price/SF Land Gross: $1,25.23 Transaction Details Sale Type: Bldg Type: Year Built/Age: GLA: Land Area: ID: 394611 Investment Retail Storefront Retail/Residential Built in 189 Age: 127 4,678 SF.6 AC (2,614 SF) Percent Leased: 1.% Tenancy: Multi Actual Cap Rate: 5.6% No. of Tenants: 2 Tenants at time of sale: Sweet Asylum; Zen Island Financing: Down payment of $1,5,. (47.6%) $2,,. from Presidio Bank Percent Improved: 33.3% Total Value Assessed: Improved Value Assessed Land Value Assessed: Land Assessed/SF: $459. Spacer $1,81,573 in 216 $6,525 $1,21,48 Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 11
12126 San Jose Ave SOLD 4,678 SF Retail Storefront Retail/Residential Building Built in 189 (con't) Parcel No: 352411 Document No: 27 Sale History: Sold for $3,15, ($673.36/SF) on 6/21/217 Sold for $49, ($14.75/SF) on 1/17/27 Spacer Transaction Notes On June 21, 217 the mixed use property was sold for $3,15,. The Class B property was delivered in 189 and fully leased at the close of escrow with two retail tenants on the 1st floor and six full apartments on the upper floor. The property was on the market for one year and 5 months with an initial asking price of $3,295,. The escrow time was approximately 6 days. The buyer San Jose Apartments, LLC put $1,5, down and financed the balance through the Presidio Bank. The sellers were Michael Salinas & Lawrence Ramirez. The Net Operating Income estimated to be $159,425.28 for 217 yielding an actual cap rate of 5.6%. Income Expense Data Expenses Taxes Operating Expenses Total Expenses $25,344 $25,344 Current Retail Information ID: 5496757 Property Type: Center: Bldg Status: Owner Type: Zoning: Owner Occupied: Retail Storefront Retail/Residential Built in 189 Individual Retail / Residential No GLA: 4,678 SF Total Avail: % Leased: SF 1.% Bldg Vacant: SF Land Area: 2,614 SF Lot Dimensions: Building FAR: 1.79 Rent/SF/mo: No. of Stores: CAM: Spacer Street Frontage: Property Mix: Expenses: Metro Market: Submarket: County: CBSA: CSA: DMA: 69 feet on San Jose 26 feet on Capitolda Ave General Retail 2,339 SF (5.%) 217 Tax @ $5.42/sf Location Information Santa Cruz/Watsonville MidCounty/MidCounty Santa Cruz Santa CruzWatsonville, CA San JoseSan FranciscoOakland, CA MontereySalinas, CA Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 12
12126 San Jose Ave SOLD 4,678 SF Retail Storefront Retail/Residential Building Built in 189 (con't) Parcel Number: 352411 Legal Description: County: Santa Cruz Plat Map: 12126 San Jose Ave Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 13
4 28 San Jose Ave Capitola, CA 951 Sale on 9/15/217 for $1,125, ($612.75/SF) Research Complete 1,836 SF Retail Storefront Retail/Residential Building Built in 1947 SOLD Buyer & Seller Contact Info Recorded Buyer: Village Vibes Llc Recorded Seller: Thrasher Family Trust True Buyer: William McNair William McNair 1155 Crane St Menlo Park, CA 9425 (65) 8623266 True Seller: Virgil Thrasher Virgil Thrasher 3399 Crestline Way Soquel, CA 9573 (831) 4766223 Buyer Type: Individual Buyer Broker: No Buyer Broker on Deal Listing Broker: No Listing Broker on Deal Transaction Details ID: 426171 Sale Date: Escrow Length: 9/15/217 3 days Sale Price: $1,125,Confirmed Asking Price: Price/SF: $612.75 Price/SF Land Gross: $516.53 Sale Type: Bldg Type: Year Built/Age: GLA: Land Area: Investment Retail Storefront Retail/Residential Built in 1947 Age: 7 1,836 SF.5 AC (2,178 SF) Percent Leased: 1.% Tenancy: Multi Transfer Tax: $1,237.5 Financing: Down payment of $1,125,. (1.%) Legal Desc: lot 14 blk C bk 1 pg 13 Parcel No: 3518513 Document No: 3872 Spacer Percent Improved: 75.8% Total Value Assessed: Improved Value Assessed Land Value Assessed: Land Assessed/SF: $7. Spacer $64,43 in 217 $48,838 $15,592 Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 14
28 San Jose Ave SOLD 1,836 SF Retail Storefront Retail/Residential Building Built in 1947 (con't) Transaction Notes This is a the sale of a mixed use bldg.approximately 1,836 sf and situated on a 2,47 sf lot. The property was occupied by a tenant at the time of sale. Escrow length was approximately 3 days. Income Expense Data Expenses Taxes Operating Expenses Total Expenses $2,617 $2,617 Current Retail Information ID: 1486 Property Type: Retail Storefront Retail/Residential Center: Bldg Status: Owner Type: Built in 1947 Individual Zoning: Owner Occupied: No GLA: 1,836 SF Total Avail: % Leased: SF 1.% Bldg Vacant: SF Land Area: 2,178 SF Lot Dimensions: Building FAR:.84 Rent/SF/mo: No. of Stores: CAM: Spacer Street Frontage: Expenses: Metro Market: Submarket: County: CBSA: CSA: DMA: 29 feet on San Jose Ave 217 Tax @ $1.43/sf Location Information Santa Cruz/Watsonville MidCounty/MidCounty Santa Cruz Santa CruzWatsonville, CA San JoseSan FranciscoOakland, CA MontereySalinas, CA Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 15
28 San Jose Ave SOLD 1,836 SF Retail Storefront Retail/Residential Building Built in 1947 (con't) Parcel Number: 3518513 Legal Description: County: Santa Cruz Plat Map: 28 San Jose Ave Copyrighted report licensed to Intero Real Estate Services, Inc. 1526. 7/25/218 Page 16
S E C T I O N I I D e m o g r a p h i c s
DEMOGRAPHICS Capitola Storefront Retail 21 Capitola Ave & 121 San Jose Ave Capitola, CA 951 Population 1 Mile 3 Mile 5 Mile Male 5,15 (49.54 %) 28,17 (49.53 %) 55,329 (49.43 %) Female 5,2 (5.46 %) 28,55 (5.47 %) 56,594 (5.57 %) Total Population 1,35 56,567 111,923 Age Breakdown 1 Mile 3 Mile 5 Mile Ages 4 432 (4.19 %) 2,599 (4.59 %) 5,166 (4.62 %) Ages 59 524 (5.8 %) 3,141 (5.55 %) 6,67 (5.42 %) Ages 114 468 (4.54 %) 2,854 (5.5 %) 5,39 (5.42 %) Ages 1519 46 (4.46 %) 2,98 (5.14 %) 5,361 (4.79 %) Ages 224 523 (5.8 %) 3,251 (5.75 %) 6,61 (5.42 %) Ages 2529 594 (5.76 %) 3,511 (6.21 %) 6,938 (6.2 %) Ages 334 654 (6.35 %) 3,627 (6.41 %) 7,598 (6.79 %) Ages 3539 79 (6.88 %) 3,822 (6.76 %) 8,126 (7.26 %) Ages 444 796 (7.72 %) 4,83 (7.22 %) 8,54 (7.6 %) Ages 4549 832 (8.7 %) 4,392 (7.76 %) 8,828 (7.89 %) Ages 554 851 (8.26 %) 4,467 (7.9 %) 8,855 (7.91 %) Ages 5559 844 (8.19 %) 4,364 (7.71 %) 8,61 (7.68 %) Ages 664 746 (7.24 %) 3,93 (6.95 %) 7,717 (6.89 %) Ages 6569 62 (5.84 %) 3,16 (5.59 %) 6,216 (5.55 %) Ages 774 444 (4.31 %) 2,273 (4.2 %) 4,459 (3.98 %) Ages 7579 29 (2.81 %) 1,523 (2.69 %) 2,988 (2.67 %) Ages 884 188 (1.82 %) 96 (1.7 %) 1,858 (1.66 %) Ages 85+ 348 (3.38 %) 1,72 (3.1 %) 3,19 (2.85 %) William Harrigan, Broker/Assoc. Intero Commercial (48) 8288249 bharrigan@interocommercial.com Page 24
DEMOGRAPHICS Capitola Storefront Retail 21 Capitola Ave & 121 San Jose Ave Capitola, CA 951 Household Income 1 Mile 3 Mile 5 Mile Median Income $54,144 $59,513 $62,74 Less than $1, 355 1,373 2,738 $1, $14,999 359 1,249 2,889 $15, $19,999 12 848 1,91 $2, $24,999 234 1,123 2,277 $25, $29,999 188 824 1,638 $3, $34,999 338 1,33 2,292 $35, $39,999 199 1,58 1,886 $4, $44,999 26 872 1,767 $45, $49,999 242 1, 1,722 $5, $59,999 417 2,249 3,929 $6, $74,999 426 2,167 4,36 $75, $99,999 751 3,428 6,228 $1, $124,999 294 2,185 4,72 $125, $149,999 264 1,284 2,815 $15, $199,999 162 1,393 2,761 Greater than $2, 192 1,446 3,387 Housing 1 Mile 3 Mile 5 Mile Housing Units 6,43 28,667 55,29 Occupied Units 5,173 25,342 49,295 Owner Occupied Units 2,442 13,824 25,722 Renter Occupied Units 2,731 11,518 23,573 Vacant Units 87 3,325 5,734 Race Demographics 1 Mile 3 Mile 5 Mile Population Non Hispanic White 8,741 46,422 92,395 Population Black 41 225 53 Population Am In/Ak Nat 4 185 276 William Harrigan, Broker/Assoc. Intero Commercial (48) 8288249 bharrigan@interocommercial.com Page 25