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70 Commercial Real Estate Listings in Santa Cruz, CA

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Santa Cruz, CA Commercial Real Estate

There are currently 69 commercial listings available in Santa Cruz, CA. These listings include 46 commercial spaces that encompass a total of 213,412 square feet. Available commercial spaces in Santa Cruz, CA range in size from 268 square feet to 31,355 square feet. A total of 35 off-market commercial properties located in Santa Cruz, CA are also available for research.

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Santa Cruz, CA Economic Overview

Location Photo

The City of Santa Cruz is the largest city in Santa Cruz County and one of California’s most picturesque beach towns, located on the northern part of the Monterey Bay. The City covers 15.8 square miles and is situated approximately 74 miles south of San Francisco and 30 miles west of San Jose. Commonly referred to as “Surf City,” Santa Cruz is home to over 63,000 residents and known for its moderate climate, natural environment, coastline, redwood forests, and alternative community lifestyles. First founded in 1769 by Spanish explorers, the community engaged in agriculture, as well as producing and exporting lumber and gunpowder. Santa Cruz has since grown into a thriving business center and beach resort community, accommodating a variety of lifestyles and interests. The City is home to the University of California, Santa Cruz, a premier research institution and educational hub with an enrollment of nearly 17,900 students. Santa Cruz commercial real estate accommodates over 29,000 companies and continues to draw in startups and tech companies from Silicon Valley, due to its lower price tag and great value.

Principal industries in Santa Cruz include agriculture, tourism, manufacturing, education, and high-technology. The City is also central to the organic culture movement and specialty craft products, as well as home to the headquarters of the California Certified Organic Farmers. Winemaking is another important part of the economic and cultural life of Santa Cruz County. Santa Cruz is home to a young and vibrant workforce, with a median age of 28.7 years and median household income of $62,164.

Santa Cruz, CA Commercial Inventory Breakdown

In 2023 the Santa Cruz, CA commercial real estate market totaled 569,005 square feet of office spaces, 318,300 square feet of office spaces with retail, and 1,452,655 square feet of industrial space.

Office Spaces

Total: 569,005 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 467,338 SqFt 82.13% of total office
100k to 500k SqFt 101,667 SqFt 17.87% of total office
By class:
Class Total square feet Share of total
Class A 116,937 SqFt 20.55% of total office
Class B 452,068 SqFt 79.45% of total office


Class A office space holds a 20.55% share of the overall Santa Cruz, CA office market, while Class B office assets make up approximately 79.45%.

Industrial

Total: 1,452,655 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 266,511 SqFt 18.35% of total industrial
100k to 500k SqFt 1,186,144 SqFt 81.65% of total industrial
By class:
Class Total square feet Share of total
Class B 1,313,610 SqFt 90.43% of total industrial
There are 1,186,144 square feet of commercial real estate properties between 100k to 500k square feet, representing 81.65% of the Santa Cruz, CA industrial inventory.

Office Spaces with Retail

Total: 318,300 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 60,507 SqFt 19.01% of total office with retail
100k to 500k SqFt 257,793 SqFt 80.99% of total office with retail

Santa Cruz, CA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Santa Cruz, CA Office 15 90,407
Santa Cruz, CA Retail 14 57,136
Santa Cruz, CA Industrial 4 54,207
Santa Cruz, CA Other 41 202,730
Ofice Icon

15

Office

Industrial Icon

4

Industrial

Retail Icon

14

Retail

Current local active listing encompass 404,480 square feet of commercial space for lease in Santa Cruz. There are 15 active office listings, which amount to 90,407 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 57,136 square feet across 14 listings. Current industrial offerings on the market amount to 54,207 square feet across a total of 4.

Employment in Santa Cruz, CA

Employed Population 34,483

Employed population - Industry % Distribution

Management, business, science, and arts occupations
48%
Service occupations
22%
Sales and office occupations
17%
Production, transportation, and material moving occupations
6%
Natural resources, construction, and maintenance occupations
6%

In 2021, roughly 48% of a total of 34,483 employed in Santa Cruz worked in Management, business, science, and arts occupations, followed by 22% in Service occupations and 17% in Sales and office occupations.

Income per capita $42,348  Median household income $90,855

Household income

Under $50k
37%
$50k - $100k
17%
$100k - $200k
30%
Over $200k
16%

The median household income in Santa Cruz stands at $90,855, with per capita income at $42,348. Households earning between $50k and $100k represent 17% of the total, while those earning over $200k make up 16%. Approximately 37% of Santa Cruz households earn less than $50k per year.

Commuting in Santa Cruz, CA

Mean travel time to work 22 minutes

Means of transportation to work

DroveAlone
60.80%
Carpool
5.90%
Public transit
7.70%
Bicycle
4.60%
Walking
14.50%
Work at Home
1.90%
Other
4.50%

*Universe: Workers 16 and over

The mean travel time to work in Santa Cruz in 2021 was 22 minutes. Around 60.80% of workers commute by Driving alone, 14.50% Walking and 7.70% by Public transit.

Education in Santa Cruz, CA

High school grad or higher 95%

Bachelor's degree or higher 55%

Population by minimum level of education

No degree
5%
High school
13%
Some College
27%
Bachelor's
29%
Post-grad
26%

*Universe: Workers 25 and over

An estimated 95% of Santa Cruz residents aged 25 or over hold a high school degree or higher. Of those, 13% are high school graduates, 27% attended some college, 29% earned a bachelor's degree, with an additional 26% holding post-graduate degrees.

Santa Cruz, CA Demographics

As of 2021, Santa Cruz had a total population of 64,605, with a median age of 26.70 years. Roughly 78.60% of the total population was between the ages of 16 and 64 years old.

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