General:
1661 Soquel Drive Bldg. G is a 5,729 sq. ft. medical building leased to CommonSpirit Health on a 5-year net lease, commencing in October of 2024. CommonSpirit also purchased the medical practices at the same time. The building serves a radiology office and a breast center. Both sides have extensive medical improvements.
The Tenant:
CommonSpirit Health owns and operates over 2,300 health care facilities, including 137 hospitals in 24 states. With its national office in Chicago, CommonSpirit Health has a team of over 150,000 employees and over 25,000 Physicians and advanced practice clinicians.
Dignity Health-Dominican Hospital:
The subject property sits adjacent to Dignity Health-Dominican Hospital, which is also owned and operated by CommonSpirit Health. Dominican Hospital offers many services including emergency services, birth center, cancer care, and cardiac care. It offers 222 beds and employs 1,556 employees and 530 physicians. Dominican Hospital served 96,360 Patients last year.
Location:
The subject fronts Soquel Drive (23,000 vehicles per day) near the Highway 1 (100,000 vehicles per day). Highway 1 and Soquel Drive are the two dominant thoroughfares in Sant Cruz County.