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778 1st St
Gilroy, CA 95020

$13,547,078 USD

General Retail For Sale  •  12,500 SF

Property Details

  • Property Type General Retail
  • Total Building Size 16,500 SF
  • Lot Size 0.71 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 5.75 %
  • Tenancy Multiple
  • Zoning C-1
30 Transit Score
50 Walk Score

Highlights

Multi-Tenant Retail Investment | ±16,500 SF retail center occupied by Starbucks, U.S. Bank, Western Dental, Club Pilates, H&R Block & Pending LOI
Flexible Acquisition Opportunity | Available individually or as a portfolio
Prime High-Traffic Location | Positioned along First Street (21,500 CPD) less than one mile from Highway 152 and Highway 101 interchange
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Club Pilates 1,500 SF
H & R Block 1,500 SF
Pending 2,500 SF
Starbucks 2,500 SF
US Bank 4,000 SF
Western Dental Services 4,500 SF

Amenities

  • Corner Lot

Public Transportation

Commuter RailDriveWalkDistance
Gilroy (Caltrain - Caltrain (Caltrain)) 7 min - 1.8 mi
San Martin (Caltrain - Caltrain (Caltrain)) 13 min - 6.4 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 40 min - 35.9 mi
Monterey Regional 55 min - 41.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
James Kaye 408-453-7419 CBRE, Inc.
James Kaye 408-453-7419 CBRE, Inc.