Mixed-Use
8655 Monterey Rd
8655 Monterey Rd, Gilroy, CA 95020
Listing Price: $3,390,000
Investment Overview
8655 Monterey Rd is an exceptional retail/light industrial investment opportunity located in the thriving city of Gilroy, CA.
Situated on a parcel of land totaling 1.99 acres, the subject property was originally constructed in 1966 and has a gross building area of approximately 14,297 square feet, offering its tenants beautifully designed retail/light industrial floor plans.
8655 Monterey St presents investors with a rare opportunity to acquire an exceptional asset in the thriving city of Gilroy, CA. The subject property is located just 0.9 miles from The Premium Gilroy Outlets, right off Highway 101. The Premium Gilroy Outlets house 145 different outlet stores, attracting savvy shoppers and tourists from all over the Bay Area. The subject property is also walking distance (1 mi) from Downtown Gilroy, home to a myriad of dining, shopping, and entertainment. Other nearby Gilroy attractions include the Annual Gilroy Garlic Festival and the Gilroy Gardens theme park, both attracting visitors from all over the US.
8655 Monterey Rd benefits from its prime location offering tenants convenient access to major transportation corridors including Highway 101, CA-25, CA-152, in addition to other modes of transportation. Gilroy’s close proximity to these fundamental roads offers South Bay Area commuters a quick connection to San Jose, Watsonville, Salinas, Monterey, as well as other nearby areas.
The investment appeal of this asset is driven by Gilroy’s strong employment fundamentals, and low vacancy levels. With a world class location in the heart Gilroy, 8655 Monterey Rd presents an attractive investment opportunity for investors due to its easy accessibility to the Bay Area and the nation’s top employers within it.
Investment Highlights
- Exceptional Gilroy Investment Opportunity - Investors have the opportunity to acquire an exceptional retail/light industrial asset in the heart of Gilroy, CA.
- Prime Gilroy Location - The subject property is located within close proximity to The Premium Gilroy Outlets (0.9 mi) and walking distance from Downtown Gilroy (1 mi).
- The subject property is situated on a large 2 acre corner lot off the major thoroughfare of Monterey Rd, hosting an approximate daily vehicle count of 14,747.
- Convenient Transportation Corridors - The subject property offers tenants convenient access to major transportation corridors including Highway 101, CA-25, and CA-152.
Exclusively Listed By
Listing Price: $3,390,000
Investment Highlights
- Exceptional Gilroy Investment Opportunity - Investors have the opportunity to acquire an exceptional retail/light industrial asset in the heart of Gilroy, CA.
- Prime Gilroy Location - The subject property is located within close proximity to The Premium Gilroy Outlets (0.9 mi) and walking distance from Downtown Gilroy (1 mi).
- The subject property is situated on a large 2 acre corner lot off the major thoroughfare of Monterey Rd, hosting an approximate daily vehicle count of 14,747.
- Convenient Transportation Corridors - The subject property offers tenants convenient access to major transportation corridors including Highway 101, CA-25, and CA-152.
Investment Overview
8655 Monterey Rd is an exceptional retail/light industrial investment opportunity located in the thriving city of Gilroy, CA. Situated on a parcel of land totaling 1.99 acres, the subject property was originally constructed in 1966 and has a gross building area of approximately 14,297 square feet, offering its tenants beautifully designed retail/light industrial floor plans. 8655 Monterey St presents investors with a rare opportunity to acquire an exceptional asset in the thriving city of Gilroy, CA. The subject property is located just 0.9 miles from The Premium Gilroy Outlets, right off Highway 101. The Premium Gilroy Outlets house 145 different outlet stores, attracting savvy shoppers and tourists from all over the Bay Area. The subject property is also walking distance (1 mi) from Downtown Gilroy, home to a myriad of dining, shopping, and entertainment. Other nearby Gilroy attractions include the Annual Gilroy Garlic Festival and the Gilroy Gardens theme park, both attracting visitors from all over the US. 8655 Monterey Rd benefits from its prime location offering tenants convenient access to major transportation corridors including Highway 101, CA-25, CA-152, in addition to other modes of transportation. Gilroy’s close proximity to these fundamental roads offers South Bay Area commuters a quick connection to San Jose, Watsonville, Salinas, Monterey, as well as other nearby areas. The investment appeal of this asset is driven by Gilroy’s strong employment fundamentals, and low vacancy levels. With a world class location in the heart Gilroy, 8655 Monterey Rd presents an attractive investment opportunity for investors due to its easy accessibility to the Bay Area and the nation’s top employers within it.