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770 1st St
Gilroy, CA 95020

Walgreens | 8yrs Remaining Abs NNN | S&P: BBB · Retail Property For Sale

Investment Highlights

  • 8 Years Remaining | Options To Extend | Corporate Signed | Investment Grade Tenant (S&P: BBB)
  • Close Proximity to Gilroy Premium Outlets (171,339 SF) | National/Credit Tenant Presence
  • Strong Demographics in 5-Mile Trade Area | Six Figure Incomes | Direct Residential Consumer Base
  • Absolute NNN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Excellent Visibility | Drive-Thru Equipped | Nearby Access to U.S. Highway 101

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,469 SF
Building Class
B
Year Built/Renovated
2009/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.34 AC
Zoning
C3 - Shopping Center Commercial
Parking
4.22 Spaces per 1,000 SF Leased

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
808-12-037
Land Assessment
$2,166,075
Improvements Assessment
$7,258,099
Total Assessment
$9,424,174
  • Listing ID: 23263788

  • Date on Market: 6/2/2021

  • Last Updated:

  • Address: 770 1st St, Gilroy, CA 95020

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