7700 Monterey Rd | Gilroy, CA 95020
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- LoopNet Team
7700 Monterey Rd
Gilroy, CA 95020
Net Leased Single Tenant | Bruce's Tires · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 14 years remaining on lease with three 5-year option & attractive increases.
- Attractive 9 Bay Automotive repair facility.
- Sun Auto Tire & Service has 350 locations.
- Corporate Lease Guarantors & Excellent Credit.
- Irreplaceable location; City of Gilroy will not allow automotive retail on Monterey St & other prominent streets in town.
- Landlord responsible for part of property tax increase upon sale.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,788 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.62 AC
Zoning
C2
Parking
10 Spaces (1.47 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 841-04-018 | Improvements Assessment | $1,066,410 |
| Land Assessment | $1,664,640 | Total Assessment | $2,731,050 |
PROPERTY TAXES
Parcel Number
841-04-018
Land Assessment
$1,664,640
Improvements Assessment
$1,066,410
Total Assessment
$2,731,050
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