Log In/Sign Up
Your email has been sent.
7451 Monterey St 2,376 SF 100% Leased Retail Building Gilroy, CA 95020 $1,955,881 CAD ($823.18 CAD/SF) 3.20% Cap Rate
Investment Highlights
- Heavy Foot Traffic
- Open and Airy Stylized Space
- Modern and Renovated
Executive Summary
2 Buildings on 1 Lot, crown jewel retail/office storefront building located in the most affordable downtown in all of Silicon Valley/Santa Clara, completely renovated, upgraded, retrofitted, turnkey, tastefully designed, up to code, security/surveillance system, this property is a WIN, live/work/play/event center/retail/office, this special property offers many possibilities in a downtown going through a beautiful period of rejuvenation!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$89,029
|
$37.47
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$89,029
|
$37.47
|
| Taxes |
$24,448
|
$10.29
|
| Operating Expenses |
$2,023
|
$0.85
|
| Total Expenses |
$26,471
|
$11.14
|
| Net Operating Income |
$62,558
|
$26.33
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $89,029 |
| Annual Per SF | $37.47 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $89,029 |
| Annual Per SF | $37.47 |
| Taxes (CAD) | |
|---|---|
| Annual | $24,448 |
| Annual Per SF | $10.29 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,023 |
| Annual Per SF | $0.85 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $26,471 |
| Annual Per SF | $11.14 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $62,558 |
| Annual Per SF | $26.33 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,376 SF
Building Class
C
Year Built
1900
Price
$1,955,881 CAD
Price Per SF
$823.18 CAD
Cap Rate
3.20%
NOI
$62,588 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C2 - Retail & Office allowed.
Parking
10 Spaces (4.21 Spaces per 1,000 SF Leased)
Frontage
30’ on Monterey St
Amenities
- 24 Hour Access
- Commuter Rail
- Conferencing Facility
- Courtyard
- Restaurant
- Security System
- Skylights
- Accent Lighting
- Storage Space
- Recessed Lighting
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Apothecary Vintage Clothing
- Retailer
- -
- -
- Plus Utilities
- Apr 2026
- Lazo Firearm & Consulting
- Retailer
- -
- -
- -
- -
- Sound Studio
- Arts, Entertainment, and Recreation
- 300 SF
- -
- Plus Utilities
- Apr 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Apothecary Vintage Clothing | Retailer | - | - | Plus Utilities | Apr 2026 | |
| Lazo Firearm & Consulting | Retailer | - | - | - | - | |
| Sound Studio | Arts, Entertainment, and Recreation | 300 SF | - | Plus Utilities | Apr 2026 |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 799-07-055 | Total Assessment | $110,429 CAD |
| Land Assessment | $46,788 CAD | Annual Taxes | $24,448 CAD ($10.29 CAD/SF) |
| Improvements Assessment | $63,641 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
799-07-055
Land Assessment
$46,788 CAD
Improvements Assessment
$63,641 CAD
Total Assessment
$110,429 CAD
Annual Taxes
$24,448 CAD ($10.29 CAD/SF)
Tax Year
2025
1 of 51
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
7451 Monterey St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.