Log In/Sign Up
Your email has been sent.
Castlewood Corner - 778 & 780-790 1st Street 778 1st St 16,500 SF 100% Leased Retail Building Gilroy, CA 95020 $18,706,753 CAD ($1,133.74 CAD/SF) 5.75% Cap Rate
Investment 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
- Prime High-Traffic Location | Positioned along First Street (21,500 CPD) less than one mile from Highway 152 and Highway 101 interchange
- Flexible Acquisition Opportunity | Available individually or as a portfolio
Executive Summary
Starbucks-, U.S. Bank-, and Western Dental-anchored retail investment with six necessity-based tenants, NNN leases, and strong visibility along Gilroy's primary retail corridor. Available separately or together.
778-790 1st Street, Gilroy, CA 95020
778-790 1st Street, Gilroy, CA 95020
Property Facts
Sale Type
Investment
Property Type
Building Size
16,500 SF
Building Class
B
Year Built/Renovated
1997/2023
Price
$18,706,753 CAD
Price Per SF
$1,133.74 CAD
Cap Rate
5.75%
NOI
$1,075,638 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.71 AC
Zoning
C-1 - Local Business
Parking
50 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Club Pilates
- Services
- 1,500 SF
- -
- -
- H & R Block
- Finance and Insurance
- 1,500 SF
- -
- -
- Pending
- Services
- 2,500 SF
- -
- -
- Starbucks
- Retailer
- 2,500 SF
- -
- -
- US Bank
- Finance and Insurance
- 4,000 SF
- -
- -
- Western Dental Services
- Health Care and Social Assistance
- 4,500 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Club Pilates | Services | 1,500 SF | - | - | ||
| H & R Block | Finance and Insurance | 1,500 SF | - | - | ||
| Pending | Services | 2,500 SF | - | - | ||
| Starbucks | Retailer | 2,500 SF | - | - | ||
| US Bank | Finance and Insurance | 4,000 SF | - | - | ||
| Western Dental Services | Health Care and Social Assistance | 4,500 SF | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 808-12-035 | Improvements Assessment | $4,972,106 CAD |
| Land Assessment | $1,358,784 CAD | Total Assessment | $6,330,890 CAD |
Property Taxes
Parcel Number
808-12-035
Land Assessment
$1,358,784 CAD
Improvements Assessment
$4,972,106 CAD
Total Assessment
$6,330,890 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Castlewood Corner - 778 & 780-790 1st Street | 778 1st 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.