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Investment Highlights

  • Irreplaceable US-101 Visibility with 100,000+ Vehicles Per Day
  • Vacant Delivery Provides Clean Execution from Day One: No existing leases, no TI obligations, no co-tenancy entanglements
  • Ideal Repositioning Canvas for Today’s Retail Demand
  • Robust Dedicated Parking

Executive Summary

Value-Add Multi-Tenant Retail | Freestanding Former Premium Outlet | Proven Retail Corridor and Established Destination | Exceptional US-101 Visibility | 100,000+ Vehicles Per Day

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
69,176 SF
Building Class
C
Year Built
1995
Price
$11,596,040 CAD
Price Per SF
$167.63 CAD
Cap Rate
18.72%
NOI
$2,170,254 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
6.25 AC
Zoning
C3 - Commercial mixed use
Parking
327 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
774’ on San Ysidro Ave

Amenities

  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • D010
  • 12,026 SF
  • Retail
  • End Cap
  • Now

This large-format suite provides a highly visible frontage with direct sight lines from Highway 101 and San Ysidro Avenue. The spacious interior layout is suitable for big box users, entertainment, or fitness concepts seeking a dominant regional presence. Ample parking and strong co-tenancy create exceptional synergy for high customer engagement.

  • D020
  • 6,298 SF
  • Retail
  • In-Line
  • Now

Featuring excellent visibility and efficient access, this suite supports a mid-size retail or specialty user. Its positioning near the primary entrance maximizes traffic flow and storefront exposure. Multiple design possibilities allow for a strong identity within a thriving retail environment.

  • D040
  • 6,000 SF
  • Retail
  • In-Line
  • Now

Strategically located near the center of the property, this suite benefits from consistent customer activity throughout the center. Floorplan flexibility enables a variety of uses from health and wellness to soft goods retail. New exterior enhancements will amplify curb appeal and attract shoppers.

  • D050
  • 2,518 SF
  • Retail
  • In-Line
  • Now

This efficiently sized suite is perfect for boutique retail or quick-service concepts. Positioned among complementary tenants, it capitalizes on steady foot traffic and strong visibility along the main drive aisle. Ample shared parking reinforces customer convenience.

  • D060
  • 3,298 SF
  • Retail
  • In-Line
  • Now

Well-suited for retail showroom or specialty services, this suite combines prime visibility with operational efficiency. Its flexible layout supports creative merchandising options. Convenient site access and visibility to Highway 101 increase the property’s market impact.

  • D070
  • 2,886 SF
  • Retail
  • In-Line
  • Now

Compact yet functional, this suite delivers maximum exposure for small-format retailers or service providers. Benefiting from strong traffic counts and adjacent national brands, it offers a cost-effective strategy for market penetration. Exterior signage will ensure additional visibility.

  • D080
  • 4,444 SF
  • Retail
  • In-Line
  • Now

With ample depth and an adaptable layout, Suite D080 is ideal for vibrant retail or wellness concepts. Positioned to draw traffic from the property’s central flow, it offers excellent access and visibility. Planned upgrades enhance the opportunity for a fresh retail environment.

  • D090
  • 2,158 SF
  • Retail
  • In-Line
  • Now

Designed for efficiency and convenience, this suite allows smaller retailers to capture strong area demand. Located within a high-exposure retail hub, it benefits from abundant parking and regional traffic draws. The property’s revitalized exterior will further strengthen brand image.

  • D100
  • 2,768 SF
  • Retail
  • In-Line
  • Now

Perfect for lifestyle retail or service users, this centrally located suite enhances visibility within the corridor. It accommodates diverse design concepts to align with modern tenant needs. Ample parking and safe pedestrian flow support the customer experience.

  • D110
  • 2,998 SF
  • Retail
  • In-Line
  • Now

This easily accessible space provides high-impact branding opportunities facing primary traffic routes. Its adaptable layout ensures usability for multiple retail categories. Co-location with prominent regional tenants offers synergy for sustained activity.

  • D113
  • 1,996 SF
  • Retail
  • In-Line
  • Now

This efficiently sized suite is ideal for boutique retail or service-oriented businesses. It offers excellent storefront visibility and convenient access from San Ysidro Avenue, ensuring steady customer exposure. Positioned near strong co-tenancy and abundant parking, the suite benefits from Gilroy’s vibrant retail corridor and high daily traffic volumes.

  • D115
  • 3,347 SF
  • Retail
  • In-Line
  • Now

Balancing storefront exposure with functional depth, Suite D115 offers merchandising flexibility for retailers. Located near popular traffic zones within the center, it supports an active customer base. Exterior improvements will enhance property aesthetics for future tenants.

  • D135
  • 7,440 SF
  • Retail
  • In-Line
  • Now

Offering significant display capacity, this suite is designed for larger retail footprints or specialty operators. Its prominent building position ensures standout visibility from inbound traffic. Structural attributes allow for versatile build-out configurations.

  • D145
  • 5,140 SF
  • Retail
  • In-Line
  • Now

Positioned toward a dominant visibility line, this suite combines operational scale with branding opportunities. Suitable for a range of uses from home décor to experiential retail, it offers direct access and parking convenience. Co-tenancy diversity maximizes customer capture rates.

  • D146
  • 5,859 SF
  • Retail
  • End Cap
  • Now

One of the larger options within the property, this suite showcases expansive frontage and branding potential. Its open layout provides a blank canvas for tenant design needs. Accessibility and traffic exposure combined with the property’s planned upgrades create a compelling leasing proposition.

Space Size Space Use Position Available
D010 12,026 SF Retail End Cap Now
D020 6,298 SF Retail In-Line Now
D040 6,000 SF Retail In-Line Now
D050 2,518 SF Retail In-Line Now
D060 3,298 SF Retail In-Line Now
D070 2,886 SF Retail In-Line Now
D080 4,444 SF Retail In-Line Now
D090 2,158 SF Retail In-Line Now
D100 2,768 SF Retail In-Line Now
D110 2,998 SF Retail In-Line Now
D113 1,996 SF Retail In-Line Now
D115 3,347 SF Retail In-Line Now
D135 7,440 SF Retail In-Line Now
D145 5,140 SF Retail In-Line Now
D146 5,859 SF Retail End Cap Now

D010

Size
12,026 SF
Space Use
Retail
Position
End Cap
Available
Now

D020

Size
6,298 SF
Space Use
Retail
Position
In-Line
Available
Now

D040

Size
6,000 SF
Space Use
Retail
Position
In-Line
Available
Now

D050

Size
2,518 SF
Space Use
Retail
Position
In-Line
Available
Now

D060

Size
3,298 SF
Space Use
Retail
Position
In-Line
Available
Now

D070

Size
2,886 SF
Space Use
Retail
Position
In-Line
Available
Now

D080

Size
4,444 SF
Space Use
Retail
Position
In-Line
Available
Now

D090

Size
2,158 SF
Space Use
Retail
Position
In-Line
Available
Now

D100

Size
2,768 SF
Space Use
Retail
Position
In-Line
Available
Now

D110

Size
2,998 SF
Space Use
Retail
Position
In-Line
Available
Now

D113

Size
1,996 SF
Space Use
Retail
Position
In-Line
Available
Now

D115

Size
3,347 SF
Space Use
Retail
Position
In-Line
Available
Now

D135

Size
7,440 SF
Space Use
Retail
Position
In-Line
Available
Now

D145

Size
5,140 SF
Space Use
Retail
Position
In-Line
Available
Now

D146

Size
5,859 SF
Space Use
Retail
Position
End Cap
Available
Now

D010

Size 12,026 SF
Space Use Retail
Position End Cap
Available Now

This large-format suite provides a highly visible frontage with direct sight lines from Highway 101 and San Ysidro Avenue. The spacious interior layout is suitable for big box users, entertainment, or fitness concepts seeking a dominant regional presence. Ample parking and strong co-tenancy create exceptional synergy for high customer engagement.

D020

Size 6,298 SF
Space Use Retail
Position In-Line
Available Now

Featuring excellent visibility and efficient access, this suite supports a mid-size retail or specialty user. Its positioning near the primary entrance maximizes traffic flow and storefront exposure. Multiple design possibilities allow for a strong identity within a thriving retail environment.

D040

Size 6,000 SF
Space Use Retail
Position In-Line
Available Now

Strategically located near the center of the property, this suite benefits from consistent customer activity throughout the center. Floorplan flexibility enables a variety of uses from health and wellness to soft goods retail. New exterior enhancements will amplify curb appeal and attract shoppers.

D050

Size 2,518 SF
Space Use Retail
Position In-Line
Available Now

This efficiently sized suite is perfect for boutique retail or quick-service concepts. Positioned among complementary tenants, it capitalizes on steady foot traffic and strong visibility along the main drive aisle. Ample shared parking reinforces customer convenience.

D060

Size 3,298 SF
Space Use Retail
Position In-Line
Available Now

Well-suited for retail showroom or specialty services, this suite combines prime visibility with operational efficiency. Its flexible layout supports creative merchandising options. Convenient site access and visibility to Highway 101 increase the property’s market impact.

D070

Size 2,886 SF
Space Use Retail
Position In-Line
Available Now

Compact yet functional, this suite delivers maximum exposure for small-format retailers or service providers. Benefiting from strong traffic counts and adjacent national brands, it offers a cost-effective strategy for market penetration. Exterior signage will ensure additional visibility.

D080

Size 4,444 SF
Space Use Retail
Position In-Line
Available Now

With ample depth and an adaptable layout, Suite D080 is ideal for vibrant retail or wellness concepts. Positioned to draw traffic from the property’s central flow, it offers excellent access and visibility. Planned upgrades enhance the opportunity for a fresh retail environment.

D090

Size 2,158 SF
Space Use Retail
Position In-Line
Available Now

Designed for efficiency and convenience, this suite allows smaller retailers to capture strong area demand. Located within a high-exposure retail hub, it benefits from abundant parking and regional traffic draws. The property’s revitalized exterior will further strengthen brand image.

D100

Size 2,768 SF
Space Use Retail
Position In-Line
Available Now

Perfect for lifestyle retail or service users, this centrally located suite enhances visibility within the corridor. It accommodates diverse design concepts to align with modern tenant needs. Ample parking and safe pedestrian flow support the customer experience.

D110

Size 2,998 SF
Space Use Retail
Position In-Line
Available Now

This easily accessible space provides high-impact branding opportunities facing primary traffic routes. Its adaptable layout ensures usability for multiple retail categories. Co-location with prominent regional tenants offers synergy for sustained activity.

D113

Size 1,996 SF
Space Use Retail
Position In-Line
Available Now

This efficiently sized suite is ideal for boutique retail or service-oriented businesses. It offers excellent storefront visibility and convenient access from San Ysidro Avenue, ensuring steady customer exposure. Positioned near strong co-tenancy and abundant parking, the suite benefits from Gilroy’s vibrant retail corridor and high daily traffic volumes.

D115

Size 3,347 SF
Space Use Retail
Position In-Line
Available Now

Balancing storefront exposure with functional depth, Suite D115 offers merchandising flexibility for retailers. Located near popular traffic zones within the center, it supports an active customer base. Exterior improvements will enhance property aesthetics for future tenants.

D135

Size 7,440 SF
Space Use Retail
Position In-Line
Available Now

Offering significant display capacity, this suite is designed for larger retail footprints or specialty operators. Its prominent building position ensures standout visibility from inbound traffic. Structural attributes allow for versatile build-out configurations.

D145

Size 5,140 SF
Space Use Retail
Position In-Line
Available Now

Positioned toward a dominant visibility line, this suite combines operational scale with branding opportunities. Suitable for a range of uses from home décor to experiential retail, it offers direct access and parking convenience. Co-tenancy diversity maximizes customer capture rates.

D146

Size 5,859 SF
Space Use Retail
Position End Cap
Available Now

One of the larger options within the property, this suite showcases expansive frontage and branding potential. Its open layout provides a blank canvas for tenant design needs. Accessibility and traffic exposure combined with the property’s planned upgrades create a compelling leasing proposition.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
8,803
61,681
69,263
81,538
2030 Population
8,899
62,886
70,436
82,833
2025-2030 Projected Population Growth
1.1%
2.0%
1.7%
1.6%
Median Age
33.7
37.5
38.3
38.8
College Degree + Higher
15%
25%
27%
20%
Daytime Employees
7,041
19,919
25,347
32,491
Total Businesses
1,139
2,633
2,913
3,764
Average Household Income
$124,261
$151,074
$155,951
$158,287
Median Household Income
$92,125
$126,383
$129,816
$131,012
Total Consumer Spending
$89.9M
$776.1M
$894.4M
$1.1B
2025 Households
2,326
17,992
20,323
24,442
Average Home Value
$737,505
$893,510
$913,363
$916,029
$ values in USD

Nearby Major Retailers

Denny's
Erik’s DeliCafé
Applebee's
Black Bear Diner
Gold's Gym
Sky Zone
Rockin' Jump
Sunbelt Rentals
Bank of Montreal
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
835-04-062
Land Assessment
$7,776,168 CAD
Improvements Assessment
$1,364,240 CAD
Total Assessment
$9,140,408 CAD
  • Listing ID: 40231346

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 8555 San Ysidro Ave, Gilroy, CA 95020

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