15480 Los Gatos Blvd - Auto Dealership FOR SALE


Los Gatos, CA 95032- East Los Gatos
$48,533,000 USD
510-289-1166
15480 Los Gatos Blvd, Los Gatos, CA for Sale
$48,533,000 USD
Auto Dealership - FOR SALE
1/4
null | Request Cap Rate

15480 Los Gatos Blvd
Los Gatos, CA 95032
East Los Gatos


HIGHLIGHTS

  • New Long Term Lease to Tesla with Above Market Annual Rent Increases
  • Mission-Critical Hybrid SSD + Collision Center Serving Dense, Affluent Silicon Valley & South Bay Markets
  • Trophy Location on Los Gatos Blvd on Large ~4.5-Acre Lot with Ample Customer & Inventory Parking
  • Long Term Covered Land Play with Strong Intrinsic Value
  • Dense, Infill Location in Established Corridor Adjacent to Brand New Whole Foods Relocation Site (Now Open)
  • Population of 1,142,881 within a 10-Mile Radius with High Household Incomes & High Concentration of Commuters

OVERVIEW

RARE HYBRID TESLA SSD + COLLISION CENTER DRIVING MULTIPLE REVENUE STREAMS. This Tesla property is strategically positioned in a dense, affluent South Bay submarket serving Silicon Valley’s core employment base. The site sits adjacent to San Jose and Santa Clara, approximately 50 miles south of San Francisco, and occupies a rare ±4.5-acre infill parcel providing ample customer and inventory parking. The property benefits from exceptional frontage and visibility along Los Gatos Boulevard, multiple points of ingress and egress, and prominent monument signage, enhancing brand presence in one of the region’s most established neighborhoods. The location is one mile from the junction of Highway 85 and Highway 17, which together carry approximately 244,000 vehicles per day, offering immediate regional connectivity. The surrounding trade area is anchored by daily-needs and high-end retail, including a new Whole Foods relocation site (now open), Trader Joe’s, Nob Hill Foods, CVS, Starbucks, Chipotle, Peet’s Coffee, and BevMo!, along with essential services such as Sutter Health, AAA, and the Los Gatos Police Department. A nearby luxury auto dealership carries Bentley, Rolls-Royce, Aston Martin, and Lamborghini, further reinforcing the area’s high-income consumer profile. Additional traffic drivers include Downtown Los Gatos’ walkable retail and dining district, La Rinconada Golf Club, Vasona Lake Park, Downtown Campbell, which features year-round events, the new North 40, a 44-acre mixed-use development down the street, and numerous top-rated public and private schools. The site is also proximate to major regional employers, including Good Samaritan Hospital, Netflix, ChargePoint, AMD Xilinx, and West Valley College, with broader access to Apple Park (10 miles), Santa Clara University (8 miles), San Jose Mineta International Airport (10.5 miles), Applied Materials (12 miles), Google headquarters (16.5 miles), Stanford University (20 miles), Moffett Field (16 miles), and many more. The surrounding demographics are exceptionally well aligned with Tesla’s customer base, with a population of 1.14 million within a 10-mile radius, an average household income of $284,041, and an average home value of $1.77 million within three miles. Nearly 70% of residents age 25 and older hold a bachelor’s degree or higher. This combination of affluence, density, and access makes the site a premier, long-term location within one of the most desirable and supply-constrained markets in the country.

FOR SALE DETAILS

PRICE

$48,533,000 USD

PRICE/SF

$1,945 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesla Sales, Service & Delivery + Collision

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

undefined, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.46 AC

LAND SF

194,278 SF

ZONING

CH

APN/PARCEL ID

424-14-034,424-14-035

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.