778 1st St - Retail FOR SALE


Gilroy, CA 95020
$13,547,078 USD
408-453-7419
778 1st St, Gilroy, CA for Sale
$13,547,078 USD
Retail - FOR SALE
1/8
null | 5.75% Cap Rate

778 1st St
Gilroy, CA 95020


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
  • Flexible Acquisition Opportunity | Available individually or as a portfolio
  • Prime High-Traffic Location | Positioned along First Street (21,500 CPD) less than one mile from Highway 152 and Highway 101 interchange

OVERVIEW

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

FOR SALE DETAILS

PRICE

$13,547,078 USD

PRICE/SF

$1,084 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Castlewood Corner - 778 & 780-790 1st Street

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C-1

APN/PARCEL ID

808-12-035,808-12-036

ASK ABOUT THIS PROPERTY

James KayeCBRE, Inc.More Info
408-453-7419

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James KayeCBRE, Inc.More Info
408-453-7419

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