8555 San Ysidro Ave - Storefront FOR SALE


Gilroy, CA 95020
$8,500,000 USD
669-239-2090
8555 San Ysidro Ave, Gilroy, CA for Sale
$8,500,000 USD
Storefront - FOR SALE
1/16
null | 18.72% Cap Rate

8555 San Ysidro Ave
Gilroy, CA 95020


HIGHLIGHTS

  • Secure a value-add opportunity to acquire a 69,176 square foot multi-tenant freestanding former premium outlet at 8555 San Ysidro Avenue.
  • Experience irreplaceable US Highway 101 visibility and exposure, with whopping traffic counts exceeding 100,000 vehicles per day.
  • Take advantage of the rare vacant delivery at closing to enable a seamless takeover free of leases, TI obligations, or co-tenancy restrictions.
  • Proven retail corridor and established destination, home to retailers such as Target, Costco, Best Buy, Kohl’s, Home Depot, Marshalls, and HomeGoods.
  • Ideal repositioning canvas for today's retail demand, with opportunities to add new signage and enhance the robust dedicated parking.
  • Conveniently located adjacent to the Gilroy Premium Outlets and with direct access off Highway 101, and just 20 miles south of Silicon Valley.

OVERVIEW

Formerly part of the neighboring Gilroy Premium Outlets, 8555 San Ysidro Avenue is being repositioned as a standalone retail and service destination designed to serve the Greater Gilroy trade area. The entire 69,176-square-foot building is available for sale as a value-add multi-tenant retail opportunity. Expected to be delivered completely vacant, the new owner can embark on a clean execution from day one, with no existing leases, no TI obligations, and no co-tenancy entanglements. This offering is perfect for a wide range of retail, fitness, medical, and service uses. The former owner had planned exterior upgrades, including new signage, to further enhance the property’s presence. The property offers exceptional visibility along US Highway 101, delivering exposure to over 100,000 vehicles per day and immediate access to one of the region’s most established retail corridors. Adjacent to the Gilroy Premium Outlets, 8555 San Ysidro Avenue benefits from one of Northern California’s strongest retail draws, attracting over 3 million visitors annually. This high-performing retail environment is supported by a deep roster of national brands, creating consistent traffic and long-term stability in the trade area. Gilroy continues to emerge as a high-growth market supported by strong household incomes and an expanding population base. The area benefits from both local residents and regional visitors, creating a diverse and dependable customer profile for retailers and service providers.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

18.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

327

LAND DETAILS

LAND ACRES

6.25 AC

LAND SF

272,250 SF

ZONING

C3

APN/PARCEL ID

835-04-062

ASK ABOUT THIS PROPERTY

Ayda KachHanley Investment GroupMore Info
669-239-2090

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Ayda KachHanley Investment GroupMore Info
669-239-2090

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