About 7810 Monterey St
4,000 SqF multi-tenant office with large lot surrounded by the excellent shopping, dining, & entertainment options in Downtown Gilroy. Corner location with high visibility & frontage on the main road. 5 offices- all of which are occupied. 3 contiguous offices can be delivered vacant at COE. Perfect for medical, administrative, real estate brokerage, & many other uses. As a medical office, it is centrally located with St. Louise Regional Hospital only 2.3 miles away. Situated within Gilroys Downtown Expansion District (DED). Numerous permitted land uses. Potential to redevelop & residential housing is an allowed use with a conditional use permit. Exterior amenities include a high visibility sign & large parking lot with approx. 25 parking spaces. 7810 Monterey Highway provides an owner user with a turnkey office solution in a high visibility downtown location & the investor with a reliable cash flow stream and significant development potential. CAP Rate: 5% Current, 6.64% Proforma.
Amenities
| Utilities |
Individual Electric Meters, Individual Gas Meters
|
| Parking Spaces |
40
|
| Garages |
No Garage
|
| Is Waterfront |
No
|
Interior
| Heating |
Central Forced Air Heat
|
| Cooling |
Central Air Conditioning
|
| Fireplace |
No
|
| # of Stories |
1
|
| Has Basement |
No
|
Exterior
| Roof |
Composition Roof
|
| Foundation |
Concrete Slab
|
Listing Details
| Agent | Ismael Benhamida |
|---|
| Office | Compass |
|---|
| Office Contact | 408-373-6195 |
|---|
Listing Schools/Amenities
