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Mira Loma Plaza Retail Space
For Sale
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1051-1059 1st Street, Gilroy, CA 95020

Named retail property offered for sale in Gilroy, California.

Property Size22,754 SF
Days on Market144

Property Features for 1051-1059 1st Street

General Information

Standard status Active
Size 22,754 SF
Property subtype Retail

Additional Details

Cap Rate 6.6%
Listing Agency: CBRE - Orange County
Listed By: Jay Gomez · License #CA 01364065
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 4:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County

Investment Insights

Based on property information with market context.

Mira Loma Plaza is a retail property comprising 22,754 SF at 1051-1059 1st Street in Gilroy, California. The asset is offered for sale and is identified as retail space.

The property carries a 6.60% CAP rate, providing a clear investment metric for evaluating the offering. Its location and property identity are established by the 1st Street address and the Mira Loma Plaza name.

Key Highlights

  • 22,754 SF retail property
  • 6.60% CAP rate
  • Located at 1051‑1059 1st Street

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Law Firm Furniture & Home Goods Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby
291k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Groceries 31% Shops & Services 21% Apparel 7%
Safeway Groceries
55,522 visits/mo 0.2 miles
Nob Hill Foods Groceries
34,717 visits/mo 0.4 miles
McDonald's Dining
26,225 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,689 visits/mo 0.2 miles
Chase Bank Shops & Services
15,301 visits/mo 0.1 miles

Demographics for 95020, CA

68,090
Population
20,679
Households
3.3
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
151.8 sq mi
ZIP Area
449
Density / Sq Mi
$134,242
Median Household Income
$50,421
Median Earnings
$2,256
Median Rent
$1,005,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Named retail property offered for sale in Gilroy, California.
Where is this retail space located?
The property is located at 1051-1059 1st Street Gilroy, CA.
What are key features of this property?
This property features: 22,754 SF retail property; 6.60% CAP rate; Located at 1051‑1059 1st Street
(408) 453-7400 Call to check price and availability
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