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Net-Leased Service Station Portfolio
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1851 Main St, Watsonville, CA 95076

Two freestanding service station and convenience store properties, built in 1995 and 2003, offered individually or as a portfolio.

Property Size6,532 SF
Lot Size1.90 Acres
Days on Market126

Property Features for 1851 Main St

General Information

Standard status Active
Size 6,532 SF
Lot size 1.90 Acres
Property subtype Retail
Listing Agency: GA Group
Listed By: Christopher Draper · License #IL 475.177063
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Aug 14 at 7:34AM

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 GA Group

Investment Insights

Based on property information with market context.

B. Riley Real Estate offers for sale a two-property service station and convenience store portfolio net-leased to a strong West Coast operator. The portfolio includes an approximately 2,640 SF property on 0.7 acres located at 1851 Main Street in Watsonville, CA, and an approximately 3,892 SF property on 1.2 acres located at 1551 California Circle in Milpitas, CA.

Both properties are described as high-quality freestanding assets, with construction completed in 1995 (Watsonville) and 2003 (Milpitas). The offering is available either as a portfolio or as individual assets, depending on buyer preference.

Key Highlights

  • Two freestanding service station/convenience store properties offered individually or as a portfolio.
  • Watsonville, CA: ~2,640 SF building on 0.7 acres at 1851 Main Street (~30 miles south of downtown San Jose).
  • Milpitas, CA: ~3,892 SF building on 1.2 acres at 1551 California Circle (~7 miles north of downtown San Jose).

Property Analytics

Current Use

Cento Car Wash Car Wash Chevron Auto Repair Shop H&S Energy - Extra ... Gas Station EM ExtraMile Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Restaurant Spa & Massage Center

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

1,382
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Dining 45% Apparel 5% Home Improvements & Furnishings 4%
McDonald's Dining
25,892 visits/mo 0.1 miles
Exxon Shops & Services
19,391 visits/mo 0.1 miles
Burger King Dining
17,260 visits/mo 0.1 miles
Wells Fargo Shops & Services
8,144 visits/mo 0.3 miles
AutoZone Shops & Services
6,287 visits/mo 0.5 miles

Demographics for 95076, CA

84,433
Population
26,488
Households
3.2
Avg Household Size
35
Median Age
19%
College-Educated
72%
High-School Grad
135.1 sq mi
ZIP Area
625
Density / Sq Mi
$86,685
Median Household Income
$36,077
Median Earnings
$1,851
Median Rent
$767,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Two freestanding service station and convenience store properties, built in 1995 and 2003, offered individually or as a portfolio.
Where is this gas station located?
The property is located at 1851 Main St Watsonville, CA.
What are key features of this property?
This property features: Two freestanding service station/convenience store properties offered individually or as a portfolio.; Watsonville, CA: ~2,640 SF building on 0.7 acres at 1851 Main Street (~30 miles south of downtown San Jose).; Milpitas, CA: ~3,892 SF building on 1.2 acres at 1551 California Circle (~7 miles north of downtown San Jose).
More about this property
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