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Chevron Gas Station with Carwash
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1551 California Cir, Milpitas, CA 95035

Chevron-branded station with a mart, carwash, and long-term lease structure.

Property SizeContact for details
Days on Market144

Property Features for 1551 California Cir

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 4.3%
Listing Agency: Liberty Business Advisors of San Francisco Inc
Listed By: Ajay Dewan · License #CA 01710597
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:14AM

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 Liberty Business Advisors of San Francisco Inc

Investment Insights

Based on property information with market context.

This Chevron-branded gas station combines fuel service with an on-site mart and carwash. The property is located at 1551 California Cir in Milpitas, California.

A lease remains in place with 11 years left on the current term, followed by four 5-year renewal options. Contractual rent increases of 10% every 5 years are also provided. The offering reflects a 4.30% cap rate.

Key Highlights

  • Chevron‑branded gas station with mart and carwash
  • 11 years remaining on the current lease term
  • Four 5‑year renewal options

Property Analytics

Current Use

Power Market Gas Station Chevron Car Wash ATM (D F ... Atm Subway Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store Spa & Massage Center Hair Salon Building Supply

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

765
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 22% Home Improvements & Furnishings 13%
Chevron Shops & Services
14,466 visits/mo 0.1 miles
Wayback Burgers Dining
11,778 visits/mo 0.1 miles
7-Eleven Shops & Services
10,037 visits/mo 0.4 miles
Chevron Shops & Services
9,739 visits/mo 0.2 miles
Floor & Decor Home Improvements & Furnishings
7,184 visits/mo 0.2 miles

Demographics for 95035, CA

80,440
Population
25,851
Households
3.1
Avg Household Size
37
Median Age
59%
College-Educated
90%
High-School Grad
22.4 sq mi
ZIP Area
3,591
Density / Sq Mi
$176,723
Median Household Income
$81,070
Median Earnings
$3,110
Median Rent
$1,180,700
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?
Gas station - Chevron-branded station with a mart, carwash, and long-term lease structure.
Where is this gas station located?
The property is located at 1551 California Cir Milpitas, CA.
What are key features of this property?
This property features: Chevron‑branded gas station with mart and carwash; 11 years remaining on the current lease term; Four 5‑year renewal options
More about this property
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