Automotive Property with Absolute NNN
New
For Sale
Contact for pricing
16151 Los Gatos Blvd, Los Gatos, CA 95032
Two-building automotive property with Mixed-Use zoning and lease options extending through 2038.
Property Size53,387 SF
Lot Size6.24 Acres
Days on Market3
Property Features for 16151 Los Gatos Blvd
General Information
Standard status
Active
Size
53,387 SF
Lot size
6.24 Acres
Property subtype
Retail
Zoning
Mixed-Use
Lease Type
Absolute Net
Net Operating Income
$366,616
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Meacham Oppenheimer
Listed By:
David Taxin · License #00983163
Source:
Crexi
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 1 at 9:54PM
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 Meacham Oppenheimer
Investment Insights
Based on property information with market context.
Located at 16151 Los Gatos Blvd in Los Gatos, this automotive property includes two buildings totaling 53,387 square feet on a 271,814-square-foot lot. The site is zoned Mixed-Use and is associated with two auto dealership investments that may be acquired together or separately.
Penske Automotive Group and Price Simms Family Dealerships occupy the properties under Absolute NNN leases. The current lease terms expire in July 2028, with two five-year options extending through 2038. The property is positioned within the Los Gatos and Silicon Valley market.
Penske Automotive Group and Price Simms Family Dealerships occupy the properties under Absolute NNN leases. The current lease terms expire in July 2028, with two five-year options extending through 2038. The property is positioned within the Los Gatos and Silicon Valley market.
Key Highlights
- Two buildings totaling 53,387 square feet
- 271,814‑square‑foot lot with Mixed‑Use zoning
- Absolute NNN leases with Penske Automotive Group and Price Simms Family Dealerships
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
156k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Dining 42%
Shops & Services 14%
Beauty & Spa 1%
Whole Foods Market
Groceries
40,029 visits/mo
0.1 miles
Nob Hill Foods
Groceries
17,434 visits/mo
0.4 miles
Starbucks
Dining
13,736 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
12,519 visits/mo
0.1 miles
Philz Coffee
Dining
10,251 visits/mo
0.1 miles
Demographics for 95032, CA
28,109
Population
11,146
Households
2.5
Avg Household Size
45
Median Age
76%
College-Educated
98%
High-School Grad
18.7 sq mi
ZIP Area
1,503
Density / Sq Mi
$195,188
Median Household Income
$128,689
Median Earnings
$3,123
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hertz Car Rental - Los Gatos - Los Gatos Blvd HLE — 15525 Los Gatos Blvd Suite B, Los Gatos, CA 95032
Frequently Asked Questions
What type of property is this?
Automotive property - Two-building automotive property with Mixed-Use zoning and lease options extending through 2038.
Where is this automotive property located?
The property is located at 16151 Los Gatos Blvd Los Gatos, CA.
What are key features of this property?
This property features: Two buildings totaling 53,387 square feet; 271,814‑square‑foot lot with Mixed‑Use zoning; Absolute NNN leases with Penske Automotive Group and Price Simms Family Dealerships
