End-Cap Office
For Sale
$540,000
170-7500 Arroyo Cir, Gilroy, CA 95020
Two enclosed offices, reception space, storage, and a tiled bathroom create a practical professional layout.
Property Size738 SF
Price / SF$731.71
Days on Market9
Property Features for 170-7500 Arroyo Cir
General Information
Standard status
Active
Size
738 SF
Additional Details
Office Units
1
Building Details
Year Built
2006
Buildings
1
Tenancy
Multi
Listing Agency:
Renz & Renz
Listed By:
George Renz · License #00854816
(408) 846-1031
Source:
Exprealty
Added: Sep 29
Changed: Oct 1
Last Checked: Oct 5 at 7:41PM
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 Renz & Renz
Investment Insights
Based on property information with market context.
This 738-square-foot office condominium was built in 2006 and is configured with two enclosed offices, a reception area, supply storage, and a tiled bathroom. The unit occupies an end position in a condominium row of eight other units and is part of an owners association. Interior improvements include oakwood wainscoting and cabinetry, with the buildout designed by J & E Architects and completed by Farotte Construction.
The property is across the street from Valley Medical Center and adjacent to Kaiser Permanente and an Amazon data center under construction. Walmart, Costco, and Gilroy Premium Outlets are also identified along the retail corridor.
The property is across the street from Valley Medical Center and adjacent to Kaiser Permanente and an Amazon data center under construction. Walmart, Costco, and Gilroy Premium Outlets are also identified along the retail corridor.
Key Highlights
- 738‑square‑foot office condominium built in 2006
- Two enclosed offices, reception area, supply storage, and tiled bathroom
- End‑cap position with full frontage and corner visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,962
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,240
$519.2K
Cap Rate 7%
$370,886
$370.9K
Cap Rate 9%
$288,467
$288.5K
Market Conditions
NOI Build-Up for 738 SF
Gross rent
$41.4K $56.04/SF
− Vacancy
−$6.7K −$9.13/SF
EGI
$34.6K $46.91/SF
− OpEx
−$8.7K −$11.73/SF
NOI
$26.0K $35.18/SF
Area
Santa Clara County, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,240
Cap Rate 7%
$370,886
Cap Rate 9%
$288,467
Alternative Uses
Best Use
Office B
$370.9K
$324.5K – $432.7K
NOI $25,962 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$445.5K
$389.9K – $519.8K
NOI $31,188 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two enclosed offices, reception space, storage, and a tiled bathroom create a practical professional layout.
Where is this office units located?
The property is located at 170-7500 Arroyo Cir Gilroy, CA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 738‑square‑foot office condominium built in 2006; Two enclosed offices, reception area, supply storage, and tiled bathroom; End‑cap position with full frontage and corner visibility
