Grocery and Fitness-Anchored
260 East 10th Street, Gilroy, CA 95020
For Sale
New
Contact for pricing
The tenant lineup includes a grocery store, fitness club, auto parts retailer, and quick-service restaurant.
Property Size124,451 SF
Lot Size13.04 Acres
Price / SF$241.06
Days on Market6
Property Features for 260 East 10th Street
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Anchor Co-Tenants
Tenant in Place
Building Details
Tenancy
Listing Agency:
CBRE - Orange County
Listed By:
Jay Gomez · License #CA 01364065
(831) 325-9847
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 3:31PM
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
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Investment Insights
Based on property information with market context.
This shopping center at 260 East 10th Street in Gilroy encompasses approximately 124,451 SF on 13.04 acres. Smart & Final, Crunch Fitness, O'Reilly Auto Parts, and Taco Bell are among its tenants, providing a mix of grocery, fitness, automotive retail, and restaurant uses.
Approximately 25,153 SF is identified as a lease-up opportunity. The center is located in Gilroy, California.
Approximately 25,153 SF is identified as a lease-up opportunity. The center is located in Gilroy, California.
Key Highlights
- Approximately 124,451 SF of shopping center space on 13.04 acres
- Approximately 25,153 SF identified as a lease‑up opportunity
- Tenant lineup includes Smart & Final, Crunch Fitness, O'Reilly Auto Parts, and Taco Bell
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,316,282
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$46,325,640
$46.3M
Cap Rate 7%
$33,089,743
$33.1M
Cap Rate 9%
$25,736,467
$25.7M
Market Conditions
NOI Build-Up for 124,451 SF
Gross rent
$3.29M $26.40/SF
− Vacancy
−$197.1K −$1.58/SF
EGI
$3.09M $24.82/SF
− OpEx
−$772.1K −$6.20/SF
NOI
$2.32M $18.61/SF
Area
Santa Clara County, CA
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$46,325,640
Cap Rate 7%
$33,089,743
Cap Rate 9%
$25,736,467
Alternative Uses
Best Use
Retail
$48.02M
$42.02M – $56.03M
NOI $3,361,607 @ 7.0% cap · market cap 11.21%
Second Best
Specialty Retail
$33.09M
$28.95M – $38.60M
NOI $2,316,282 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$75.13M
$65.74M – $87.66M
NOI $5,259,308 @ 7.0% cap · market cap 17.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
306k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Superstores 26%
Shops & Services 21%
Groceries 9%
Target
Superstores
79,161 visits/mo
0.5 miles
Chick-fil-A
Dining
54,300 visits/mo
0.3 miles
Starbucks
Dining
21,469 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
18,447 visits/mo
0.3 miles
Wendy's
Dining
14,425 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Gilroy Village — Gilroy, CA 95020
- South Valley Plaza Shopping Center — 6940 Chestnut St, Gilroy, CA 95020
- Gilroy Crossing — 6955 Camino Arroyo Dr, Gilroy, CA 95020
- Novedades Los Koras — 7243 monterey rd, gilroy, ca 95020
- Laurel Square — Gilroy, CA 95020
Frequently Asked Questions
What type of property is this?
Shopping center - The tenant lineup includes a grocery store, fitness club, auto parts retailer, and quick-service restaurant.
Where is this shopping center located?
The property is located at 260 East 10th Street Gilroy, CA.
What is the asking price?
The asking price for this property is $30,000,000.
What are key features of this property?
This property features: Approximately 124,451 SF of shopping center space on 13.04 acres; Approximately 25,153 SF identified as a lease‑up opportunity; Tenant lineup includes Smart & Final, Crunch Fitness, O'Reilly Auto Parts, and Taco Bell
