Los Gatos Retail
For Sale
Contact for pricing
320 Village Ln, Los Gatos, CA
Retail property for sale in Los Gatos, California.
Property Size4,095 SF
Lot Size0.17 Acres
Price / SF$1,404
Days on Market517
Property Features for 320 Village Ln
General Information
Standard status
Active
Size
4,095 SF
Lot size
0.17 Acres
Property subtype
RETAIL
Listing Agency:
Colliers | Silicon Valley
(408) 282-3862
Listed By:
John Machado · License #CA-00876747
Source:
Moodyscre
Added: Mar 24, 2025
Changed: Aug 16
Last Checked: Aug 21 at 3:29PM
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 Colliers | Silicon Valley
Investment Insights
Based on property information with market context.
This retail property, offering both owner-user and investment potential, is located in Los Gatos, California. The building has a size of 4095 square feet.
Key Highlights
- Investment Opportunity: A chance to grow your portfolio.
- Owner User Opportunity: Design the space to fit your needs.
- Additional Property Details: See listing for specific information.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$163,906
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,278,120
$3.3M
Cap Rate 7%
$2,341,514
$2.3M
Cap Rate 9%
$1,821,178
$1.8M
Market Conditions
NOI Build-Up for 4,095 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$245.7K $60.00/SF
− Vacancy
−$11.5K −$2.82/SF
EGI
$234.2K $57.18/SF
− OpEx
−$70.2K −$17.15/SF
NOI
$163.9K $40.03/SF
Area
Santa Cruz County, CA
Vacancy
4.70%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,278,120
Cap Rate 7%
$2,341,514
Cap Rate 9%
$1,821,178
Alternative Uses
Best Use
Retail
$2.34M
$2.05M – $2.73M
NOI $163,906 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,704
Businesses Nearby
161k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Groceries 28%
Dining 18%
Electronics 7%
Safeway
Groceries
43,257 visits/mo
0.3 miles
Starbucks
Dining
12,224 visits/mo
0.3 miles
Apple Store
Electronics
11,937 visits/mo
0.3 miles
Bank of America
Shops & Services
10,262 visits/mo
0.1 miles
Petco
Shops & Services
8,227 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Retail property for sale in Los Gatos, California.
Where is this retail property located?
The property is located at 320 Village Ln Los Gatos, CA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Investment Opportunity: A chance to grow your portfolio.; Owner User Opportunity: Design the space to fit your needs.; Additional Property Details: See listing for specific information.
