Ground-Leased EV Charging
7050 Chestnut Street, Gilroy, CA 95020
For Sale
Contact for pricing
The 15-year ground lease to IONNA includes annual rent increases of 2.50%.
Property SizeContact for details
Lot Size1.02 Acres
Days on Market35
Property Features for 7050 Chestnut Street
General Information
Standard status
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Tenancy
Listing Agency:
Fisher James Capital
Listed By:
Vahe Nokhoudian · License CA #01963342
(626) 484-4034
Source:
Crexi
Added: Oct 7
Changed: Nov 10
Last Checked: Nov 10 at 2:34PM
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 Fisher James Capital
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This newly constructed EV charging property occupies 1.02 acres and includes 12 charging stalls alongside 8 surface parking spaces. IONNA leases the site under a 15-year ground lease with 2.50% annual rent increases.
The property is situated at the U.S. Highway 101 ramps, where the route carries approximately 107,100 vehicles per day, and near the junction of E. 10th Street and Highway 152, which sees more than 31,300 vehicles daily. It forms part of Plaza Allium, a retail and hospitality center with Starbucks, Chick-fil-A, Circle K and Blue Wave Car Wash, as well as a future 120-key Hyatt Place Hotel. The surrounding commercial area includes shopping centers anchored by Costco, Walmart, Lowe’s, Target, Kohl’s, Smart & Final and Burlington, along with auto dealerships and industrial, manufacturing and distribution facilities.
The property is situated at the U.S. Highway 101 ramps, where the route carries approximately 107,100 vehicles per day, and near the junction of E. 10th Street and Highway 152, which sees more than 31,300 vehicles daily. It forms part of Plaza Allium, a retail and hospitality center with Starbucks, Chick-fil-A, Circle K and Blue Wave Car Wash, as well as a future 120-key Hyatt Place Hotel. The surrounding commercial area includes shopping centers anchored by Costco, Walmart, Lowe’s, Target, Kohl’s, Smart & Final and Burlington, along with auto dealerships and industrial, manufacturing and distribution facilities.
Key Highlights
- 12 EV charging stalls and 8 surface parking spaces on 1.02 acres
- IONNA ground lease for 15 years with 2.50% annual rent increases
- At U.S. Highway 101 ramps carrying approximately 107,100 vehicles per day
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,379
Businesses Nearby
957k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 28%
Superstores 24%
Dining 23%
Apparel 12%
Costco Wholesale
Superstores
150,096 visits/mo
0.4 miles
Target
Superstores
79,161 visits/mo
0.4 miles
Costco Gasoline
Shops & Services
70,273 visits/mo
0.4 miles
Marshalls
Apparel
55,324 visits/mo
0.4 miles
Chick-fil-A
Dining
54,300 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
- U-Haul Neighborhood Dealer — 6310 Monterey Rd, Gilroy, CA 95020
- U-Haul Neighborhood Dealer — 6991 Monterey Rd, Gilroy, CA 95020
- Enterprise Rent-A-Car — 6900 Automall Pkwy, Gilroy, CA 95020
- Hertz — 6981 cameron blvd, gilroy, ca 95020
- Hertz Car Rental - Gilroy HLE — 6981 Cameron Blvd Suite B, Gilroy, CA 95020
Frequently Asked Questions
What type of property is this?
Automotive property - The 15-year ground lease to IONNA includes annual rent increases of 2.50%.
Where is this automotive property located?
The property is located at 7050 Chestnut Street Gilroy, CA.
What is the asking price?
The asking price for this property is $3,140,000.
What are key features of this property?
This property features: 12 EV charging stalls and 8 surface parking spaces on 1.02 acres; IONNA ground lease for 15 years with 2.50% annual rent increases; At U.S. Highway 101 ramps carrying approximately 107,100 vehicles per day
