Office Condominium with End-Cap
For Sale
$540,000
7500 Arroyo Circle, Gilroy, CA 95020
Two enclosed offices, reception space, storage, and a tiled bathroom provide a functional professional-office layout.
Property Size738 SF
Price / SF$731.71
Days on Market26
Property Features for 7500 Arroyo Circle
General Information
Standard status
Active
Size
738 SF
Property subtype
Commercial
Zoning
M1
Additional Details
Condition
Built-Out
Office Units
1
Property Use
Office
Building Details
Building Size
738 SF
Year Built
2006
Listing Agency:
EQUITY FIRST REAL ESTATE
Listed By:
Milly Barros · License #01291981
(925) 634-9400
Source:
Equityfirstre
Added: Sep 29
Changed: Oct 23
Last Checked: Oct 23 at 5:28PM
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 EQUITY FIRST REAL ESTATE
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Investment Insights
Based on property information with market context.
Built in 2006, this 738-square-foot office condominium has two enclosed offices, a reception area, supply storage, and a tiled bathroom. The end-cap unit is part of an eight-unit commercial condominium building governed by an owners association. Its interior features oakwood wainscoting and cabinetry, with Craftsman/Mission-style design elements. The property is zoned M1.
The office sits along a retail corridor near Walmart, Costco, and Gilroy Premium Outlets. Valley Medical Center is across the street, while Kaiser Permanente and an Amazon data center under construction are adjacent.
The office sits along a retail corridor near Walmart, Costco, and Gilroy Premium Outlets. Valley Medical Center is across the street, while Kaiser Permanente and an Amazon data center under construction are adjacent.
Key Highlights
- 738‑square‑foot office condominium built in 2006
- End‑cap position in an eight‑unit commercial condominium building
- Two enclosed offices, reception area, supply storage, and tiled bathroom
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.
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two enclosed offices, reception space, storage, and a tiled bathroom provide a functional professional-office layout.
Where is this office unit located?
The property is located at 7500 Arroyo Circle 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; End‑cap position in an eight‑unit commercial condominium building; Two enclosed offices, reception area, supply storage, and tiled bathroom
