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End-Cap Office Condominium
New
For Sale
$540,000

7500 Arroyo Circle #170, Gilroy, CA 95020

The finished suite includes two private offices, a reception area, supply storage, and a tiled bathroom.

Property Size738 SF
Price / SF$731.71
Days on Market5

Property Features for 7500 Arroyo Circle #170

General Information

Standard status Active
Size 738 SF
Property subtype Commercial

Amenities

Central air
Carpet Flooring
Ceiling Fan Cooling
Central Air Cooling
Central Forced Air Heating
Flat/Low Pitch Roof
Grab Bars
Handicapped Bathroom Features
Off Street Parking
Tile Flooring
Unassigned Spaces
Wheelchair Access

Building Details

Year Built 2006
Tenancy Multi
Listing Agency: RENZ & RENZ
Listed By: GEORGE RENZ · License #00854816
Source: Corcoran
Added: Oct 3 Changed: Oct 6 Last Checked: Oct 6 at 2:36AM

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 commercial condominium was built in 2006 and occupies an end-cap position in a row of nine units. Its interior includes two enclosed offices, reception space, supply storage, and a tiled bathroom. Oak wainscoting and cabinetry contribute Craftsman/Mission-style detailing. The property is part of an owners association.

The office is on Arroyo Circle in Gilroy, across from Valley Medical Center and adjacent to Kaiser Permanente. Walmart, Costco, and Gilroy Premium Outlets are identified along the nearby retail corridor; an Amazon data center was under construction when the property information was prepared.

Key Highlights

  • 738‑square‑foot commercial office condominium, built in 2006
  • End‑cap unit in a row of nine condominiums
  • 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 (±1% cap)
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 (±1% cap)
NOI $31,188 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

CCI Tech Tech Support Center Baby Nutritional Care Physician Supplement Pro (Bike/Boat/Book/etc) Store SILICON VALLEY ABA ... High School Red Roots Landscaping

Suggested Use

Top Pick Storage Facility Electrical Service Garden Center Veterinary Clinic Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - The finished suite includes two private offices, a reception area, supply storage, and a tiled bathroom.
Where is this office units located?
The property is located at 7500 Arroyo Circle #170 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 commercial office condominium, built in 2006; End‑cap unit in a row of nine condominiums; Two enclosed offices, reception area, supply storage, and tiled bathroom
More about this property
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