7660 Monterey Rd, Gilroy, CA 95020
Newer retail building with high ceilings, signage visibility on four sides, ADA restrooms, and on-site parking.
- Added:
- May 15, 2026
- Days on Market:
- 53
- Last Refresh:
- Jul 1 at 3:23 am
Property Features for 7660 Monterey Rd
General Information
- Standard status
- Active
- Size
- 3,534 SF
- Lot size
- 0.12 Acres
Listing office American West Properties (408) 800-7028
Listing date May 15, 2026
Source Exprealty
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 American West Properties
HighLights
- Commercial retail building in Gilroy Downtown Historic District (DHD), zoned Commercial Retail; mixed use allowed
- Approx. 3,534 SF building on an approx. 5,227 SF lot; built in 2011
- High identity building with signage visibility from all four sides
- Features high ceilings and two ADA restrooms
- Private on‑site parking with 5 spaces
- All current tenants are month‑to‑month
Overview
Located within the Gilroy Downtown Historic District (DHD), the property is a high-identity building designed to be seen from multiple directions. Current tenants are in place on month-to-month terms, providing flexibility for an operator evaluating the space for continued occupancy.
For tenants, buyers, or owner-users, the configuration supports a storefront-oriented retail presence with ADA access and convenient on-site parking. For an owner-user, the month-to-month tenancy structure may offer the ability to keep some tenants in place while positioning the property for their own use, supported by the building’s prominent, multi-direction signage visibility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.9k | $40.44 |
| − Vacancy | −$6.5k | −$1.85 |
| EGI | $136.4k | $38.59 |
| − OpEx | −$40.9k | −$11.58 |
| NOI | $95.5k | $27.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gilroy
- County
- Santa Clara
- State
- California
- Longitude
- -121.5703623
- Latitude
- 37.0111862
