Ground-Leased Chevron Gas
For Sale
Contact for pricing
875 Blossom Hill Road, San Jose, CA 95123
Long-term ground lease to Chevron featuring planned retail building upgrades and a raised canopy.
Property Size2,700 SF
Days on Market125
Property Features for 875 Blossom Hill Road
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Retail, Land
Occupancy
100%
Site & Location
Traffic Count
46,276 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
EB Mason CRE
(408) 913-6928
Listed By:
Brian Mason · License #CA 01229363
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 7:16AM
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 EB Mason CRE
Investment Insights
Based on property information with market context.
This property is offered as a long-term ground lease investment currently leased to Chevron. The seller states the asset will be conveyed “AS IS where is.” Chevron received approvals from the City of San Jose in October 2016 to demolish the existing main building and construct a new approximately 2,700 square foot retail building, described as triple the existing retail sales floor area. The front pumps are planned to be demolished and relocated, and the canopy is planned to be raised an additional four feet to accommodate larger delivery trucks. The store manager also indicates existing fuel sales are approximately 300,000 gallons per month and retail store sales are approximately $100,000 per month.
The site is positioned on the “right side” of the road for commuting to work and is located at the entrance to the on-ramp for Hwy 87. The remarks cite an average of 46,276 vehicles per day at the intersection of Blossom Hill and Santa Teresa.
Following the stated renovations and with a beer and wine sales license pursued by Chevron, the store manager indicates fuel sales would increase by 20% and retail sales would approach nearly 50% of total sales.
The site is positioned on the “right side” of the road for commuting to work and is located at the entrance to the on-ramp for Hwy 87. The remarks cite an average of 46,276 vehicles per day at the intersection of Blossom Hill and Santa Teresa.
Following the stated renovations and with a beer and wine sales license pursued by Chevron, the store manager indicates fuel sales would increase by 20% and retail sales would approach nearly 50% of total sales.
Key Highlights
- Long‑term ground lease investment leased to Chevron (credit tenant).
- Chevron received City of San Jose approvals in October 2016 to demolish the existing building and construct a new ~2,700 SF retail building.
- Plans include triple the existing retail sales floor area and demolition/relocation of existing front pumps.
Property Analytics
Property Profile
Current Use
Lease Details
46,276 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
795k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Apparel 31%
Superstores 20%
Groceries 7%
Target
Superstores
162,949 visits/mo
0.1 miles
Macy's
Apparel
104,081 visits/mo
0.3 miles
In-N-Out Burger
Dining
75,318 visits/mo
0.2 miles
Kohl's
Apparel
75,298 visits/mo
0.2 miles
Nordstrom Rack
Apparel
45,074 visits/mo
0.3 miles
Demographics for 95123, CA
70,040
Population
25,023
Households
2.8
Avg Household Size
38
Median Age
45%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
8,979
Density / Sq Mi
$136,364
Median Household Income
$64,536
Median Earnings
$2,953
Median Rent
$1,108,100
Median Home Value
Market
Vacancy Rate% for Retail in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Gas station - Long-term ground lease to Chevron featuring planned retail building upgrades and a raised canopy.
Where is this gas station located?
The property is located at 875 Blossom Hill Road San Jose, CA.
What are key features of this property?
This property features: Long‑term ground lease investment leased to Chevron (credit tenant).; Chevron received City of San Jose approvals in October 2016 to demolish the existing building and construct a new ~2,700 SF retail building.; Plans include triple the existing retail sales floor area and demolition/relocation of existing front pumps.
