Property profile

0 Sec Cochrane & Butterfield Morgan Hill, CA 95037

OFF-MARKET
Retail properties & Spaces
471,250 SF
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Property summary

AI-generated overview

This exceptional commercial property, known as Evergreen Village, presents a unique investment opportunity in the thriving Morgan Hill, California market. Located at the intersection of Cochrane and Butterfield, this property boasts a total of 471,250 square feet of retail space across a single suite, situated on a sizable lot ranging from 1.8 to 7.05 acres. The property is zoned for general commercial use, providing significant flexibility for a variety of business ventures. Currently, there is minimal vacancy (1 square foot), indicating high occupancy and strong tenant demand. The property's strategic location in Santa Clara County, with a 95037 zip code, offers excellent access to major transportation routes and a robust consumer base. The multiple tenancy structure allows for diverse business opportunities, making it an ideal investment for both established businesses and new ventures. This expansive retail space presents a rare chance to acquire a significant commercial property in a high-growth area. The property's size and zoning provide ample room for expansion or redevelopment, catering to a wide range of business needs. With its prime location and substantial square footage, this property is poised for continued success and significant return on investment. The property is currently available for lease.

Property profile

Verified
Property type Retail properties & Spaces
Total area 471,250 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Sec Cochrane & Butterfield Morgan Hill, CA 95037
Morgan Hill metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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