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SPOTLIGHT

Leased Investment ~ The Garlic Farm (MOTIVATED)

5870 Monterey Rd., Gilroy, CA 95020

$6,250,000

42,570 SF | Industrial

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Industrial Property For Sale

Price:
$6,250,000
Building Size:
42,570 SF
Price/SF:
$146.82
Property Type:
Industrial
Property Sub-type:
Flex Space
Additional Sub-types:
Truck Terminal/ Hub/
Transit
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
6%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
2002
Clear Ceiling Height:
20 ft.
Lot Size:
8.20 AC
APN / Parcel ID:
841-14-080
Listing ID
18638528
Last Updated
21 days ago

Find Out More...

Utilities

  • Trailer Parking
  • Electricity/Power

Attachments

Description

SELLER MOTIVATED! FLEXIBLE ON PRICE & TERMS! CALL FOR MORE INFORMATION.The Garlic Farm is a premiere multi tenant industrial trucking center is comprised of 42,570 Sqft with 17 double drive through full service bays, storefront retail and some office. The Garlic Farm Center offers plenty of parking for both cars and full size trucks and lots of potential as it is located on 8.20 Acres of land.

The property is located on the Monterey Rd. exit off of Highway 101 in Gilroy. 1 minute from Hwy 101 and 3 minutes from Hwy 152.

Also located within the truck stop is a Cat Scale, truck fueling station, motel, RV Park, several National Credit Restaurants and Gas stations including Chevron, Shell, Carl' s Jr., Jack in the Box, KFC, A&W etc.

Financial Summary

Major Tenant Information

  • Actual
  • 2014
  • $415,140
  • $39,643
  • $375,497

Map of 5870 Monterey Rd., Gilroy, CA 95020 (Santa Clara County)

Research for 5870 Monterey Rd., Gilroy, CA 95020 (Santa Clara County)

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Contact Listing Broker to find out more details.

Presented by Renz & Renz – Investment & Commercial Brokerage
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Asking Price Index Trends for Gilroy, CA Industrial For Sale

  Aug 14 vs. 3 mo.
prior
Y-O-Y
-
State
$118+2.0%+6.8%
-
Metro
$159+3.3%+6.9%
-
County
$167+3.1%+6.4%

View Gilroy Market Trends for other property types for sale or lease. Learn more about the chart info.

Leased Investment ~ The Garlic Farm (MOTIVATED)
  • Industrial
  • $6,250,000
  • 42,570 SF