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1051-1059 1st St
Gilroy, CA 95020
Mira Loma Plaza · Retail Property For Sale
Investment Highlights
- 94% occupied retail strip center anchored by O’Reilly Auto Parts located on the main thoroughfare in Gilroy
- Four of the six tenants have built-in contractual rent increases, providing a hedge against inflation
- Stable Income from a diverse rent roll that includes a synergistic mix of national and local tenants with contractual rent increases.
- Hard corner lot on ±2.7 acres with excellent visibility and long-term redevelopment potential
Property Facts
Property Type
Building Size
22,754 SF
Building Class
B
Year Built
1980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.27 AC
Zoning
C3
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 790-41-067 | Improvements Assessment | $4,669,315 |
| Land Assessment | $2,653,020 | Total Assessment | $7,322,335 |
Property Taxes
Parcel Number
790-41-067
Land Assessment
$2,653,020
Improvements Assessment
$4,669,315
Total Assessment
$7,322,335
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