121 Pierce St | Gilroy, CA 95020
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- LoopNet Team
121 Pierce St
Gilroy, CA 95020
Caliber Collision · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Market Leader: America’s largest collision repair company with 1,700+ locations in over 40 states, employing 25,000 people.
- Proven Location: Longstanding and proven site with performance across multiple economic cycles and a demonstrated long-term tenant commitment.
- Lease Extension: Recently extended lease by 5 years to 2030, with two additional 5-year option periods.
- Corporate Guarantee: Lease guaranteed by Caliber Bodyworks LLC.
- Strategic Location: Situated in a major automotive corridor, ensuring a steady flow of business.
- Annual Increases: Rental increases tied to CPI, capped at 6.5%.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,145 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.97 AC
Zoning
CM, Gilroy
Parking
100 Spaces (10.93 Spaces per 1,000 SF Leased)
Frontage
147’ on Pierce St
AMENITIES
- Fenced Lot
- Signage
PROPERTY TAXES
| Parcel Number | 790-27-007 | Improvements Assessment | $248,695 |
| Land Assessment | $528,190 | Total Assessment | $776,885 |
PROPERTY TAXES
Parcel Number
790-27-007
Land Assessment
$528,190
Improvements Assessment
$248,695
Total Assessment
$776,885
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