18590 Skipper Ln | Morgan Hill, CA 95037
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18590 Skipper Ln
Morgan Hill, CA 95037
7-Eleven · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2021 Build to Suit for 7-Eleven | Store Includes Gas Station, Car Wash and Full Convenience Store | 3,700-SF Building on a +/-1.31 Acre Parcel
- 10% Rental Increases Every 5 Years and in Each of Three, 5 Year Renewal Options | Corporately Guaranteed Lease
- Heavy Development In the Area: Evergreen Village Has Four Projects Currently Under Construction Including Taco Bell, Holiday Inn Express, & More
- New 15-Year Absolute Net Lease With 11+ Years Remaining and No Landlord Responsibilities
- Located Within Evergreen Village, a New 20-Acre Mixed Use Center Featuring Retail, Restaurants, Office, Medical and More
- High Visibility Along Cochrane Road With 30,500+ Vehicles Per Day | Hard, Signalized Corner Location With Easy Access From All Traffic Directions
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,700 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.31 AC
Zoning
PUD - Planned Unit Development
Parking
14 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
216’ on Skipper Lane
AMENITIES
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Accent Lighting
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 726-58-005 | Improvements Assessment | $1,899,562 |
| Land Assessment | $2,790,977 | Total Assessment | $4,690,539 |
PROPERTY TAXES
Parcel Number
726-58-005
Land Assessment
$2,790,977
Improvements Assessment
$1,899,562
Total Assessment
$4,690,539
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