7060 Chestnut St
Gilroy, CA 95020
Chick-Fil-A Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-Year Corporate Absolute NNN Ground Lease to Chick-fil-A with No Landlord Maintenance Responsibilities
- 2024 Construction with Double Drive-Thru Component
- E 10th Street/Pacheco Pass Highwayy (152) at Highway 101 is the Dominant Retail Node in Gilroy Featuring Several Major Shopping Centers
- Strong Inflation Protection – 10% Rental Increases Every 5 Years
- Rare New Construction Northern California Net Lease Investment Opportunity
- Affluent Surrounding Demographics with an Average Household Income Over $145,000 and Population of Over 55,000 within 3 Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.27 AC
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 841-66-015 | Improvements Assessment | $323,944 |
| Land Assessment | $428,082 | Total Assessment | $752,026 |
