7810 Monterey St
Gilroy, CA 95020
MAJOR PRICE REDUCTION · Office Property For Sale

Marcus & Millichap is pleased to be selected as an exclusive investment advisor in marketing for sale 7810 Monterey Road in Gilroy, CA. This offering is a great opportunity for an owner/user or developer to acquire a property with a great visibility and frontage on Downtown Gilroy’s main road. The lot size gives developers plenty of square footage to build and offers owner/users more than enough parking space for employees and visitors. The hard corner location provides great exposure to passing traffic, while also allowing for easy ingress and egress. The City of Gilroy is one of the most sought after locations south of silicon valley in Northern California. For this it is a planned stop for the proposed High Speed Rail line from San Francisco to Los Angeles. Over the past decade, Gilroy has been diversifying its economy to become a major retail and employment destination. Unlike other locations in the Bay Area, Gilroy has an abundance of land that is ready for development, including parcels zoned for commercial, industrial, or residential use. The City’s infrastructure is strong and ready to accommodate new growth. Gilroy’s workforce is talented, and local colleges have active programs to train students to meet specific employer needs. Already considered a major center for regional shopping, Gilroy offers three large retail complexes with a vast array of products and services. Gilroy’s retail market share attracts well over 200,000 shoppers and has taxable retail sales over $1 billion. It also has a vibrant historic downtown district, providing competitive opportunities for innovative retail and service-oriented businesses. The City of Gilroy is business-friendly and offers a wide range of incentive programs including one-stop permit processing, permit expediting and financial incentive programs for high sales tax or job-creation businesses. This offering is an extremely attractive opportunity for local and international investors looking to place capital in the unique and highly sought after locations just outside the main hub of Silicon Valley.