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8555 San Ysidro Ave 69,176 SF Vacant Retail Building Gilroy, CA 95020 $8,500,000 ($122.87/SF) 18.72% Cap Rate



Investment Highlights
- Secure a value-add opportunity to acquire a 69,176 square foot multi-tenant freestanding former premium outlet at 8555 San Ysidro Avenue.
- Take advantage of the rare vacant delivery at closing to enable a seamless takeover free of leases, TI obligations, or co-tenancy restrictions.
- Ideal repositioning canvas for today's retail demand, with opportunities to add new signage and enhance the robust dedicated parking.
- Experience irreplaceable US Highway 101 visibility and exposure, with whopping traffic counts exceeding 100,000 vehicles per day.
- Proven retail corridor and established destination, home to retailers such as Target, Costco, Best Buy, Kohl’s, Home Depot, Marshalls, and HomeGoods.
- Conveniently located adjacent to the Gilroy Premium Outlets and with direct access off Highway 101, and just 20 miles south of Silicon Valley.
Executive Summary
The entire 69,176-square-foot building is available for sale as a value-add multi-tenant retail opportunity. Expected to be delivered completely vacant, the new owner can embark on a clean execution from day one, with no existing leases, no TI obligations, and no co-tenancy entanglements. This offering is perfect for a wide range of retail, fitness, medical, and service uses. The former owner had planned exterior upgrades, including new signage, to further enhance the property’s presence.
The property offers exceptional visibility along US Highway 101, delivering exposure to over 100,000 vehicles per day and immediate access to one of the region’s most established retail corridors. Adjacent to the Gilroy Premium Outlets, 8555 San Ysidro Avenue benefits from one of Northern California’s strongest retail draws, attracting over 3 million visitors annually. This high-performing retail environment is supported by a deep roster of national brands, creating consistent traffic and long-term stability in the trade area.
Gilroy continues to emerge as a high-growth market supported by strong household incomes and an expanding population base. The area benefits from both local residents and regional visitors, creating a diverse and dependable customer profile for retailers and service providers.
Property Facts
Amenities
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This large-format suite provides a highly visible frontage with direct sight lines from Highway 101 and San Ysidro Avenue. The spacious interior layout is suitable for big box users, entertainment, or fitness concepts seeking a dominant regional presence. Ample parking and strong co-tenancy create exceptional synergy for high customer engagement.
Featuring excellent visibility and efficient access, this suite supports a mid-size retail or specialty user. Its positioning near the primary entrance maximizes traffic flow and storefront exposure. Multiple design possibilities allow for a strong identity within a thriving retail environment.
Strategically located near the center of the property, this suite benefits from consistent customer activity throughout the center. Floorplan flexibility enables a variety of uses from health and wellness to soft goods retail. New exterior enhancements will amplify curb appeal and attract shoppers.
This efficiently sized suite is perfect for boutique retail or quick-service concepts. Positioned among complementary tenants, it capitalizes on steady foot traffic and strong visibility along the main drive aisle. Ample shared parking reinforces customer convenience.
Well-suited for retail showroom or specialty services, this suite combines prime visibility with operational efficiency. Its flexible layout supports creative merchandising options. Convenient site access and visibility to Highway 101 increase the property’s market impact.
Compact yet functional, this suite delivers maximum exposure for small-format retailers or service providers. Benefiting from strong traffic counts and adjacent national brands, it offers a cost-effective strategy for market penetration. Exterior signage will ensure additional visibility.
With ample depth and an adaptable layout, Suite D080 is ideal for vibrant retail or wellness concepts. Positioned to draw traffic from the property’s central flow, it offers excellent access and visibility. Planned upgrades enhance the opportunity for a fresh retail environment.
Designed for efficiency and convenience, this suite allows smaller retailers to capture strong area demand. Located within a high-exposure retail hub, it benefits from abundant parking and regional traffic draws. The property’s revitalized exterior will further strengthen brand image.
Perfect for lifestyle retail or service users, this centrally located suite enhances visibility within the corridor. It accommodates diverse design concepts to align with modern tenant needs. Ample parking and safe pedestrian flow support the customer experience.
This easily accessible space provides high-impact branding opportunities facing primary traffic routes. Its adaptable layout ensures usability for multiple retail categories. Co-location with prominent regional tenants offers synergy for sustained activity.
This efficiently sized suite is ideal for boutique retail or service-oriented businesses. It offers excellent storefront visibility and convenient access from San Ysidro Avenue, ensuring steady customer exposure. Positioned near strong co-tenancy and abundant parking, the suite benefits from Gilroy’s vibrant retail corridor and high daily traffic volumes.
Balancing storefront exposure with functional depth, Suite D115 offers merchandising flexibility for retailers. Located near popular traffic zones within the center, it supports an active customer base. Exterior improvements will enhance property aesthetics for future tenants.
Offering significant display capacity, this suite is designed for larger retail footprints or specialty operators. Its prominent building position ensures standout visibility from inbound traffic. Structural attributes allow for versatile build-out configurations.
Positioned toward a dominant visibility line, this suite combines operational scale with branding opportunities. Suitable for a range of uses from home décor to experiential retail, it offers direct access and parking convenience. Co-tenancy diversity maximizes customer capture rates.
One of the larger options within the property, this suite showcases expansive frontage and branding potential. Its open layout provides a blank canvas for tenant design needs. Accessibility and traffic exposure combined with the property’s planned upgrades create a compelling leasing proposition.
| Space | Size | Space Use | Position | Available |
| D010 | 12,026 SF | Retail | End Cap | Now |
| D020 | 6,298 SF | Retail | In-Line | Now |
| D040 | 6,000 SF | Retail | In-Line | Now |
| D050 | 2,518 SF | Retail | In-Line | Now |
| D060 | 3,298 SF | Retail | In-Line | Now |
| D070 | 2,886 SF | Retail | In-Line | Now |
| D080 | 4,444 SF | Retail | In-Line | Now |
| D090 | 2,158 SF | Retail | In-Line | Now |
| D100 | 2,768 SF | Retail | In-Line | Now |
| D110 | 2,998 SF | Retail | In-Line | Now |
| D113 | 1,996 SF | Retail | In-Line | Now |
| D115 | 3,347 SF | Retail | In-Line | Now |
| D135 | 7,440 SF | Retail | In-Line | Now |
| D145 | 5,140 SF | Retail | In-Line | Now |
| D146 | 5,859 SF | Retail | End Cap | Now |
D010
| Size |
| 12,026 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
D020
| Size |
| 6,298 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D040
| Size |
| 6,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D050
| Size |
| 2,518 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D060
| Size |
| 3,298 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D070
| Size |
| 2,886 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D080
| Size |
| 4,444 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D090
| Size |
| 2,158 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D100
| Size |
| 2,768 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D110
| Size |
| 2,998 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D113
| Size |
| 1,996 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D115
| Size |
| 3,347 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D135
| Size |
| 7,440 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D145
| Size |
| 5,140 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D146
| Size |
| 5,859 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
D010
| Size | 12,026 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
This large-format suite provides a highly visible frontage with direct sight lines from Highway 101 and San Ysidro Avenue. The spacious interior layout is suitable for big box users, entertainment, or fitness concepts seeking a dominant regional presence. Ample parking and strong co-tenancy create exceptional synergy for high customer engagement.
D020
| Size | 6,298 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Featuring excellent visibility and efficient access, this suite supports a mid-size retail or specialty user. Its positioning near the primary entrance maximizes traffic flow and storefront exposure. Multiple design possibilities allow for a strong identity within a thriving retail environment.
D040
| Size | 6,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Strategically located near the center of the property, this suite benefits from consistent customer activity throughout the center. Floorplan flexibility enables a variety of uses from health and wellness to soft goods retail. New exterior enhancements will amplify curb appeal and attract shoppers.
D050
| Size | 2,518 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This efficiently sized suite is perfect for boutique retail or quick-service concepts. Positioned among complementary tenants, it capitalizes on steady foot traffic and strong visibility along the main drive aisle. Ample shared parking reinforces customer convenience.
D060
| Size | 3,298 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Well-suited for retail showroom or specialty services, this suite combines prime visibility with operational efficiency. Its flexible layout supports creative merchandising options. Convenient site access and visibility to Highway 101 increase the property’s market impact.
D070
| Size | 2,886 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Compact yet functional, this suite delivers maximum exposure for small-format retailers or service providers. Benefiting from strong traffic counts and adjacent national brands, it offers a cost-effective strategy for market penetration. Exterior signage will ensure additional visibility.
D080
| Size | 4,444 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
With ample depth and an adaptable layout, Suite D080 is ideal for vibrant retail or wellness concepts. Positioned to draw traffic from the property’s central flow, it offers excellent access and visibility. Planned upgrades enhance the opportunity for a fresh retail environment.
D090
| Size | 2,158 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Designed for efficiency and convenience, this suite allows smaller retailers to capture strong area demand. Located within a high-exposure retail hub, it benefits from abundant parking and regional traffic draws. The property’s revitalized exterior will further strengthen brand image.
D100
| Size | 2,768 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Perfect for lifestyle retail or service users, this centrally located suite enhances visibility within the corridor. It accommodates diverse design concepts to align with modern tenant needs. Ample parking and safe pedestrian flow support the customer experience.
D110
| Size | 2,998 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This easily accessible space provides high-impact branding opportunities facing primary traffic routes. Its adaptable layout ensures usability for multiple retail categories. Co-location with prominent regional tenants offers synergy for sustained activity.
D113
| Size | 1,996 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This efficiently sized suite is ideal for boutique retail or service-oriented businesses. It offers excellent storefront visibility and convenient access from San Ysidro Avenue, ensuring steady customer exposure. Positioned near strong co-tenancy and abundant parking, the suite benefits from Gilroy’s vibrant retail corridor and high daily traffic volumes.
D115
| Size | 3,347 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Balancing storefront exposure with functional depth, Suite D115 offers merchandising flexibility for retailers. Located near popular traffic zones within the center, it supports an active customer base. Exterior improvements will enhance property aesthetics for future tenants.
D135
| Size | 7,440 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Offering significant display capacity, this suite is designed for larger retail footprints or specialty operators. Its prominent building position ensures standout visibility from inbound traffic. Structural attributes allow for versatile build-out configurations.
D145
| Size | 5,140 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Positioned toward a dominant visibility line, this suite combines operational scale with branding opportunities. Suitable for a range of uses from home décor to experiential retail, it offers direct access and parking convenience. Co-tenancy diversity maximizes customer capture rates.
D146
| Size | 5,859 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
One of the larger options within the property, this suite showcases expansive frontage and branding potential. Its open layout provides a blank canvas for tenant design needs. Accessibility and traffic exposure combined with the property’s planned upgrades create a compelling leasing proposition.
Demographics
Demographics
Nearby Major Retailers
Property Taxes
| Parcel Number | 835-04-062 | Improvements Assessment | $1,000,000 |
| Land Assessment | $5,700,000 | Total Assessment | $6,700,000 |
Property Taxes
Presented by
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8555 San Ysidro Ave
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