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NEC of E 10th Street and Chestnut Street
Gilroy, CA 95020

Price Upon Request

Fast Food For Sale  •  2,365 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,365 SF
  • Lot Size 0.96 AC
  • Building Class B
  • Year Built 2024
  • Tenancy Single
0 Transit Score
82 Walk Score

Highlights

Best in class, e-commerce resistant tenancy - new 20-year absolute net ground lease with no landlord obligations
Strong inflation protection: Starbucks rent increases 10% every 5 years
Strategically located at the foot of the off/on ramp from Highway 101 (over 104K VPD) and strong visibility with 80’ pylon sign
New double drive-thru site on busy E 10th Street (Hwy 152) with traffic counts over 31,300 VPD
Part of the new construction Plaza Allium center featuring popular co-tenants such as Chick-fil-A, Circle K, and the Hyatt Place Hotel (120 keys)
Affluent surrounding demographics with an average household income over $146,600 and population over 55,900 within 3 miles of the property

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Gilroy (Caltrain - Caltrain (Caltrain)) 2 min 13 min 0.7 mi
San Martin (Caltrain - Caltrain (Caltrain)) 10 min - 7.7 mi