Net Leased Single Tenant | Bruce's Tires
SOLD April 2023 for $2,625,000
7700 Monterey Street, Gilroy, California 95020
| Building Size | 6,788 Square Feet |
| Land Size | 27,007 Square Feet |
| Zoning | C2 - Commercial |
| Water | City |
| Sewer | City |
| Electric | City |
| Year Built | 1998 |
| Traffic Count | 11,600 |
This Bruce's Tires is an attractive 9 bay automotive repair facility has an irreplaceable location (City of Gilroy will not allow automotive retail on Monterey Street & other prominent streets in town). Bruce's Tires has 14 years remaining on the lease and three 5-year options with 12.5% - 15% rental increases along with corporate guarantors, and excellent credit. Sun Auto Tire & Service (Parent Company) has over 350 locations. Landlord is responsible for part of property tax increase upon sale.
Agent
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Office Phone: (408) 846-1031Fax: (408) 846-1042
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.