Net Leased Single Tenant | Bruce's Tires

  SOLD April 2023 for $2,625,000

7700 Monterey Street, Gilroy, California 95020


Documents
Building Size6,788 Square Feet
Land Size27,007 Square Feet
ZoningC2 - Commercial
WaterCity
SewerCity
ElectricCity
Year Built1998
Traffic Count11,600

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.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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