$15,500,000.00

For Sale | See Grins RVs – 7900 Arroyo Circle | Gilroy, CA

Description

Mahoney & Associates is pleased to offer for sale 7900 Arroyo Circle, Gilroy, CA (See Grins RVs) The building has 125,597 SF plus an additional 5,000 SF of covered area. The building was originally owned and occupied by Wal-Mart, but they required a larger store and relocated several miles to the south. 

Highlights

  • Large Highway 101 frontage
  • Highway 101 traffic counts 212,600 cars per day
  • Surrounded by high-end retail and office near the well known and very successful Gilroy Outlet Mall with 126 Brand Name Stores
  • Premier retail location
  • High visibility

*Zoning

When Wal-Mart sold the property to a previous owner in December of 2004, they required a Deed Restriction expiring in 25 years, or December 2029. This restriction reads as follows: “Grantee covenants that the Property will not be used for or in support of the following: a general merchandise discount retail store, a wholesale membership club or warehouse club, or a grocery store or supermarket in excess of thirty thousand (30,00) square feet. Notwithstanding the foregoing, the aforementioned restrictions shall not apply to Wal-Mart Stores, Inc. or any parent company, affiliate, subsidiary, or related company.”

Details

Price : $15,500,000.00
Address : 7900 Arroyo Circle
City : Gilroy
State : CA
Zip Code : 95020
Property Type : Investment
Secondary Type : Retail
Purpose : Sell
Status : Normal
Building Size : 125,597
Lot Size : 13.7 Acres (596,772 SF)
Zoning : *C3
Property ID : 977

Attachments

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John Mahoney
DRE#00909373
I consent to have this site collect my Name, Email, and Phone.


Chris Tonini
DRE#02088036
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CONTACT US

Phone: (831) 646-1919
Fax: (831) 646-1115
Email Us: info@mahoneycommercial.com

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