5
MIKE CATTUZZO Senior Vice President +1 916 617 4269 [email protected] LIC #00671468 400 Capitol Mall, Suite 1800 Sacramento, CA, 95814 +1 916 288 2800 cushmanwakefield.com Highway 101 & Monterey Road, Gilroy, CA FOR SALE | ±1.87 ACRE DEVELOPMENT OPPORTUNITY Cushman & Wakefield Copyright 2015. The information contained herein was lawfully obtained from sources we consider reliable. Cushman & Wakefield is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation. y Commercial development opportunity consisting of ±1.87 acres of (CM - Commercial Manufacturing Zone Property) y Intersection of Highway 101 and Montorey Road / Travel Park Circle y Great visibility from Highway 101 y Superior ingress/egress to site and Highway 101 y Ideal for fast food, gas stations, hotels and other freeway commercial use y Site across from the future Hampton Inn and Suites (100 rooms) y Close to multiple, national retail, restaurant and entertainment establishments y Ideally located on a main trucking transportation route y Two miles to Gilroy Premium Outlets y Daily traffic count of approximately 125,000 cars per day Property Highlights 101 Asking Sale Price: $1,800,000 (Asking $22.06 PSF) 5980 Travel Park Circle, Gilroy, CA | ±1.87 Acres of Freeway Commercial Land with finished offsites Gilroy, CA PROPERTY

Gilroy, CA - LoopNetimages4.loopnet.com/d2/9TA9ZdPnWOm8CG_4E9iUW4_KppFoyywKsFXBsF … · Target, Sports Authority, Old Navy, Best Buy, Petsmart, Kohl’s, Tar- ... /Users/sharad/Documents/ARCHICAD

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MIKE CATTUZZO Senior Vice President +1 916 617 4269 [email protected] LIC #00671468

400 Capitol Mall, Suite 1800Sacramento, CA, 95814+1 916 288 2800cushmanwakefield.com

Highway 101 & Monterey Road, Gilroy, CAFOR SALE | ±1.87 ACRE DEVELOPMENT OPPORTUNITY

Cushman & Wakefield Copyright 2015. The information contained herein was lawfully obtained from sources we consider reliable. Cushman & Wakefield is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.

6/7/2017 Google Maps

https://www.google.com/maps/@36.9881801,­121.5613602,507a,35y,138.25h,44.81t/data=!3m1!1e3 1/1

Imagery ©2017 Google, Map data ©2017 Google 200 ft

y Commercial development opportunity consisting of ±1.87 acres of (CM - Commercial Manufacturing Zone Property)

y Intersection of Highway 101 and Montorey Road / Travel Park Circle

y Great visibility from Highway 101

y Superior ingress/egress to site and Highway 101

y Ideal for fast food, gas stations, hotels and other freeway commercial use

y Site across from the future Hampton Inn and Suites (100 rooms)

y Close to multiple, national retail, restaurant and entertainment establishments

y Ideally located on a main trucking transportation route

y Two miles to Gilroy Premium Outlets

y Daily traffic count of approximately 125,000 cars per day

Property Highlights

101

Asking Sale Price: $1,800,000 (Asking $22.06 PSF)

5980 Travel Park Circle, Gilroy, CA | ±1.87 Acres of Freeway Commercial Land with finished offsites

Gilroy, CAPROPERTY

MIKE CATTUZZO Senior Vice President +1 916 617 4269 [email protected] LIC #00671468

400 Capitol Mall, Suite 1800Sacramento, CA, 95814+1 916 288 2800cushmanwakefield.com

Highway 101 & Monterey Road, Gilroy, CAFOR SALE | ±1.87 ACRE DEVELOPMENT OPPORTUNITY

Cushman & Wakefield Copyright 2015. The information contained herein was lawfully obtained from sources we consider reliable. Cushman & Wakefield is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.

Cushman & Wakefield is pleased to bring to market ±1.87 acres of

commercial zoned land located at 101 and Monterey Road/Travel

Park Circle in Gilroy, California. The subject property consists of ±1.87

acres of commercial land. Additionally, the property is well-served by

its close proximity to national retail establishments such as Costco,

Target, Sports Authority, Old Navy, Best Buy, Petsmart, Kohl’s, Tar-

get and Walmart. These national tenants provide significant drawing

power to the area in addition to its location directly off the highway.

The City of Gilroy is highly supportive of commercial retail development

at the location of the subject property. Prospective buyers will have to

meet with the City to determine the parameters of such a development.

However, 101 and Monterey Road interchange offer an excellent devel-

opment opportunity with the backing of the City of Gilroy.

LAND AREA ±1.87 Acres (approximately 81,580 SF)

APNS 841-75-011

ZONINGCommercial / Manufacturing (CM)

Freeway Commercial Uses

GENERAL PLAN Commercial general services

FREEWAY SIGNAGEMaybe possible, subject to City of

Gilroy approval

FRONTAGE

237.60’ Feet on Monterey Road (curb, gutter and sidewalk)166.4’ Feet on Travel Park Circle (curb & gutter)

PROPERTY HIGHLIGHTS

101

Travel Park Cir.

Mon

tere

y R

d.

Future Hampton Inn

and Suites

PROPERTY

MIKE CATTUZZO Senior Vice President +1 916 617 4269 [email protected] LIC #00671468

400 Capitol Mall, Suite 1800Sacramento, CA, 95814+1 916 288 2800cushmanwakefield.com

Highway 101 & Monterey Road, Gilroy, CAFOR SALE | ±1.87 ACRE DEVELOPMENT OPPORTUNITY

Cushman & Wakefield Copyright 2015. The information contained herein was lawfully obtained from sources we consider reliable. Cushman & Wakefield is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.

£¤101

Monterey Rd.

Travel

E. Luchessa Ave.

Bolsa Rd.

£¤101

Agriculture

Agriculture

Agriculture

Agriculture

Agriculture

Agriculture

RV Park

Industrial Use

Residential

SportsPark

Industrial Use

ParkCir. Freight

TruckParkingGas

StationCommercial Use

Source: Esri, DigitalGlobe, GeoEye, i-cubed, Earthstar Geographics,CNES/Airbus DS, USDA, USGS, AEX, Getmapping, Aerogrid, IGN, IGP,swisstopo, and the GIS User Community

Source: Esri 2010, City of Gilroy 2013

Figure 2

Project VicinityHampton Inn & Suites - Initial Study

0 700 feet Project Site

SITE AERIAL

PROPERTY

Future Hampton Inn and Suites

Former Restaurant

DEMOGRAPHICS

1 Mile 3 Mile 5 Mile

Population 2,616 36,532 58,288

AVG. HH Income $601,656 $554,82 $659,870

TRAFFIC COUNTS

Highway 101 &

Monterey Road

6,500 Per HR 6,100 Ahead Peak HR

79,000 month 77,000 Back AADT

MIKE CATTUZZO Senior Vice President +1 916 617 4269 [email protected] LIC #00671468

400 Capitol Mall, Suite 1800Sacramento, CA, 95814+1 916 288 2800cushmanwakefield.com

Highway 101 & Monterey Road, Gilroy, CAFOR SALE | ±1.87 ACRE DEVELOPMENT OPPORTUNITY

Cushman & Wakefield Copyright 2015. The information contained herein was lawfully obtained from sources we consider reliable. Cushman & Wakefield is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.

101

Future Hampton Inn

and Suites

Site at Street Level From Travel Park Circle

PROPERTY

MIKE CATTUZZO Senior Vice President +1 916 617 4269 [email protected] LIC #00671468

400 Capitol Mall, Suite 1800Sacramento, CA, 95814+1 916 288 2800cushmanwakefield.com

Highway 101 & Monterey Road, Gilroy, CAFOR SALE | ±1.87 ACRE DEVELOPMENT OPPORTUNITY

Cushman & Wakefield Copyright 2015. The information contained herein was lawfully obtained from sources we consider reliable. Cushman & Wakefield is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.

STATE HIGHWAYSState Route 1State Route 68State Route 156

U.S. HIGHWAYSU.S. Highway 101

INTERSTATE HIGHWAYSInterstate 5 or I-5

AS-1PROJECT NO:

MODEL FILE:

DRAWN BY:

CHK'D BY:

HISGIL SITE.pln

DATE:

SKL

© 2015, SKL ASSOCIATES, INC.WARNING: NO COPYING, DUPLICATION ORDERIVATIVE WORKS IN ANY FORM IS PERMITTEDWITHOUT THE EXPRESS WRITTEN PERMISSIONOF SKL ASSOCIATES, INC.

DESCRIPTIONMARK DATE

REVISIONISSUED FOR

13010

10-24-2015

/Use

rs/s

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d/D

ocum

ents

/AR

CH

ICA

D 1

8 P

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pln

PROPOSED NEW HOTEL 5975 TRAVEL PARK CIRCLEGILROY, CA-95020

APN: 841-075-012

R

SITE PLAN

Fac. I.D. #: 47876

1

718

53

54

8

46 47

66

29

30

40 UP

UP

UP

UP

UP

69

80

86

95

94

100

104105

109

114

115

118

124

125

128

68

26'-0

"

26

'-0"

26'-0"

9'-0"

6'-0

"16

'-0"

25'-6

"16

'-0"

3'-0

"27'-0" 22'-0"

54

'-0"

6'-0" 16'-0" 11'-9 1/2"

50'-1/4" 62'-0" 50'-1/4"6

'-0"

16'-0

"25'-0

"16

'-0"

8'-11" 8'-0" 9'-0" 36'-0"

63'-0"

99'-0"

4'-0

"6

3'-0

"

25'-0

"

6'-0

"

63'-0"

4'-0"

4'-0"

26

'-0"

6'-0"

190.5

189.75

191.9

1

191.5

190.5

4

187.3

6

191.2

3

191.11

190.19

188.68

189.13

191.5

6

186.5

186.5

191.9

6

191.15

191.5

191.9

6191.9

1

191.5 19

0.35

188.25

186.9

1

186.8

8

189.04

600 sq ft

17,979 sq ft

2'-0" OVERHANGTYP.

(E) TREES TOBE REMOVED TYP.

MONUMENTSIGN

(N) 8' HIGH MONUMENT SIGN

FLOODEASEMENT

2'-0" OVERHANGTYP.

FLAGPOLE

EXHAUSTSHAFT

CANOPY ABOVE

(E) P.U.E.

(E) P.U.E.

(E) P.U.E.

(N) INGRESS/EGRESS/PARKINGEASEMENT

MTL. TRELLIS

(N) CONC.APRON

AREA FORPUBLIC ART

S

StreetMonterey

8" VCP

TEL

PG

E

PGE

24" E

UC

24" E

UC

TWIN

24"

EUC 30

" EUC 30" E

UC

42" E

UC

28" E

UC

10" P

INE

SLAB

Travel Park Circle

FH

FH

PG

E

S55¡29'35"E

112.04'

S36¡36'41"E

150.26'

FOUR STORY HOTEL BLDG

POOL

PORTE

COCHERE

STD. TYP.

CONC. WALK

LANDSCAPING

LAN

DS

CA

PIN

G

LAN

DS

CA

PIN

G

TRASH

TRASH

(E) RESTAURANT BUILDING(CLOSED)

TRANS

(E) PARKING60-SPACES

LOBBY

REG

OFFICE

BREAK

LAUNDRYEL

EV.

LOBB

Y

ELEV

ATO

R

BREAKFASTPANTRY

MEETING-1

MECH

WOMEN

MEETING-2

VESTIBULE

CONC. WALK

LANDSCAPING

LANDSCAPING

KING SUITES

MEN

REC RM

KING SUITES

STOR

FF + 192.0

FF + 192.0

LANDSCAPING

PLANTER

PLA

NTE

R

PLA

NTE

R

PLANTER

PLANTER

Trav

el Pa

rk C

ircle

PLA

NTE

R

PLA

NTE

R

LAN

DS

CA

PIN

G

PLANTER

CO

NC

. WA

LK

CO

NC

. WA

LK

CO

NC

. WA

LK

LAN

DS

CA

PIN

G

N

0 10' 20' 40'SCALE: 1" = 20'1 SITE PLAN

N.T.S.

BENCH MARK

POINT NUMBER 501: LARGE SPIKE IN GROUND LOCATED8 FEET SOUTHWEST OF THE WESTERLY RAIL ANDAPPROXIMATELY 600 FEET NORTHWEST OF THESOUTHEASTERLY BOUNDARY CORNER OF THE SITEELEVATION = 183.79 FEET ( MSL )

MONTEREY RD

THOMAS RD

U V A S

E E KC R

SANTA TERESA BLVD

S. P. R. R.

LUCHESSA AVE

B O L S A

R D

OBATA WY

MAYOCK RD

SITE

SOUTHSIDE DR.

VICINITY MAP

Monterey Rd.

Travel Park Cir.

Travel Park Cir.

0 40 feet

Figure 5

Hampton Inn & Suites - Initial Study

Site Plan

Source: SKL Associates 2015

Use Century Gothic Font, 9 pt SITE PLAN OF FUTURE HAMPTON INN & SUITES ACROSS STREET.

NOTE: COLORS PRINSHADE CONDI

NORTH ELEVATION

EAST ELEVATION

Figure 6

Hampton Inn & Suites - Initial Study

Elevations (North and East)

Source: SKL Associates 2015

NOTE: COLORS PRINSHADE CONDI

NORTH ELEVATION

EAST ELEVATION

Figure 6

Hampton Inn & Suites - Initial Study

Elevations (North and East)

Source: SKL Associates 2015

MONTEREY RD.

TRA

VEL PA

RK

CIR

C.

SUBJECTPROPERTY