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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
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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
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PLANTER
PLANTER
Trav
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rk C
ircle
PLA
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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