CA
Santa Clara
MORGAN HILL
95037
16795 Monterey Road
16795 Monterey Road, MORGAN HILL, CA 95037
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Listing Type
Commercial/Industrial
Listing Status
active
8
$2,650,000

Home Details for 16795 Monterey Road

Price
$2,650,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
6450
Year built
1990
Lot size acres
0.6
County
Santa Clara
Garage
Days on site
124
MLS Listing#
ML82008263
Listed By: Yellowstone Investments - 408-345-5169
Presented by: Adam Dahdouh
Property Description

Offering Memorandum available upon request. Yellowstone Investments is pleased to exclusively present for sale this exceptional ±6,450-square-foot mixed-use commercial property located at 16795 Monterey Rd, Morgan Hill, CA. Situated on a ±25,758-square-foot lot and built in 1990, this asset offers a prime investment opportunity in the heart of one of South Bay's most dynamic submarkets. The property is currently 100% occupied by three established tenants. Each unit includes its own private bathroom for tenant convenience. All leases include 3% annual rent increases, providing built-in revenue growth. Additionally, Crystal Nails Boutique and September Day Spa hold options to extend, supporting long-term tenancy stability. The property features a mix of NNN and gross leases, presenting an immediate value-add opportunity for a new owner to convert all leases to NNN, significantly reducing owner-paid expenses. The property is serviced by two separate water meters, one for interior use and one for landscaping, thus supporting efficient expense allocation. The building has undergone over $450,000 in recent capital improvements, and each tenant has also invested significantly in their respective spaces, demonstrating long-term commitment and pride of operation.

Property Features
  • Cooling Information
    • Other
  • Heating Information
    • Other
  • Water Features
    • Public
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-09-15 13:01:00
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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