Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82008263
MLS Source
MLSListings, Inc.
Days on Site
0
Commercial Information
# Buildings / # Units
1
Parking Spaces
23
Present Use
Commercial, Mixed
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
Other
Heating
Other
Exterior Features
Roof
Flat
Foundation
Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
CG
Contact Information
Listing Agent
Adam Dahdouh
Yellowstone Investments
License #: 01970098
Phone: (408) 345-5169
Co-Listing Agent
Alexis Zamora Bautista
Yellowstone Investments
License #: 02161413
Phone: (669) 666-0984
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
16795 Monterey Rd is a Commercial Sale in Morgan Hill, CA 95037. This 6,450 square foot property sits on a 0.6 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,650,000 and was built in 1990. This address can also be written as 16795 Monterey Rd, Morgan Hill, CA 95037.
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This listing information is up-to-date as of May 24, 2025. For the most current information, please contact Adam Dahdouh, (408) 345-5169
