1. California
2. Morgan Hill
3. 16795 Monterey Road

16795 Monterey Road, Morgan Hill, CA 95037

• 6,450 sqft

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.

Listing Status:

Active

Date Added:

May 24, 2025 at 05:00AM

Listing Office:

Yellowstone Investments : 408-345-5169

Listing Agent:

Adam Dahdouh : 408-345-5169

MLS ID:

ML82008263

Location

• County: Santa Clara

Lot

This listing courtesy of Adam Dahdouh, Yellowstone Investments