What is the asking price for Gilroy Crossing?

Please use the contact form to get in touch with a broker and find out more about renting space here.

What is the total size of Gilroy Crossing?

The property has a total square footage of 266,412 SF.

How many parking spaces are available at Gilroy Crossing?

Parking information for the property isn't currently listed. However, other nearby parking options include Caltrain Gilroy Parking, located 0.73 miles away , and Gilroy, which is 1.46 miles away.

6715-6765 & 6815-6835 Camino Arroyo Dr, Gilroy, CA 95020

For Sale Contact for pricing
Property Type Retail
Date Updated May 21, 2026

Highlights

Embedded Rent Upside In-place rents are estimated to be approximately 20% below market, providing meaningful long-term upside and supporting a projected 2.4% NOI CAGR over a ten-year hold.
Established & Growing Population Base with Affluent Demographics Strong surrounding population, with 51K+ residents within a 3-mile radius as of 2025 (35% increase since 2000). Affluent trade area boasts an average household income of $172K+ and median home value of over $1M within 5 miles of the property.
National Anchor Lineup with Long-Term Tenancy Anchored by top national retailers including PetSmart (since 2005), Michaels (since 2004), Kohls (since 2004), Ross (since 2004), and Barnes & Noble (since 2004), the center benefits from highly established tenants that consistently draw foot traffic.
New Daiso Lease Demonstrates Ongoing Leasing Momentum Daiso, a fast-growing international value retailer, signed a new 10-year lease in 2024 at a 25% spread to the prior tenants rents. Their confidence reflects a supply-constrained market with strong demand for 10k SF+ box space.
Prime Freeway Visibility High visibility and access at the confluence of U.S. Highway 101 and State Route 152, with traffic counts reaching 104,200 AADT on U.S. 101 and 84,500 AADT on Pacheco Pass Highway (SR-152)
Ranked #1 Within A 25-Minute Drive Gilroy Crossing ranks in the top 4% of shopping centers nationwide with 5.1M annual visitors, according to Placer.ai. Strategically located in a dense retail hub, the property is shadow anchored by Target and adjacent to major national retailers such as Costco, Walmart Supercenter, and Lowes, driving strong daily traffic.
Rent Growth Tailwinds Favorable demographic trends and continued submarket strength have driven rent growth of approximately 3% year-over-year since 2024, positioning the asset to benefit from sustained market momentum.
Same-Store Scarcity & Optimal Anchor Spacing The property is home to the only Nordstrom Rack, dds Discount, PetSmart, Michaels, Daiso, Barnes & Noble, and Kohls, in a 20-mile radius.