6765MINO ARROYO DR Gilroy CA 95020-7075

Long-Standing Anchor Since 2004: Kohl’s has operated at the center for over 20 years, showing strong tenant commitment and long-term success.

NNN Lease with Minimal Landlord Responsibilities: Kohl’s triple net lease structure ensures passive income with limited landlord obligations.

National Retailer with Broad Footprint: With over 1,100 stores nationwide, Kohl’s drives consistent traffic and offers strong brand recognition.

Long-Term Stability from National Tenancy: Lease runs through January 2030 with multiple renewal options, providing reliable income and long-term stability.

Rent Growth Tailwinds: Submarket rents grew ~3% YoY and remain below market, positioning the asset for upside in future lease negotiations.

National Anchor Lineup with Long-Term Tenancy: PetSmart, Michaels, and Barnes & Noble have anchored the center since 2004–2005, consistently driving foot traffic and tenant stability.

New Daiso Lease Demonstrates Ongoing Leasing Momentum: Daiso signed a 10-year lease in 2024 with a 25% rent increase over the prior tenant, reflecting strong demand and market confidence.

Same Store Scarcity & Optimal Anchor Spacing: The center hosts the only PetSmart, Michaels, Daiso, and Barnes & Noble within a 20-mile radius, enhancing its regional draw.

Immediate Lease-Up Opportunity: A 4,800 SF vacancy offers potential to boost NOI by attracting new tenants in a high-traffic, nationally anchored center.

Ranked #1 Within A 25-Minute Drive: Gilroy Crossing ranks in the top 4% of U.S. shopping centers with over 5M annual visitors, adjacent to major retailers like Costco and Walmart.