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$6,295,000
Est. payment /mo
2.4 Acres Lot
UPDATED:
11/15/2024 02:10 AM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID ML81979750
HOA Y/N No
Year Built 1985
Annual Tax Amount $63,550
Lot Size 2.400 Acres
Property Description
Well maintained multi-tenant retail center located in a centrally located and busy area of Hollister. Diverse uses and tenants in the center including medical, retail, offices, and restaurants. Attractive small unit sizes which can accommodate many uses. One block from new housing developments. In-Place Rents are significantly below-market. Highly desirable small unit sizes at the property which can accommodate a wide variety of uses. Nice diversification of uses/tenants at the property (Medical, Restaurant, Office, Service, etc.) High-traffic retail center with limited nearby competition/supply. Shadow-anchored by McDonalds and adjacent to US Post Office. Across the street from DMV and Taco Bell with Starbucks nearby. Close to Downtown Hollister, etc. Well-maintained retail center with no deferred maintenance (Roof replaced recently). Easy driving distance to the Bay Area and Monterey. All leases are NNN with annual rent increases. Within 2 miles of new regional Amazon distribution hub. Professionally managed property. Easy access to State Route 25 and State Route 156. North Gateway zoning district. New Residential Communities located in North Hollister: -The Lanes -The Knolls - Sold Out -The Meadow -Maple Park - Sold Out
Location
State CA
County San Benito
Area 699 - Not Defined
Zoning AP
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 141
Building
Story 1
Others
Tax ID 051090011000
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Listed by Monterey Peninsul... • KW Coastal Estates