191 San Felipe Rd - Retail FOR SALE
Hollister, CA 95023 |
191 San Felipe Rd
Hollister, CA 95023
HIGHLIGHTS
- In-Place Rents are significantly below-market. All leases are NNN with annual rent increases
- Market Rent NOI is $519,145 and Market Rent Cap Rate is 8.25%
- Hollister is on the upswing with new home construction, new Amazon Hub, etc. Easy drive to Silicon Valley and Monterey Bay
- Shadow-anchored by McDonalds, adjacent to US Post Office & across from DMV and Taco Bell with Starbucks nearby
- 141 Parking Spaces resulting in 5.2 spaces per 1000 SF
- Highly desirable small unit sizes at the property which can accommodate a wide variety of uses
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
100% Occupied NNN Center -Hollister Gateway
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
12765
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
141
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
051-090-011-000
