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$ 5,269,485
Est. payment | /mo
1.26 Acres Lot
$ 5,269,485
Est. payment | /mo
1.26 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26005604
HOA Y/N No
Year Built 1984
Lot Size 1.260 Acres
Property Sub-Type Retail
Property Description
INCOME GENERATING INVESTMENT RETAIL CENTER WITH MINIMAL LANDLORD RESPONSIBILITY - NNN LEASES - Holt Plaza, a RETAIL property conveniently located in Montclair, CA. Holt Plaza is strategically located on Holt Blvd. The center is currently 100% occupied with long-term leases to Tenants such as Health Service Alliance, a federally qualified health center by HRSA. The subject property sits on 1.26 acres, was built in 1984, and consists of approximately 15,352 SF. New wrought iron electronic gates and wrought iron fence, improved trash enclosure, planted additional landscape, new paint, new paving, and many more improvements made by the seller. The building construction is masonry, and there is ample parking with approximately 5 spaces per 1,000 SF, with 78 total parking spaces. Holt Plaza is situated in a high-traffic area (23,990 Average Daily Traffic Count), surrounded by many national retail brands, including CVS, Dollar Tree, and numerous others.
*Stabilized, fully leased retail center with long-term tenant leases.
*Stable cash flow with significant NOI growth.
*Minimal Landlord responsibilities.
*Recession & E-commerce Resistant Tenant Mix.
*Fantastic Signage, Exposure and Visibility.
*NNN LEASES: Tenants reimburse for 100% of CAM, Real Estate Taxes, and Insurance,
*SECURE INCOME STREAM – LONG-TERM LEASES WITH RENTAL RATE INCREASES
*Stabilized, fully leased retail center with long-term tenant leases.
*Stable cash flow with significant NOI growth.
*Minimal Landlord responsibilities.
*Recession & E-commerce Resistant Tenant Mix.
*Fantastic Signage, Exposure and Visibility.
*NNN LEASES: Tenants reimburse for 100% of CAM, Real Estate Taxes, and Insurance,
*SECURE INCOME STREAM – LONG-TERM LEASES WITH RENTAL RATE INCREASES
Location
State CA
County San Bernardino
Area 685 - Montclair
Zoning Commercial
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Wrought Iron
Roof Type Flat
Building
Lot Description Level, Paved, Flat
Story 1
Water Public
Others
Tax ID 1012081040000
Special Listing Condition Standard
Listed by GURJEET BHATIA Acreage Real Estate 909-606-1505
NEARBY SCHOOL & BUSINESS