4651 Holt , Montclair, CA 91763
  • MLS#: IV26005604 ( Retail )
  • Street Address: 4651 Holt
  • Viewed: 13
  • Price: $4,934,509
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 0
  • Days On Market: 112
  • Additional Information
  • County: SAN BERNARDINO
  • City: Montclair
  • Zipcode: 91763
  • Provided by: Acreage Real Estate
  • Contact: GURJEET GURJEET
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    INCOME GENERATING INVESTMENT RETAIL CENTER WITH MINIMAL LANDLORD RESPONSIBILITY NNN LEASES We are pleased to offer for sale the fully leased Holt Medical Plaza. The center is currently 100% occupied with long term leases to Tenants such as Health Service Alliance, a federally qualified health center (FQHC). Offering a compelling combination of strong in place cash flow, clear upside through continued rent growth with an average of 3 4% annual base rent increases, and strong triple net (NNN) leases insuring expense pass throughs, this is the ideal investment for a prudent investor seeking a strong ROI, with a high Cap Rate of 5.50%. The subject property sits on 1.26 acres, was built in 1984, and consists of approximately 15,352 SF. There is ample parking with 78 total parking spaces. Holt Medical Plaza is located in a high traffic area (23,990 Average Daily Traffic Count), surrounded by many national retail brands including a CVS, Dollar Tree, and many others.
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Features
Anchors Cotenants
  1. Health Service Alliance
Assetclass
  1. Retail
  2. Office
Building Area Total
  1. 15352.00
Commoninterest
  1. None
Cooling
  1. Central Air
Country
  1. US
Fencing
  1. Wrought Iron
Heating
  1. Central
Land Use
  1. Retail
Laundry Features
  1. None
Parcel Number
  1. 1012081040000
Property Type
  1. Retail
Roof
  1. Flat
Topography
  1. flat
Views
  1. 13
Water Source
  1. Public
Year Built
  1. 1984
Zoning
  1. Neighborhood edge