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320 Hillcrest Rd
Hollister, CA 95023
Industrial Property For Sale

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Investment Highlights

  • Two-building, industrial/retail property with strong value-add and development potential for investors seeking growth opportunities.
  • This property boasts excellent in-place income with a solid tenant mix and the ability to increase incomes by raising rents.
  • Area demographics are impressive, with a growing population and a robust workforce of over 20,390 employees within 10 miles.
  • Excellent high-traffic location just 200 feet from Highway 25 ,which swiftly connects to San Jose.
  • Prime placement near major national retailers Target, Ace Hardware, Rite Aid, Nob Hill Foods, Ross, Walgreens, Safeway, and Verizon.

Executive Summary

Major Price Reduction!
Leverage this industrial and retail property with outstanding accessibility.

320 Hillcrest Road is a single-story structure comprising reinforced concrete construction. The property features two on-site structures encompassing a total of 11 units, with sizes ranging from 800 to 14,000 square feet, offering flexible options for a variety of users and tenants. Situated on 1.62 acres, the site has eight drive-in doors and impressive 25-foot ceiling heights.

Hollister, California, presents a strategic opportunity for industrial and retail investors seeking a prime distribution hub with diverse transit options. Located on the Central Coast, Hollister sits within a 50-mile radius of key markets, including Gilroy, Monterey, Santa Cruz, San Jose, and Los Banos, offering unmatched regional accessibility. The city is home to significant industrial and warehouse facilities, with major players such as Amazon and Rinchem Chemical Logistics establishing a strong presence. Notable industrial centers such as 365 Apollo Way, Northpointe Business Park, and 354 1st Street further anchor Hollister’s growing commercial landscape. Beyond its industrial strengths, Hollister benefits from a robust agricultural economy, producing fresh crops like apricots, olive oil, pomegranates, walnuts, apples, tomatoes, and peppers. Its proximity to Silicon Valley uniquely positions Hollister as a vital nexus for businesses serving both the high-tech demands of the Bay Area and the agricultural sectors of Central California.

For investors, Hollister offers a compelling blend of location, infrastructure, and market diversity that is ideal for capitalizing on the region’s expanding industrial and retail needs.

Property Facts

Sale Type Investment or Owner User
Cap Rate 7.41%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Showroom
  • General Retail Freestanding
  • General Retail Service Station
  • General Retail Storefront
Building Class C
Lot Size 1.62 AC
Rentable Building Area 36,046 SF
No. Stories 1
Year Built 1920
Parking Ratio 0.16/1,000 SF
No. Drive In / Grade-Level Doors 8
Zoning NMU Commercial

Amenities

  • 24 Hour Access
  • Fitness Center
  • Mezzanine
  • Security System
  • Signage
  • Skylights
  • Reception
  • Storage Space
  • Monument Signage

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
054-280-001-000
Land Assessment
$1,065,414
Improvements Assessment
$1,293,296
Total Assessment
$2,358,710
  • Listing ID: 35761101

  • Date on Market: 5/6/2025

  • Last Updated:

  • Address: 320 Hillcrest Rd, Hollister, CA 95023

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