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Holt Medical Professional Plaza 4651 E Holt Blvd 15,352 SF 100% Leased Retail Building Montclair, CA 91763 $4,934,509 ($321.42/SF) 5.50% Cap Rate
Investment Highlights
- Stabilized, fully leased medical / retail center with long term Tenants in place
- 100% Occupied - majority medical tenants - including FQHC-approved medical provider with 7 locations
- Recession & E-commerce Resistant Tenant Mix
- NNN LEASES: Tenants reimburse 100% of CAM, Real Estate Taxes, and Insurance,
- Strong Leases - 3% -4% annual Base Rent increases in place.
- SECURE INCOME STREAM – LONG-TERM LEASES WITH RENTAL RATE INCREASE
Executive Summary
INCOME GENERATING INVESTMENT RETAIL CENTER WITH MINIMAL LANDLORD RESPONSIBILITY - NNN LEASES - MEDICAL USE TENANTS, a RETAIL property conveniently located in Montclair, CA. Acreage Real Estate is 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 that insure expense pass-throughs, this is the ideal investment for a prudent investor seeking strong ROI.
The Holt Medical Plaza sits on a vast 1.26-acre lot providing 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. Contact Agent for a tour.
Stabilized, fully leased medical/retail center with long-term tenants in place
100% occupied with primarily medical tenants.
NNN LEASES: Tenants reimburse 100% of CAM, Real Estate Taxes, and Insurance.
Stable cash flow with significant NOI growth.
3% -4% annual Base Rent increases are in place.
Minimal Landlord responsibilities.
Recession & E-commerce Resistant Tenant Mix.
Fantastic Signage, Exposure, and Frontage on Holt Blvd.
Recently renovated. Seller spared no cost in exterior and interior renovations.
SECURE INCOME STREAM – LONG-TERM LEASES WITH ANNUAL RENTAL RATE INCREASES.
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 that insure expense pass-throughs, this is the ideal investment for a prudent investor seeking strong ROI.
The Holt Medical Plaza sits on a vast 1.26-acre lot providing 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. Contact Agent for a tour.
Stabilized, fully leased medical/retail center with long-term tenants in place
100% occupied with primarily medical tenants.
NNN LEASES: Tenants reimburse 100% of CAM, Real Estate Taxes, and Insurance.
Stable cash flow with significant NOI growth.
3% -4% annual Base Rent increases are in place.
Minimal Landlord responsibilities.
Recession & E-commerce Resistant Tenant Mix.
Fantastic Signage, Exposure, and Frontage on Holt Blvd.
Recently renovated. Seller spared no cost in exterior and interior renovations.
SECURE INCOME STREAM – LONG-TERM LEASES WITH ANNUAL RENTAL RATE INCREASES.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,352 SF
Building Class
B
Year Built/Renovated
1984/2024
Price
$4,934,509
Price Per SF
$321.42
Cap Rate
5.50%
NOI
$271,398
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
1.26 AC
Zoning
Neighborhood Edge - Commercial
Parking
78 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1012-081-04 | Improvements Assessment | $1,157,700 |
| Land Assessment | $1,428,000 | Total Assessment | $2,585,700 |
Property Taxes
Parcel Number
1012-081-04
Land Assessment
$1,428,000
Improvements Assessment
$1,157,700
Total Assessment
$2,585,700
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Holt Medical Professional Plaza | 4651 E Holt Blvd
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