Retail Building in High-Traffic
For Sale
$3,750,000
1260 Fourth St, Hollister, CA 95023
12,750 sq ft commercial building on 0.97-acre lot.
Property Size12,750 SF
Lot Size0.97 Acres
Price / SF$294.12
Days on Market191
Property Features for 1260 Fourth St
General Information
Standard status
Active
Size
12,750 SF
Lot size
0.97 Acres
Building Details
Year Built
1988
Listing Agency:
Coldwell Banker Realty
Listed By:
Elizabeth Callahan
(831) 210-1002
Source:
Myfabuloushome
Added: Mar 31
Changed: Sep 24
Last Checked: Oct 6 at 12:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This commercial building offers a prime retail frontage opportunity. The 12,750 sq ft free-standing building is situated on a 0.97-acre lot within a busy, high-traffic shopping center. The clear-span construction provides flexibility for retail and mixed-use operations. The mezzanine level features two large private offices. The main floor includes a warehouse area, two bathrooms, a conference room, and an expansive retail floor. A gated side yard offers additional space for outdoor retail or display. A rear roll-up door allows for efficient truck access and deliveries. The building is equipped with fire sprinklers and is located in a fast-growing neighborhood. The street frontage is slated to be part of the West Gateway Improvement Plan, enhancing visibility and future appeal.
Key Highlights
- High‑traffic location within a busy shopping center.
- 12,750 sq ft free‑standing building on a 0.97‑acre lot.
- Clear‑span construction providing flexible retail/mixed‑use space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$344,397
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,887,940
$6.9M
Cap Rate 7%
$4,919,957
$4.9M
Cap Rate 9%
$3,826,633
$3.8M
Market Conditions
NOI Build-Up for 12,750 SF
Gross rent
$515.6K $40.44/SF
− Vacancy
−$23.6K −$1.85/SF
EGI
$492.0K $38.59/SF
− OpEx
−$147.6K −$11.58/SF
NOI
$344.4K $27.01/SF
Area
San Benito County, CA
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,887,940
Cap Rate 7%
$4,919,957
Cap Rate 9%
$3,826,633
Alternative Uses
Best Use
Office B
$6.41M
$5.61M – $7.48M
NOI $448,534 @ 7.0% cap · market cap 11.96%
Second Best
Retail
$4.92M
$4.30M – $5.74M
NOI $344,397 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$7.70M
$6.74M – $8.98M
NOI $538,816 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 95023, CA
56,973
Population
18,043
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
394.8 sq mi
ZIP Area
144
Density / Sq Mi
$108,156
Median Household Income
$47,362
Median Earnings
$1,908
Median Rent
$740,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Retail space - 12,750 sq ft commercial building on 0.97-acre lot.
Where is this retail space located?
The property is located at 1260 Fourth St Hollister, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: High‑traffic location within a busy shopping center.; 12,750 sq ft free‑standing building on a 0.97‑acre lot.; Clear‑span construction providing flexible retail/mixed‑use space.
