291 MCCRAY ST Hollister, CA 95023
Single-tenant grocery property with absolute NNN lease in Hollister, CA.
- Added:
- May 11, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 2 at 6:55 am
Property Features for 291 MCCRAY ST
General Information
- Standard status
- Active
- Size
- 62,239 SF
- Property subtype
- Retail
Listing office CBRE - South Bay (310) 892-5644
Listing date May 11, 2026
Source Crexi
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
Key Highlights
- Single‑Tenant property, offering a straightforward investment opportunity.
- Absolute NNN Lease ensures minimal landlord responsibilities.
- Grocery Asset, a stable and essential business.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.52M | $40.44 |
| − Vacancy | −$115.3k | −$1.85 |
| EGI | $2.40M | $38.59 |
| − OpEx | −$720.5k | −$11.58 |
| NOI | $1.68M | $27.01 |
Alternative Uses
Property Analytics
Current Use by Public Records
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- Lucky — 291 McCray St, Hollister, CA 95023
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