Listed by The TRG Group
$697,548
Holden Retail Center
Details
APN 292315000000060
Property Type Retail
Square Footage 3,000
Units 2
Cap Rate 6.50%
NOI $45,340
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $232
Year Built 1968
Stories 1
Acreage 0.300
Zoning ORG-C-2
Parking Spaces 8 per 1,000 sq ft
Ground Lease No
About This Property
Investment highlights
- Rare opportunity to acquire a multi-tenant retail property for under $1M.
- Low-maintenance two-tenant retail investment.
- Both tenants operate under NNN leases with full expense reimbursements.
- Month-to-month laundromat lease creates immediate value-add potential.
- Drive-thru potential on the east side of the building (subject to approvals).
- Strong in-fill location with historically low retail vacancy rates.
- Dense surrounding population with over 20,000 residents within a 1-mile radius.
- Excellent opportunity for an owner-user to occupy a portion of the property.
- Below replacement cost investment opportunity.
- Well-positioned neighborhood retail center serving the surrounding residential community.
- Simple two-tenant configuration minimizes management complexity.
- Easy financing available through multiple commercial lending programs.
Listing Contacts
Listed by The TRG Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,340.00
$3,778.33/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Map
Zoning
C-2 CommercialGeneral CommercialGeneral Commercial District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 449 uses
View all 449 uses Last updated Jan 28, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
