Pomona Shopping Center | 1625-1635 W Holt Ave
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Pomona Shopping Center 1625-1635 W Holt Ave
8,700 SF 100% Leased Retail Building Pomona, CA 91768 £1,753,840 (£202/SF) 6.43% Net Initial Yield
Investment Highlights
- Excellent Visibility
- High Traffic Counts
- Highly Desirable SGV Demographics
- Large Pylon Sign
- Prime Location
Executive Summary
CBRE, Inc. is proud to exclusively present 1625 W Holt Avenue located in Pomona, California. The Retail Strip On Holt is situated on a major thoroughfare with high traffic counts of over 24,000 vehicles per day. This unique retail center offers investors the opportunity to acquire a well-performing ±8,700 SF retail strip center on a ±0.52 acres of land, featuring a diverse mix of six retail tenants. The Property is anchored by the 98 Discount Store with supporting retailers including a restaurant, water store, beauty salon, massage parlor, and money remittance store. This tenant mix creates a dynamic retail environment catering to the local community. With high visibility and consistent traffic driven by the adjacent major local grocer, Cardenas, the Property offers investors the ability to capture a cash flow generating asset in the eastern San Gabriel Valley.
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Property Facts In Escrow
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,700 SF
Building Class
C
Year Built
1957
Price
£1,753,840
Price Per SF
£202
Net Initial Yield
6.43%
NOI
£112,834
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.38
Lot Size
0.52 AC
Zoning
C4 - Commercial
Parking
35 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
120 ft on W Holt
Amenities
- Bus Route
- Pylon Sign
- Signage
- Signalised Intersection
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 8357-018-025 | Improvements Assessment | £511,419 |
Land Assessment | £512,777 | Total Assessment | £1,024,196 |
PROPERTY TAXES
Parcel Number
8357-018-025
Land Assessment
£512,777
Improvements Assessment
£511,419
Total Assessment
£1,024,196
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Pomona Shopping Center | 1625-1635 W Holt Ave
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