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2057 Rancho Valley Rd
Pomona, CA 91766

Planet Fitness and Shops · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
23,876 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Number of Floors
1
Zoning
C1
Frontage
378 ft on Hwy 71

About 2057 Rancho Valley Rd , Pomona, CA 91766

* Long Term Leases 76% of the GLA is leased into 2026 and beyond, limiting potential near term expenses or lease rollover exposure * High Quality NNN Asset Newly constructed (2016) strip center with NNN leases provides for limited maintenance and management obligations * Strong Income Growth Through the embedded rental increases the Net Operating Income is projected to grow $169,000 (34%) over the anticipated hold period, providing an excellent hedge against inflation * Central Point of Destination Location Rio Rancho Towne Center II is centrally located along State Route 71 (63,000 cars per day), across Rancho Valley Drive from the recently constructed Rio Rancho Towne Center, a 335,000 SF Target and Ross Dress for Less-anchored community center * Non-Commodity Uses Synergistic mix of internet resistant, category leading fitness, restaurant and service tenants including, Planet Fitness, Wing Stop, Waba Grill, UPS Store, Jamba Juice and Dickey' s appealing to the surrounding demographic profile * More than 342,500 people in a 5-mile radius, with an Average Household Income exceeding $77,500 per year

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8344-024-048
Land Assessment
£4,481,340
Improvements Assessment
£3,408,505
Total Assessment
£7,889,845
  • Listing ID: 6446320

  • Date on Market: 24/03/2017

  • Last Updated:

  • Address: 2057 Rancho Valley Rd, Pomona, CA 91766

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