4 Tenant Center For Sale - 171 E. Holt Ave. Pomona CA
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 2,570,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 4,836
Date Available 06/26/2018
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OFFERING SUMMARY Sale Price: $2,570,000 Building Size: 4,836 Year Of Construction: 2007 Land Size: 19,166 SF Cap Rate (Including Rent Guaranty) 6.26% PROPERTY OVERVIEW Newly renewed 5-year corporate leases with Little Caesars and Fred Loya Insurance, showing their commitment to the location. Little Caesars and Fred Loya have been in the property since its construction in 2007. Culichi Roll also recently renewed its lease for 5 years. Ideal tenant mix to serve the local area: Pizza, Mexican restaurant, and an auto insurance agency specializing in the Hispanic market. Newer 2007 construction with attractive design and meeting early 21st century building codes. LOCATION OVERVIEW Located along Holt Ave., one of the main east-west corridors in Pomona. Pomona is located in Los Angeles County and home of the Los Angeles County Fairgrounds. Located in a densely populated area, with 28,000 people living within a 1 mile radius of the property. High traffic counts of 22,000 cars per day along Holt Ave. Nearby intersection of Holt and Garey has traffic counts of 53,000 cars per day.