1905 S Garey Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1905 S Garey Ave
5,400 SF Retail Building Pomona, CA 91766 $2,295,000 ($425/SF) 4.52% Cap Rate
Investment Highlights
- Freestanding discount store
- Dense demographics: ±373,000 population within 5-mile radius.
- Conveniently located just north of the 60 fwy and 71 highway, located within 5 minutes from fwy on/off ramp.
- Zoning: C-4 Neighborhood Commercial
- Prime Pomona location located at the signalized intersection of Garey Ave and Lexington Ave with traffic counts of ±32,400 vehicles per day.
- Pylon signage
Executive Summary
Colliers International Greater Los Angeles Inc, as exclusive advisor to the seller, is pleased to present for sale the retail investment opportunity at 1905-1925 S Garey Ave., in Pomona California. The subject property consists of a single-story retail building totaling
±5,400 square feet on ±0.65 acres (±28,292 square feet). The proprety is currently occupied by a discount store with ±2.9 years remaining on the lease and one (1) 5-year option.
*Alternatively to the investment or owner/user opportunity, the subject property parcel is zoned C-4 (Neighborhood Commercial), making it a prime candidate for conversion into a multi-tenant retail strip, discount store, gas station, drive-through restaurant or many other options.
* Buyer should complete their own due dilligence on this parcel to determine redevelopment potentials and options.
±5,400 square feet on ±0.65 acres (±28,292 square feet). The proprety is currently occupied by a discount store with ±2.9 years remaining on the lease and one (1) 5-year option.
*Alternatively to the investment or owner/user opportunity, the subject property parcel is zoned C-4 (Neighborhood Commercial), making it a prime candidate for conversion into a multi-tenant retail strip, discount store, gas station, drive-through restaurant or many other options.
* Buyer should complete their own due dilligence on this parcel to determine redevelopment potentials and options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1970
Price
$2,295,000
Price Per SF
$425
Cap Rate
4.52%
NOI
$103,734
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Land Acres
0.65 AC
Zoning
C4
Parking
22 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 8344-023-034 | Improvements Assessment | $130,337 |
| Land Assessment | $391,041 | Total Assessment | $521,378 |
PROPERTY TAXES
Parcel Number
8344-023-034
Land Assessment
$391,041
Improvements Assessment
$130,337
Total Assessment
$521,378
-
Jeff Lin -
Colliers
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1905 S Garey Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.