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Pomona Valley Surgery Center 2720 N Garey Ave

6,713 SF Office Building Pomona, CA 91767 $2,325,000 ($346/SF)

Investment Highlights

  • ±6,713 SF Single-User Medical Office Building in North Pomona
  • Excellent curb appeal with modern black and white painted exterior, European wood cladding and new black windows and doors
  • Close to Casa Colinas, New Metrolink Gold Line, University of La Verne & Pomona Valley Hospital
  • Renovated in Shell Condition ready for any owner-user
  • Prominent building signage with 136’ of street frontage on N. Garey.
  • Easy access to I-10 & I-210 freeways, Near the corner of Bonita Avae & N. Garey. Ave

Executive Summary

Lee & Associates – Pasadena is pleased to present this very desirable owner/user purchase opportunity in North Pomona, CA located 2.3 miles from the I-210 freeway. 2720 N. Garey Avenue is a freestanding, single-user, medical office building, approximately 6,713 SF on a ±0.55 acre lot with 26 dedicated parking spaces and over 136’ of frontage on N. Garey Avenue. The building has been completely remodeled and is in shell condition.

Zoned for surgical use, there is a covered ambulance driveway with double-wide metal doors. Ground floor measures ±5,836 SF and features three different entrances to access the building, high ceilings, accented with sky lights and an electrical room. The ±877 SF second story is accessible via a stairwell located on the western portion of the property.

The property offers an exciting opportunity for an owner-user to purchase the property with SBA financing.

The property was completely gutted with extensive exterior and infrastructure improvements to include: New electrical, switchgear, interior insulation, security alarm, roof, backflow, irrigation, paint, doors, windows, European wood cladding, and more.
Location highlights
• The Gabriel Apts. Located immediately across from the new 312-unit Greystar apartment development. The Gabriel Apts. is a four-story development to provide housing for the Claremont Colleges, the University of La Verne, and other institutions.
• Foothill Gold Line Pomona - North Station is directly south, less than one-minute walk and is due to open January 2025. A trip from Pomona to Pasadena will take about 33 minutes and further to downtown Los Angeles will take about 62 minutes.
• Pomona Fairplex: approximately 2.3 miles southwest from our property, sits on ±543 acres with ±325,000 SF of indoor exhibit space, over 717,000 people visit during the LA County Fair that runs for throughout May.
• Hospitals: Directly south, less than 1.4 miles from the property, is Pomona Valley Hospital, a 412 bed multi-specialty regional medical center, and remains one of the largest not-for-profit hospitals in the greater Los Angeles area with more than 3,500 employees, 700 active physicians, and almost 1,000 volunteers. Directly north at about a three-minute walk is the 20-acre Casa Colinas Hospital campus, a state-of-the-art 99 bed hospital featuring 68 acute rehab beds, 6 ICU beds and 25 medical surgery beds servicing over 10,700 people each year.
• Higher Education: the University of La Verne with over 6,000 students is less than 1.5 miles directly west of our property. The Claremont Colleges is 2.8 miles away consisting of seven private institutions. Western University of Health Sciences is 3.2 miles away with over 3,700 students. Cal Poly Pomona is a nationally ranked university only 6 miles from the property.
• Freeways: Less than two miles north of the Interstate 10 and about 2.5 miles south of Interstate 210.
• Demographics: Annual HHI $111K, over 60,000 People in a 3-mile radius.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,713 SF
Building Class
C
Year Built
1985
Price
$2,325,000
Price Per SF
$346
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,713 SF
Building FAR
0.28
Lot Size
0.55 AC
Zoning
Corridors Specific Plan - Medical, Dental, Optometry, Surgical, and more
Parking
26 Spaces (3.87 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8366-009-027
Land Assessment
$1,520,000
Improvements Assessment
$1,380,000
Total Assessment
$2,900,000
  • Listing ID: 32467744

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 2720 N Garey Ave, Pomona, CA 91767

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