611 E Holt Ave - Drug Store FOR SALE


Pomona, CA 91767
$4,495,000 USD
626-417-4539
611 E Holt Ave, Pomona, CA for Sale
$4,495,000 USD
Drug Store - FOR SALE
1/6
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611 E Holt Ave
Pomona, CA 91767


OVERVIEW

Freestanding Retail Building: The property features a freestanding retail building encompassing approximately 16,700 square feet, situated on a generous 1.43-acre lot. This layout provides ample parking space and flexibility for diverse retail or commercial uses, accommodating various tenant or owner-occupant needs. Prime Location: Strategically positioned at the signalized intersection of Holt Avenue and North San Antonio Avenue, the property offers excellent visibility and exposure. This high-traffic intersection sees over 30,000 vehicles per day, making it an ideal location for businesses seeking maximum exposure. Outstanding Investment Opportunity: With a purchase price of $268 per square foot—significantly below replacement cost—this property represents exceptional value for investors seeking to capitalize on a cost-effective acquisition. Signage & Visibility: The property features prominent storefront & pylon signage opportunities, further enhancing its appeal for tenants or owner-occupants looking to maximize exposure. Ideal for Owner-Occupants: By occupying 51% or more of the building’s square footage, buyers may qualify for SBA financing with as little as 10% down. Monthly interest costs are significantly lower than current market lease rates, making ownership a more affordable and attractive option. Redevelopment Potential: The property offers a redevelopment opportunity, providing additional value and flexibility for investors or owner-users seeking to maximize the site’s potential.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

±16,723 SF Freestanding Building for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,282 SF

ZONING

CO-SP

APN/PARCEL ID

8337-017-033

ASK ABOUT THIS PROPERTY

Paul SuProgressive Real Estate PartnersMore Info
626-417-4539

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Paul SuProgressive Real Estate PartnersMore Info
626-417-4539

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.