1120-1140 Price Ave, Pomona, CA
Value-add opportunity with below-market, short-term leases.
- Added:
- Dec 2, 2025
- Days on Market:
- 192
- Last Refresh:
- Apr 5 at 8:09 pm
Property Features for 1120-1140 Price Ave
General Information
- Standard status
- Active
- Size
- 28,544 SF
- Lot size
- 1.39 Acres
- Property subtype
- INDUSTRIAL
Listing agent Joseph Harmon, SIOR License ##02049508 (626) 840-7040
Listing office Daum Commercial (626) 840-7040
Listing date Dec 2, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Daum Commercial
HighLights
- Opportunity to raise rents immediately due to below‑market, short‑term leases.
- Pro Forma CAP Rate: 6.5%
- Value Add Opportunity
- Multi‑Tenant Leased Investment
- Environmental Reports Completed and On‑Hand
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $599.4k | $21.00 |
| − Vacancy | −$46.2k | −$1.62 |
| EGI | $553.2k | $19.38 |
| − OpEx | −$83.0k | −$2.91 |
| NOI | $470.2k | $16.47 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- PrimeZone — 739 Indian Hill Blvd, Pomona, CA 91767
- Public Storage — 4026 Mission Blvd, Montclair, CA 91763
- Holland & Herring Manufacturing Inc — 661 E Monterey Ave, Pomona, CA 91767
Location Insight
- Map
- Local Demand
- City
- Pomona
- County
- Los Angeles
- State
- California
- Longitude
- -117.728
- Latitude
- 34.0599
