Retail Building with Warm
For Sale
$950,000
1241 W Holt Ave, Pomona, CA 91768
Retail building offered for lease in warm shell condition.
Property Size3,200 SF
Price / SF$296.88
Days on Market191
Property Features for 1241 W Holt Ave
General Information
Standard status
Active
Size
3,200 SF
Building Details
Year Built
1959
Listing Agency:
CBRE
Listed By:
Jenny Eng
Source:
Myfabuloushome
Added: Mar 3
Changed: Sep 8
Last Checked: Sep 9 at 8:50PM
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 CBRE
Investment Insights
Based on property information with market context.
This retail building is available for lease and currently delivered in warm shell condition. The space is suitable for an incoming tenant to build out their own finishes and layout to match their operating needs.
The property is located at 1241 W Holt Ave in Pomona, CA. Please contact the listing broker for additional details on access, configuration, and any available terms.
Offered as a retail building, the improvements are staged to support customization after occupancy.
The property is located at 1241 W Holt Ave in Pomona, CA. Please contact the listing broker for additional details on access, configuration, and any available terms.
Offered as a retail building, the improvements are staged to support customization after occupancy.
Key Highlights
- Retail building available for lease
- Offered in warm shell condition
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,347
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$926,940
$926.9K
Cap Rate 7%
$662,100
$662.1K
Cap Rate 9%
$514,967
$515.0K
Market Conditions
NOI Build-Up for 3,200 SF
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.
Gross rent
$69.1K $21.60/SF
− Vacancy
−$2.9K −$0.91/SF
EGI
$66.2K $20.69/SF
− OpEx
−$19.9K −$6.21/SF
NOI
$46.3K $14.48/SF
Area
Pomona, CA
Vacancy
4.21%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$926,940
Cap Rate 7%
$662,100
Cap Rate 9%
$514,967
Alternative Uses
Best Use
Retail
$662.1K
$579.3K – $772.5K
NOI $46,347 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$897.8K – $1.20M
NOI $71,823 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Shops & Services 30%
Cardenas Market
Groceries
26,489 visits/mo
0.4 miles
76
Shops & Services
8,649 visits/mo
0.4 miles
U-Haul Moving & Storage At Holt Ave
Shops & Services
1,240 visits/mo
0.3 miles
Maaco
Shops & Services
1,064 visits/mo
0.4 miles
AAMCO Transmissions
Shops & Services
510 visits/mo
0.2 miles
Demographics for 91768, CA
35,568
Population
8,848
Households
4
Avg Household Size
31
Median Age
14%
College-Educated
70%
High-School Grad
8.2 sq mi
ZIP Area
4,338
Density / Sq Mi
$76,313
Median Household Income
$32,461
Median Earnings
$1,606
Median Rent
$536,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Candi's FLOWERS. — 1225 w holt ave a, pomona, ca 91768
- AUBREY'S FLOWER BOUTIQUE — 540 W Holt Ave, Pomona, CA 91768
- Love Expressions Flowers — 540 W Holt Ave, Pomona, CA 91768
- Flower Delivery Pomona
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building offered for lease in warm shell condition.
Where is this storefront property located?
The property is located at 1241 W Holt Ave Pomona, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Retail building available for lease; Offered in warm shell condition
