Retail Shopping Center with
For Sale
$2,030,888
1470 W Holt Avenue, Pomona, CA 91768
Front units accommodate medical, office, mixed-use, and retail configurations with attached storage space.
Property Size9,571 SF
Price / SF$369.25
Days on Market140
Property Features for 1470 W Holt Avenue
General Information
Standard status
Active
Size
9,571 SF
Property subtype
Retail
Site & Location
Traffic Count
45,000 vehicles/day
Road Access
Yes
Warehouse & Industrial
Clear Height
24 ft
Warehouse Space
5,500 SF
Amenities
Road signage included
Building Details
Building Size
9,571 SF
Year Built
1955
Buildings
1
Tenancy
Multi
Listing Agency:
Lifestyle Real Estate
(714) 759-4232
Listed By:
Waldin Gonzalez · License #01756984
Source:
Velocityrealtysd
Added: Mar 24
Changed: Aug 10
Last Checked: Aug 10 at 9:25AM
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 Lifestyle Real Estate
Investment Insights
Based on property information with market context.
This retail shopping center includes 3400 Sq. Ft. of front-unit space suited to medical or dental operations, mixed-use occupancy, office, and retail formats. An attached 5500 sq ft warehouse and storage area provides a 24' ceiling. Road signage is included, and the building dates to 1955.
Positioned on Holt Avenue in Pomona near Downtown Pomona, the property has frontage on Holt Ave and exposure to approximately 45,000 cars per day. A bus stop and train transportation hub are within walking distance, with freeways, residential areas, offices, and schools nearby.
Positioned on Holt Avenue in Pomona near Downtown Pomona, the property has frontage on Holt Ave and exposure to approximately 45,000 cars per day. A bus stop and train transportation hub are within walking distance, with freeways, residential areas, offices, and schools nearby.
Key Highlights
- 3400 Sq. Ft. of front‑unit space for medical, dental, office, mixed‑use, or retail use
- Attached 5500 sq ft warehouse and storage area with a 24' ceiling
- Frontage and road signage on Holt Ave
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
$90,606
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
4.46%
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%
$1,812,120
$1.8M
Cap Rate 7%
$1,294,371
$1.3M
Cap Rate 9%
$1,006,733
$1.0M
Market Conditions
NOI Build-Up for 5,500 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
$115.5K $21.00/SF
− Vacancy
−$8.9K −$1.62/SF
EGI
$106.6K $19.38/SF
− OpEx
−$16.0K −$2.91/SF
NOI
$90.6K $16.47/SF
Area
Pomona, CA
Vacancy
7.71%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
15.00%
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%
$1,812,120
Cap Rate 7%
$1,294,371
Cap Rate 9%
$1,006,733
Alternative Uses
Best Use
Warehouse
$1.29M
$1.13M – $1.51M
NOI $90,606 @ 7.0% cap · market cap 4.46%
Second Best
Healthcare Medical
$1.27M
$1.11M – $1.49M
NOI $89,100 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,446 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
24 ft
Clear height
45,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Front units accommodate medical, office, mixed-use, and retail configurations with attached storage space.
Where is this shopping center located?
The property is located at 1470 W Holt Avenue Pomona, CA.
What is the asking price?
The asking price for this property is $2,030,888.
What are key features of this property?
This property features: 3400 Sq. Ft. of front‑unit space for medical, dental, office, mixed‑use, or retail use; Attached 5500 sq ft warehouse and storage area with a 24' ceiling; Frontage and road signage on Holt Ave
