Freestanding Hard-Corner Retail
1700 S Garey Pomona, CA 91766
For Sale
$1,880,000
Pending
Newer 2007 freestanding retail building on a hard-corner with strong visibility along two major avenues.
Property Size5,776 SF
Lot Size0.46 Acres
Days on Market121
Property Features for 1700 S Garey
General Information
- Standard status
- Pending
- Size
- 5,776 SF
- Lot size
- 0.46 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing Agency:
Growth Investment Group
(626) 594-4900
Listed By:
Handoko Chen · License #01749321
(626) 594-4900
Source:
Elliman
Added: Mar 27
Changed: Jul 23
Last Checked: Jul 23 at 11:30AM
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 Growth Investment Group
Investment Insights
Based on property information with market context.
100% vacant freestanding, single-story retail building built in 2007, offering a versatile open-layout shell condition for owner-users or investors. The property provides ample parking on a large lot and was previously operated as a retail showroom (formerly Warehouse Shoe Sale), with the tenant recently relocating. The interior is presented in shell condition, allowing a new occupant to configure the space for their specific needs (buyer to verify).
Located on a hard corner with excellent visibility on Garey Ave and Franklin Ave in Pomona, the site is described as having superb traffic volume of approximately 25,000 VPD. The asset is served by Commercial Service (CS/C-S) zoning, which supports a wide range of retail and service uses, and the remarks note medical uses are allowed (buyer to verify).
This offering totals 5,776 square feet on an approximately 120,000 square foot lot. Buyers should confirm all details including utility systems referenced in the remarks and zoning or use specifics during diligence.
Located on a hard corner with excellent visibility on Garey Ave and Franklin Ave in Pomona, the site is described as having superb traffic volume of approximately 25,000 VPD. The asset is served by Commercial Service (CS/C-S) zoning, which supports a wide range of retail and service uses, and the remarks note medical uses are allowed (buyer to verify).
This offering totals 5,776 square feet on an approximately 120,000 square foot lot. Buyers should confirm all details including utility systems referenced in the remarks and zoning or use specifics during diligence.
Key Highlights
- 100% vacant freestanding retail building built in 2007 with 5,776 SF of interior space
- Hard‑corner location on Garey Ave and Franklin Ave with reported 25k VPD traffic volume and strong visibility
- Large ±20,000 SF lot with ample on‑site parking
Financial Insights For Retail
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 | $124.8k | $21.60 |
| − Vacancy | −$5.3k | −$0.91 |
| EGI | $119.5k | $20.69 |
| − OpEx | −$35.9k | −$6.21 |
| NOI | $83.7k | $14.48 |
5,776 SF · lease $21.60/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.39M
NOI $83,656 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,641 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
WSS
Clothing & Fashion Store
FAQs
What type of property is this?
Retail space - Newer 2007 freestanding retail building on a hard-corner with strong visibility along two major avenues.
Where is this retail space located?
The property is located at 1700 S Garey Pomona, CA.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: 100% vacant freestanding retail building built in 2007 with 5,776 SF of interior space; Hard‑corner location on Garey Ave and Franklin Ave with reported 25k VPD traffic volume and strong visibility; Large ±20,000 SF lot with ample on‑site parking
