Flex Space with Fenced
For Sale
Contact for pricing
177 Atlantic Street, Pomona, CA 91768
Industrial flex space combines warehouse functionality with dedicated office areas and a secured yard.
Property Size8,541 SF
Price / SF$304.41
Days on Market62
Property Features for 177 Atlantic Street
General Information
Standard status
Active
Size
8,541 SF
Total Parking Spaces
15
Property subtype
Industrial
Zoning
M2, Pomona
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
18 ft
Office Build-Out
2,000 SF
Drive-In Doors
2
Heavy Power
Yes
Building Details
Year Built
1986
Buildings
1
Listing Agency:
Major Properties
(310) 880-2329
Listed By:
Jamie Kennedy · License #02426913
Source:
Crexi
Added: Jul 1
Changed: Aug 30
Last Checked: Aug 30 at 6:51AM
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 Major Properties
Investment Insights
Based on property information with market context.
This 8,541-square-foot flex facility, built in 1986, offers an industrial layout with 18-foot clear height, heavy power, air conditioning, and multiple skylights. Two ground-level drive-in doors support loading and receiving, while approximately 2,000 square feet of office space includes a reception area. A fenced yard provides approximately 15 surface parking spaces. The current tenant will vacate with 30 days notice.
Located at 177 Atlantic Street in Pomona, the property is zoned M2 and positioned within Pomona Lewis Business Park. Access to the Pomona (SR-60) and Chino Valley (SR-71) Freeways supports regional movement throughout the Inland Empire and Southern California.
Located at 177 Atlantic Street in Pomona, the property is zoned M2 and positioned within Pomona Lewis Business Park. Access to the Pomona (SR-60) and Chino Valley (SR-71) Freeways supports regional movement throughout the Inland Empire and Southern California.
Key Highlights
- 8,541‑square‑foot flex facility in Pomona Lewis Business Park
- 18‑foot clear height with heavy power and air conditioning
- Approximately 2,000 square feet of office space with reception area
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
$140,702
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
5.41%
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%
$2,814,040
$2.8M
Cap Rate 7%
$2,010,029
$2.0M
Cap Rate 9%
$1,563,356
$1.6M
Market Conditions
NOI Build-Up for 8,541 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
$179.4K $21.00/SF
− Vacancy
−$13.8K −$1.62/SF
EGI
$165.5K $19.38/SF
− OpEx
−$24.8K −$2.91/SF
NOI
$140.7K $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%
$2,814,040
Cap Rate 7%
$2,010,029
Cap Rate 9%
$1,563,356
Alternative Uses
Best Use
Warehouse
$2.01M
$1.76M – $2.35M
NOI $140,702 @ 7.0% cap · market cap 5.41%
Second Best
Industrial
$1.66M
$1.45M – $1.93M
NOI $115,873 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $191,701 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
2
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
552
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex space combines warehouse functionality with dedicated office areas and a secured yard.
Where is this flex space located?
The property is located at 177 Atlantic Street Pomona, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 8,541‑square‑foot flex facility in Pomona Lewis Business Park; 18‑foot clear height with heavy power and air conditioning; Approximately 2,000 square feet of office space with reception area
