Fenced Industrial Flex
For Sale
Contact for pricing
206 N Towne Avenue, Pomona, CA 91767
Industrial flex building with fully fenced premises, office space, and fenced/covered storage plus paved yard.
Property Size7,260 SF
Price / SF$264.88
Days on Market59
Property Features for 206 N Towne Avenue
General Information
Standard status
Active
Size
7,260 SF
Total Parking Spaces
28
Property subtype
Office, Industrial
Zoning
WDI
Lease Type
Modified Gross
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Year Built
1955
Tenancy
Single
Listing Agency:
Lee & Associates - Ontario
Listed By:
Matthew Rodriguez · License #02235265
(909) 373-2715
Source:
Crexi
Added: Jul 9
Changed: Aug 14
Last Checked: Sep 5 at 9:57AM
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 Lee & Associates - Ontario
Investment Insights
Based on property information with market context.
This fenced industrial flex building includes 7,260 SF of industrial space with 2,400 SF of office space. The premises are entirely fenced and feature a fenced/covered storage area that is not included in the stated building SF. A paved yard supports on-site operations, and the property includes 28 parking spaces.
The building offers excellent access to the 10, 60, and 71 freeways. Nearby amenities include restaurants and the Metrolink Station. The property is a free standing building located at 206 N. Towne Avenue in Pomona, California.
The building offers excellent access to the 10, 60, and 71 freeways. Nearby amenities include restaurants and the Metrolink Station. The property is a free standing building located at 206 N. Towne Avenue in Pomona, California.
Key Highlights
- Industrial building totaling 7,260 SF for sale/lease at 206 N. Towne Avenue, Pomona, CA 91767 (built in 1955)
- Includes 2,400 SF of office space
- Entire premises is fenced, plus a fenced/covered storage area (not included in SF) and a paved yard
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
$119,600
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
6.22%
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%
$2,392,000
$2.4M
Cap Rate 7%
$1,708,571
$1.7M
Cap Rate 9%
$1,328,889
$1.3M
Market Conditions
NOI Build-Up for 7,260 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
$152.5K $21.00/SF
− Vacancy
−$11.8K −$1.62/SF
EGI
$140.7K $19.38/SF
− OpEx
−$21.1K −$2.91/SF
NOI
$119.6K $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%
$2,392,000
Cap Rate 7%
$1,708,571
Cap Rate 9%
$1,328,889
Alternative Uses
Best Use
Warehouse
$1.71M
$1.50M – $1.99M
NOI $119,600 @ 7.0% cap · market cap 6.22%
Second Best
Industrial
$1.41M
$1.23M – $1.64M
NOI $98,494 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $162,949 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,044
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91767, CA
51,654
Population
15,653
Households
3.3
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
5.7 sq mi
ZIP Area
9,062
Density / Sq Mi
$80,201
Median Household Income
$37,340
Median Earnings
$1,749
Median Rent
$585,100
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 building with fully fenced premises, office space, and fenced/covered storage plus paved yard.
Where is this flex space located?
The property is located at 206 N Towne Avenue Pomona, CA.
What is the asking price?
The asking price for this property is $1,923,000.
What are key features of this property?
This property features: Industrial building totaling 7,260 SF for sale/lease at 206 N. Towne Avenue, Pomona, CA 91767 (built in 1955); Includes 2,400 SF of office space; Entire premises is fenced, plus a fenced/covered storage area (not included in SF) and a paved yard
