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Corner Retail Shopping Center
For Sale
$999,000

208 E Holt Ave, Pomona, CA 91767

Two storefronts offer an existing month-to-month tenancy alongside space available for rent.

Property Size2,650 SF
Lot Size0.22 Acres
Price / SF$376.98
Days on Market35

Property Features for 208 E Holt Ave

General Information

Standard status Active
Size 2,650 SF
Total Parking Spaces 10
Lot size 0.22 Acres

Additional Details

Corner Location Yes

Building Details

Year Built 2011
Tenancy Multi
Listing Agency: Coldwell Banker Dynasty T.C.
Listed By: Jagjit Singh Reen · License #01296922
Source: Myfabuloushome
Added: Jul 26 Changed: Aug 29 Last Checked: Aug 29 at 10:40AM

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 Coldwell Banker Dynasty T.C.

Investment Insights

Based on property information with market context.

This corner retail shopping center includes two storefronts within a 9,611-square-foot lot. One space is occupied by a flower store under a month-to-month lease, while the second storefront is available for rent. The property was built in 2011 and includes 10 parking spaces.

Located on Holt Avenue in Pomona, the center sits across from a church and Little Caesars, placing it along a visible commercial corridor with pedestrian exposure. The configuration supports an owner-user, tenant, or multi-occupant retail strategy, subject to applicable requirements.

Key Highlights

  • Two storefronts with one flower store on a month‑to‑month lease and one space available for rent
  • 9,611‑square‑foot lot
  • 10 parking spaces

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
$38,381
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
3.84%
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%
$767,620 $767.6K
Cap Rate 7%
$548,300 $548.3K
Cap Rate 9%
$426,456 $426.5K
Market Conditions
NOI Build-Up for 2,650 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
$57.2K $21.60/SF
− Vacancy
−$2.4K −$0.91/SF
EGI
$54.8K $20.69/SF
− OpEx
−$16.4K −$6.21/SF
NOI
$38.4K $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%
$767,620
Cap Rate 7%
$548,300
Cap Rate 9%
$426,456

Alternative Uses

Best Use
Retail
$548.3K
$479.8K – $639.7K (±1% cap)
NOI $38,381 @ 7.0% cap · market cap 3.84%
Second Best
no second resolved use
Theoretical Best
Office A
$849.7K
$743.5K – $991.3K (±1% cap)
NOI $59,479 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

J&S Tools Hardware & Home Improvement Erleene's Florist (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Travel Agency Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,274
Businesses Nearby
158k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Groceries 27% Shops & Services 27%
Stater Bros. Markets Groceries
42,605 visits/mo 0.5 miles
McDonald's Dining
22,896 visits/mo 0.3 miles
Starbucks Dining
19,819 visits/mo 0.4 miles
Chase Bank Shops & Services
16,010 visits/mo 0.4 miles
Jack in the Box Dining
14,686 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Two storefronts offer an existing month-to-month tenancy alongside space available for rent.
Where is this shopping center located?
The property is located at 208 E Holt Ave Pomona, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two storefronts with one flower store on a month‑to‑month lease and one space available for rent; 9,611‑square‑foot lot; 10 parking spaces
More about this property
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