Storefront
For Sale
Contact for pricing
606 E Holt Ave, Pomona, CA 91767
Established retail building with a substantial commercial footprint and documented investment performance.
Property Size18,144 SF
Price / SF$330.69
Days on Market133
Property Features for 606 E Holt Ave
General Information
Standard status
Active
Size
18,144 SF
Property subtype
Retail
Lease Type
NN
Net Operating Income
$326,592
Building Details
Year Built
1965
Year Renovated
2026
Tenancy
Single
Listing Agency:
CBRE - Orange County
(949) 725-8463
Listed By:
Ian Schroeder · License #CA 01497897
Source:
Crexi
Added: Apr 20
Changed: Aug 30
Last Checked: Aug 30 at 4:46AM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
The property is a storefront retail asset at 606 E Holt Ave in Pomona, California. Built in 1965, the building contains 18,144 square feet of commercial space and is classified within the storefront property category.
The offering reflects a 5.44% CAP rate. Its established construction and sizable retail footprint provide the primary physical and investment characteristics identified for the property.
The offering reflects a 5.44% CAP rate. Its established construction and sizable retail footprint provide the primary physical and investment characteristics identified for the property.
Key Highlights
- 18,144 square feet of retail space
- 5.44% CAP rate
- Built in 1965
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
$262,788
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
4.38%
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%
$5,255,760
$5.3M
Cap Rate 7%
$3,754,114
$3.8M
Cap Rate 9%
$2,919,867
$2.9M
Market Conditions
NOI Build-Up for 18,144 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
$391.9K $21.60/SF
− Vacancy
−$16.5K −$0.91/SF
EGI
$375.4K $20.69/SF
− OpEx
−$112.6K −$6.21/SF
NOI
$262.8K $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%
$5,255,760
Cap Rate 7%
$3,754,114
Cap Rate 9%
$2,919,867
Alternative Uses
Best Use
Retail
$3.75M
$3.28M – $4.38M
NOI $262,788 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.82M
$5.09M – $6.79M
NOI $407,238 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
100k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 27%
Groceries 26%
Electronics 3%
Cardenas Market
Groceries
25,846 visits/mo
0.1 miles
McDonald's
Dining
22,896 visits/mo
0.3 miles
Wells Fargo
Shops & Services
13,675 visits/mo
0.4 miles
ARCO
Shops & Services
10,108 visits/mo
0.4 miles
AutoZone
Shops & Services
8,803 visits/mo
0.1 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Beautiful Flowers — 756 E Mission Blvd, Pomona, CA 91766
- Flower Delivery Pomona — e mission blvd, pomona, ca 91766
- Primetime — 109 e 3rd st, pomona, ca 91766
- Flora Craft Corporation — 1315 E 3rd St, Pomona, CA 91766
- Gardenias Flower Shop — 152 W Holt Ave, Pomona, CA 91768
Frequently Asked Questions
What type of property is this?
Storefront property - Established retail building with a substantial commercial footprint and documented investment performance.
Where is this storefront property located?
The property is located at 606 E Holt Ave Pomona, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 18,144 square feet of retail space; 5.44% CAP rate; Built in 1965
