Mixed-Use Property with Multiple
New
For Sale
$1,999,999
777 Indian Hill Boulevard, Pomona, CA 91767
Owner-operated retail space is complemented by restaurant and party supply tenants near a freeway and established residential surroundings.
Property Size4,700 SF
Price / SF$425.53
Days on Market2
Property Features for 777 Indian Hill Boulevard
General Information
Standard status
Active
Size
4,700 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1961
Tenancy
Multi
Listing Agency:
Elevate Real Estate Agency
(909) 993-5710
Listed By:
Judy Jee · License #01442050
Source:
Myfabuloushome
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 8:48AM
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 Elevate Real Estate Agency
Investment Insights
Based on property information with market context.
Built in 1961, this 4,700-square-foot mixed-use property includes an owner-operated beauty supply business along with restaurant and party supply tenants. The existing tenant mix provides multiple commercial uses within one property at 777 Indian Hill Boulevard in Pomona.
The site is positioned near a freeway and within a surrounding residential community. Its square-shaped lot supports the current commercial configuration and may accommodate future planning for a blend of commercial and residential uses, subject to applicable approvals.
The site is positioned near a freeway and within a surrounding residential community. Its square-shaped lot supports the current commercial configuration and may accommodate future planning for a blend of commercial and residential uses, subject to applicable approvals.
Key Highlights
- 4,700‑square‑foot mixed‑use property at 777 Indian Hill Boulevard
- Owner‑operated beauty supply business on site
- Additional restaurant and party supply tenants
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
$68,072
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
3.40%
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%
$1,361,440
$1.4M
Cap Rate 7%
$972,457
$972.5K
Cap Rate 9%
$756,356
$756.4K
Market Conditions
NOI Build-Up for 4,700 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
$101.5K $21.60/SF
− Vacancy
−$4.3K −$0.91/SF
EGI
$97.2K $20.69/SF
− OpEx
−$29.2K −$6.21/SF
NOI
$68.1K $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%
$1,361,440
Cap Rate 7%
$972,457
Cap Rate 9%
$756,356
Alternative Uses
Best Use
Retail
$972.5K
$850.9K – $1.13M
NOI $68,072 @ 7.0% cap · market cap 3.40%
Second Best
Mixed Use
$926.6K
$810.8K – $1.08M
NOI $64,860 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,491 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
106k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Groceries 36%
Shops & Services 16%
Electronics 9%
El Super
Groceries
37,801 visits/mo
0.1 miles
Tierra Mia Coffee
Dining
28,338 visits/mo
0.0 miles
Taco Bell
Dining
10,372 visits/mo
0.0 miles
7-Eleven
Shops & Services
7,603 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
4,424 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Owner-operated retail space is complemented by restaurant and party supply tenants near a freeway and established residential surroundings.
Where is this mixed-use property located?
The property is located at 777 Indian Hill Boulevard Pomona, CA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 4,700‑square‑foot mixed‑use property at 777 Indian Hill Boulevard; Owner‑operated beauty supply business on site; Additional restaurant and party supply tenants
