For Sale
$2,434,783

784 Holt AvePomona, CA 91768

Prime retail location, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
108

Highlights

  • Strong tenant: United Pacific, a joint venture of Phillips 66 and Fortress Investment Group, LLC, operating under an absolute NNN lease.
  • Absolute NNN lease with rent increases: 9.6-year lease with 7.5% rent increases in July 2029 and each 5-year option.
  • High barriers to entry: Irreplaceable location with significant barriers for new gas station competitors.
  • Long-term operating history: Average operating history of approximately 50 years.
  • High intrinsic value: Infill location with strong underlying value.
  • Excellent location: Prime location in Los Angeles County with high visibility and accessibility, serving a thriving community with average household income of $103,841 within a 3-mile radius.

Property Details for 784 Holt Ave

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,355 SF
Year Built
1952
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Pomona
County
Los Angeles
State
California
Latitude
34.0618404
Longitude
-117.7628005
784 Holt Ave, Pomona, California
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784 Holt Ave
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