2051 Rancho Valley Dr - Restaurant FOR SALE


Pomona, CA 91766 | 
$5,425,000 USD
626-347-3300
2051 Rancho Valley Dr, Pomona, CA for Sale
$5,425,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

2051 Rancho Valley Dr
Pomona, CA 91766


HIGHLIGHTS

  • 100% Leased Restaurant Investment
  • 2015 Construction + Established Restaurant Improvements
  • Target Shadow-Anchored + Strong National Co-Tenancy
  • Serves Chino Hills, Diamond Bar, Walnut, and Phillips Ranch
  • ±5.4 Million Annual Visitors — Rio Rancho Towne Center

OVERVIEW

Progressive Real Estate Partners is pleased to offer for sale a 100% leased, three-tenant restaurant building in the densely populated, well-established Los Angeles County community of Pomona, California. Shadow-anchored by Target, the property is situated within Rio Rancho Towne Center, the area’s primary shopping and dining destination serving Pomona, Chino Hills, Diamond Bar, Walnut, and Phillips Ranch and attracting approximately 5.4 million annual visitors. Developed in 2015, the property combines Little Caesars’ national brand credit with Corky’s Kitchen & Bakery’s strong regional presence and approximately decade-long operating history at the site. Corky’s recently demonstrated its continued commitment by exercising a five-year renewal, while expanding regional operator Baqba Mexican Grill has made a significant investment in its space with a high-image buildout and a fresh 10-year lease. All three tenants are committed through 2031 - 2035, providing long-term tenancy within an established regional retail destination.

FOR SALE DETAILS

PRICE

$5,425,000 USD

PRICE/SF

$688 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased 3-Tenant Restaurant Pad

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

POC4

APN/PARCEL ID

8344-024-049

ASK ABOUT THIS PROPERTY

Trinnie LeeProgressive Real Estate PartnersMore Info
626-347-3300

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Trinnie LeeProgressive Real Estate PartnersMore Info
626-347-3300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.