526-526 W Monterey Ave - Manufacturing FOR SALE


Pomona, CA 91768
$2,988,000 USD
626-818-0444
526-526 W Monterey Ave, Pomona, CA for Sale
$2,988,000 USD
Manufacturing - FOR SALE
1/17
null | 5.8% Cap Rate

526-526 W Monterey Ave
Pomona, CA 91768


HIGHLIGHTS

  • Fully leased to Parts Authority, LLC under a long-term industrial lease.
  • Annual rent increases of 2.50% provide contractual income growth.
  • Corner location with access to I-10, SR-60, SR-71, and SR-57.
  • Two-building configuration supports future operational flexibility.

OVERVIEW

526 W Monterey Avenue and 253 N Rebecca Street present the opportunity to acquire a fully leased industrial investment in Pomona, California, occupied by Parts Authority, LLC, a national automotive replacement parts distributor operating an extensive distribution network across the United States. The property consists of two industrial buildings situated on three separate parcels, including an additional secured yard and parking parcel that enhances operational flexibility and future repositioning potential. The asset benefits from a lease structure that provides annual contractual rent growth through 2.50% yearly escalations and includes two five-year renewal options, extending potential occupancy through July 2040. Significant capital improvements completed in 2022 included HVAC replacement, new copper plumbing, ADA upgrades, new windows, and lighting enhancements, reducing near-term capital expenditure requirements for ownership. Positioned at the corner of W Monterey Avenue and N Rebecca Street, the property offers immediate access to Interstate 10, State Routes 60, 71, and 57, connecting Los Angeles County with the Inland Empire's industrial and logistics corridors. The location places major employment centers, distribution routes, Ontario International Airport, and a large regional consumer base within convenient reach, supporting the tenant's operational model and long-term occupancy needs.

FOR SALE DETAILS

PRICE

$2,988,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parts Authority

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

UTILITIES

Lighting - Fluorescent, Water - City, Sewer - City

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.66

LAND SF

28,800

ZONING

DI-SP

APN/PARCEL ID

8340-034-004,8340-034-009,8340-034-021

ASK ABOUT THIS PROPERTY

Lui SalazarDAUM Commercial Real EstateMore Info
626-818-0444

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Lui SalazarDAUM Commercial Real EstateMore Info
626-818-0444

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