68 Rio Rancho Rd - Storefront Retail/Office FOR SALE


Pomona, CA 91766
$14,300,000 USD
626-864-1598
68 Rio Rancho Rd, Pomona, CA for Sale
$14,300,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 5.02% Cap Rate

68 Rio Rancho Rd
Pomona, CA 91766


HIGHLIGHTS

  • The property is situated at the busy intersection of Freeways 60 and 71, offering high visibility and strong traffic flow.
  • It benefits from a diverse tenant mix including Walmart, WinCo, Tesla, Starbucks, IHOP, Sonic, El Pollo Loco, and T-Mobile.
  • The center features modern amenities, including 24 Tesla charging stations, which cater to the growing demand for electric vehicles.
  • Significant growth potential exists due to the planned development of over 100 apartments and hotels within the same center.

OVERVIEW

This rare 1031 Exchange retail investment is part of the expansive 72-acre Pomona Ranch Plaza, ideally located at the intersection of Freeways 60 and 71. Situated within a Walmart and 24-hour WinCo-anchored power center, the property benefits from exceptional visibility and accessibility. The center features a premier tenant lineup including Tesla—with 24 Tesla charging stations—Starbucks, IHOP, Sonic, El Pollo Loco, T-Mobile, USACE, and others, providing strong and stable income. The property consists of 10 units totaling 22,089 square feet on a 59,861 square foot lot. With a net operating income of $718,058 and a cap rate of 5.02%, this investment offers both stability and upside potential. The seller is open to financing options, and the development of over 100 apartments and hotels within the same center further supports long-term growth. This is a compelling opportunity to acquire a well-positioned retail asset in a thriving Pomona retail corridor.

FOR SALE DETAILS

PRICE

$14,300,000 USD

PRICE/SF

$647 USD /SF

CAP RATE

5.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pomona Ranch Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

POC3

APN/PARCEL ID

8708-027-001

ASK ABOUT THIS PROPERTY

Leo Yong Gao, CCIMSPERRY-Hebron EquitiesMore Info
626-864-1598

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

Leo Yong Gao, CCIMSPERRY-Hebron EquitiesMore Info
626-864-1598

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