790 W Holt Ave - Service Station FOR SALE
Pomona, CA 91768 |
$2,333,333 USD
703-477-1315
790 W Holt Ave
Pomona, CA 91768
HIGHLIGHTS
- The site is subject to a ±8.9-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
- Irreplaceable location with high barriers to entry for new gas competitors.
- Operating history of 60+ years.
- Infill location with strong underlying intrinsic value.
OVERVIEW
CBRE is pleased to offer for sale the 2,355 SF United Pacific fuel and convenience store located on .43 acres in Pomona, CA - a component of the Los Angeles-Long Beach-Anaheim, CA MSA. The site is subject to a ±8.9-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
BUSINESS IS NOT FOR SALE
FOR SALE DETAILS
PRICE
$2,333,333 USD
PRICE/SF
$1,011 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
United Pacific: Pomona, CA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1958
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.43 AC
LAND SF
18,731 SF
ZONING
POC4*
APN/PARCEL ID
8348-012-043
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703-477-1315
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703-477-1315
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