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Valley Plaza 2407 Valley Blvd 11,672 SF 100% Leased Retail Building Pomona, CA 91768 $2,900,000 ($248.46/SF) 5.92% Cap Rate



EXECUTIVE SUMMARY
Progressive Real Estate Partners is pleased to present Valley Plaza, a ±11,720 SF multi-tenant retail center strategically positioned along Valley Boulevard in Pomona, CA—one of the region’s most active commuter and commercial corridors. Situated on ±0.90 acres and configured with two freestanding pads and an inline strip, the center offers strong street visibility, efficient access, and flexible leasing formats attractive to a broad range of daily-needs tenants. Valley Plaza is currently leased to a diverse, internet-resistant tenant mix including restaurants, dental, fitness, water & ice, laundromat, salon, and tax services—creating durable, service-based cash flow with high consumer frequency. In-place rents range from $1.25 to $1.64/SF MG, while the most recent lease signed at $1.85/SF + $0.65/SF NNN confirms significant rental upside. Located in a densely populated residential trade area with limited retail alternatives and no new construction in the pipeline, Valley Plaza offers investors a rare LA County value-add opportunity with both income stability and long-term growth potential.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
11,672 SF
Building Class
B
Year Built
1993
Price
$2,900,000
Price Per SF
$248.46
Cap Rate
5.92%
NOI
$171,553
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.90 AC
Zoning
C2 - Community Commercial
Parking
32 Spaces (2.74 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Prior Storage Space
| Space | Size | Space Use | Position | Available |
| A-4 | 672 SF | Retail | - | Now |
A-4
| Size |
| 672 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
A-4
| Size | 672 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Prior Storage Space
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8707-005-024 | Improvements Assessment | $1,563,967 |
| Land Assessment | $1,421,790 | Total Assessment | $2,985,757 |
PROPERTY TAXES
Parcel Number
8707-005-024
Land Assessment
$1,421,790
Improvements Assessment
$1,563,967
Total Assessment
$2,985,757
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Valley Plaza | 2407 Valley Blvd
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