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Prime Real Estate - $6,500,000 495 E Holt Ave 14,490 SF Retail Building Pomona, CA 91767 $6,500,000 ($448.59/SF) 7.57% Cap Rate
INVESTMENT HIGHLIGHTS
- PRIME HARD CORNER SIGNALIZED INTERSECTION
- Absolute NNN lease – zero landlord responsibilities
- 7.5% cap rate with future repositioning or redevelopment upside
- ADT Volume over 47,000 Vehicles Per Day
- Prime Holt Ave frontage with drive-thru and signalized access
- Corporate tenant paying $41,000/month NNN through Aug 2028
EXECUTIVE SUMMARY
Contact broker for a detailed offering memorandum
• Prime real estate adjacent to McDonalds, hard corner signalized intersection.
• Corporate Credit Income – Walgreens Co. continues to pay $492,000 annually (NNN) with ~3 years remaining, offering predictable income from a Fortune 500 tenant.
• Absolute NNN Lease – No landlord expenses; tenant covers all property taxes, insurance, and maintenance, providing passive, bond-like income.
• High Yield Opportunity – At a $6.5M offering price, the property delivers an attractive 7.5% cap rate, exceeding current yields for comparable short-term credit assets.
• Prime Real Estate – Freestanding ±14,500 SF building with drive-thru and signalized Holt Avenue frontage (±47,000 vehicles per day at intersection).
• Flexible Exit Strategy – Near-term lease expiration allows for multiple repositioning options: re-tenanting, medical conversion, or redevelopment.
• Strong Underlying Land Value – ±1.25-acre parcel with high visibility and access in the core Pomona retail corridor, adjacent to national brands (McDonald’s, Smart & Final, AutoZone).
• 1031 Exchange Ready – Ideal for investors seeking stable NNN income with residual land upside and minimal management responsibility.
C-4 General Commercial allows a wide range of retail, service, office, and limited light commercial uses (think medical, restaurant, showroom, auto-related, or general merchandise).
Under the East Holt Corridor District overlay (Pomona Corridors Specific Plan), the city encourages reinvestment, adaptive reuse, and mixed commercial redevelopment along Holt Avenue. Pharmacy use is restricted only by Walgreens’ lease covenant, not by zoning.
Future potential uses include:
Medical / Urgent Care / Dental
Retail or Service Commercial
Restaurant or Drive-Thru
Fitness / Health / Training
Office or Administrative
Potential mixed-use redevelopment (with CUP)
All information contained herein is obtained from sources deemed reliable but is not guaranteed. Broker makes no representation, warranty, or guarantee as to the accuracy of the information, including but not limited to square footage, income, expenses, zoning, or condition of the property. Prospective buyers are advised to verify all information independently and conduct their own due diligence. Property is offered subject to prior sale, lease, or withdrawal without notice.
• Prime real estate adjacent to McDonalds, hard corner signalized intersection.
• Corporate Credit Income – Walgreens Co. continues to pay $492,000 annually (NNN) with ~3 years remaining, offering predictable income from a Fortune 500 tenant.
• Absolute NNN Lease – No landlord expenses; tenant covers all property taxes, insurance, and maintenance, providing passive, bond-like income.
• High Yield Opportunity – At a $6.5M offering price, the property delivers an attractive 7.5% cap rate, exceeding current yields for comparable short-term credit assets.
• Prime Real Estate – Freestanding ±14,500 SF building with drive-thru and signalized Holt Avenue frontage (±47,000 vehicles per day at intersection).
• Flexible Exit Strategy – Near-term lease expiration allows for multiple repositioning options: re-tenanting, medical conversion, or redevelopment.
• Strong Underlying Land Value – ±1.25-acre parcel with high visibility and access in the core Pomona retail corridor, adjacent to national brands (McDonald’s, Smart & Final, AutoZone).
• 1031 Exchange Ready – Ideal for investors seeking stable NNN income with residual land upside and minimal management responsibility.
C-4 General Commercial allows a wide range of retail, service, office, and limited light commercial uses (think medical, restaurant, showroom, auto-related, or general merchandise).
Under the East Holt Corridor District overlay (Pomona Corridors Specific Plan), the city encourages reinvestment, adaptive reuse, and mixed commercial redevelopment along Holt Avenue. Pharmacy use is restricted only by Walgreens’ lease covenant, not by zoning.
Future potential uses include:
Medical / Urgent Care / Dental
Retail or Service Commercial
Restaurant or Drive-Thru
Fitness / Health / Training
Office or Administrative
Potential mixed-use redevelopment (with CUP)
All information contained herein is obtained from sources deemed reliable but is not guaranteed. Broker makes no representation, warranty, or guarantee as to the accuracy of the information, including but not limited to square footage, income, expenses, zoning, or condition of the property. Prospective buyers are advised to verify all information independently and conduct their own due diligence. Property is offered subject to prior sale, lease, or withdrawal without notice.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2003
Price
$6,500,000
Price Per SF
$448.59
Cap Rate
7.57%
NOI
$492,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
POC4-T4* - Flexible C-4 General Commercial zoning within Pomona’s East Holt Corridor—ideal for retail, medical, or redevelopment with strong visibility.
Parking
60 Spaces (4.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
- Car Charging Station
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8337-015-034 | Improvements Assessment | $3,845,954 (2025) |
| Land Assessment | $5,545,004 (2025) | Total Assessment | $9,390,958 (2025) |
PROPERTY TAXES
Parcel Number
8337-015-034
Land Assessment
$5,545,004 (2025)
Improvements Assessment
$3,845,954 (2025)
Total Assessment
$9,390,958 (2025)
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Prime Real Estate - $6,500,000 | 495 E Holt Ave
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