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Pomona Ranch Plaza 68 Rio Rancho Rd 22,720 SF 100% Leased Retail Building Pomona, CA 91766 $13,200,000 ($580.99/SF) 5.50% Cap Rate



INVESTMENT HIGHLIGHTS
- The property is situated at the busy intersection of Freeways 60 and 71, offering high visibility and strong traffic flow.
- The center features modern amenities, including 24 Tesla charging stations, which cater to the growing demand for electric vehicles.
- It benefits from a diverse tenant mix including Walmart, WinCo, Tesla, Starbucks, IHOP, Sonic, El Pollo Loco, and T-Mobile.
- Significant growth potential exists due to the planned development of over 100 apartments and hotels within the same center.
EXECUTIVE SUMMARY
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
22,720 SF
Building Class
B
Year Built
2007
Price
$13,200,000
Price Per SF
$580.99
Cap Rate
5.50%
NOI
$726,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
1.37 AC
Zoning
POC3 - Commercial
Parking
94 Spaces (4.14 Spaces per 1,000 SF Leased)
Frontage
494’ on Rio Rancho Rd
AMENITIES
- Banking
- Bus Line
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8708-027-001 | Improvements Assessment | $9,183,343 |
| Land Assessment | $2,553,661 | Total Assessment | $11,737,004 |
PROPERTY TAXES
Parcel Number
8708-027-001
Land Assessment
$2,553,661
Improvements Assessment
$9,183,343
Total Assessment
$11,737,004
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Pomona Ranch Plaza | 68 Rio Rancho Rd
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