Available For Sale - Retail , Multifamily

0 SF | Show Pricing $

Retail and Multifamily Space in Pomona for sale
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AVAILABILITY DETAILS

Size
0 SF
Price/SF
Show Pricing $
Listing ID
SA465119
Notes
The Mogharebi Group is pleased to announce that it has been retained as the exclusive listing agent for the sale of Neo Pomona Plaza, a 9,500 SF mixed-use asset with 2 townhome apartment units. This property provides the right

investor an opportunity to acquire a fully occupied turnkey asset in Los Angeles County.



OPPORTUNITY ZONE LOCATION The community is in an Opportunity Zone, that provides investors with beneficial

tax treatment for making investments made within the zone.



100% OCCUPIED WITH TOWNHOME RENTAL UPSIDE Neo Pomona Plaza is 100% occupied with 4 of the 6 retail leases not expiring until 2024. The townhome units are only renting for $1,500 per month which is over $500 below

market, as-is, providing significant upside.



PRIME MIXED-USE ASSET The property was renovated in 2009 and is in pristine condition relative to similar-sized assets in Pomona. The property boasts 24 parking spots and is positioned on a corner lot.



PROXIMITY TO DOWNTOWN POMONA Neo Pomona Plaza is less than 1 mile from the Downtown Pomona Metrolink, benefiting the retail and residential units.



SHORT COMMUTE TO TOP EMPLOYERS The mixed-use asset is less than 4 miles from Pomona Valley Hospital (3,230 jobs) and Cal Poly (2,440 jobs).



OVER 30,000 CARS PER DAY ON HOLT AVENUE The community has significant frontage on Holt Ave, which has more than 30,000 cars per day. The property is within a mile of the 10 FWY and Western University of Health Services.
Uses
Retail
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Marcus Hernandez, Mogharebi Group