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23271960

2085 W Holt Ave, Pomona, CA 91768

MU
CA CA 02053595, CA CalDRE #02053595
SVN Vanguard
AY
CA 02052345
SVN Vanguard
Listed by SVN Vanguard
$11,300,000
394 days on market
Updated 22 days ago

King's Plaza

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 45,777
Cap Rate 6.50%
Occupancy 85%
Tenancy Multi
Lease Type NNN
Investment Type Value Add
Ground Lease No

Retail | 6.5% CAP | 45,777 SqFt

Marketing description

King’s Plaza presents a rare opportunity to acquire a multi-tenant neighborhood retail center in the heart of Pomona, CA. Situated along a high-traffic corridor with strong surrounding demographics, this ±48,000 SF center sits on ±3.4 acres and is anchored by a mix of long-standing tenants, national brands, and essential service providers.

The property offers significant upside through lease-up of vacant units and rent increases on below-market leases, making it an ideal value-add investment for investors or exchange buyers seeking immediate income with long-term growth potential.

Investment highlights

  1. Brand-New 7,800 SF AutoZone: National credit tenant just added to the center, enhancing traffic, credit profile, and long-term stability

  2. New Monument Signage: Recently installed, significantly increasing visibility and branding opportunities for tenants

  3. Value-Add Opportunity: Lease-up potential on remaining vacancies and below-market rents create strong upside

  4. Diverse Tenant Mix: Anchored by service-oriented and daily needs tenants that drive consistent foot traffic

  5. Dense Trade Area: Surrounded by residential rooftops, schools, and employers with strong retail demand

  6. 1031 Exchange Ready: Income-producing asset with upside, ideal for exchange buyers or private investors

  7. High-Traffic Frontage: Located on a major corridor with exposure to thousands of vehicles daily

  8. Pad or Outparcel Potential: Buyer may explore future development or reconfiguration for additional value (buyer to verify)

Listing Contacts

MU
CA CA 02053595, CA CalDRE #02053595
SVN Vanguard
AY
CA 02052345
SVN Vanguard
Listed by SVN Vanguard

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Additional Information

Name
Mohit Uppal
License
CA 02053595
Brokerage
SVN Vanguard
Title
Senior Advisor
Brokerage Address
4455 Murphy Canyon Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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