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20840226
20840237

141 Foothill Blvd, Pomona, CA 91767

JE
CA CA 01931224
CBRE LA
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA
$4,315,000
1446 days on market
Updated 26 days ago

141 W. Foothill Blvd

Details
APN 8302-023-030
Property Type Retail
Sub Type Auto Shop
Square Footage 6,750
Cap Rate 5.69%
NOI $245,736
Occupancy 77.57%
Tenancy Multi
Brand/Tenant American Tire Depot
Lease Type NNN
Lease Term 10
Lease Expiration 11/29/2034
Remaining Term 14
Rent Bumps Yes
Lease Options 4
Year Built 1986
Buildings 2
Lot Size (SqFt) 15,681
Zoning POC4
Tenant Credit Corporate Guarantee
Lease Commencement 11/30/2024
Ground Lease No

5.69% CAP | NNN Investment Opportunity | 12,040 SF

Marketing description

The property is in Pomona in Los Angeles County, between the Inland Empire and the San Gabriel Valley. The City has a population of 151,713 with a total are of 22.99 square miles. The main campus of California State Polytechnic University, Pomona, also known as Cal Poly Pomona, is located here.

As part of its vision statement, the City prides itself on being “a vibrant, safe, beautiful community that is a fun and exciting destination and the home of arts and artists, students and scholars, business and industry.”

Pomona’s Fairplex hosts the annual L.A. County Fair and the Pomona Swap Meet & Classic Car Show.

Other top Pomona attractions include… American Museum of Ceramic Art, Farm Store at Kellog Ranch, Wally Parks NHRA Motorsports Museum, Auto Club Raceway at Pomona, Rail Giants Train Museum, Fox Theater Pomona, Second Street Promenade, Kellog House at Cal Poly Pomona, Mountain Meadows Golf Course, Hard Fest, Sarvodaya Farms & Nursery, The Glass House, and Phillips Mansion.


Listing Contacts

JE
CA CA 01931224
CBRE LA
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$245,736.00
$20,478.00/mo

Valuation Metrics

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DSCR
5.69%
Cap Rate
5.69%
ROI

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Additional Information

Name
Jenny Eng
License
CA 01931224
Brokerage
CBRE
Brokerage Phone
8189074606
Title
First Vice President
Brokerage Address
234 South Brand Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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