1055 East Holt, Pomona, California - Commercial Real Estate for Sale

1055 – 1067 Holt Pomona, CA 91767

FOR SALE Commercial / Retail

Nathan Bragg, SVP Industrial / Commercial Real Estate

909-210-3175 [email protected] CAL BRE BROKER # 01340519

RE/MAX Commercial Division | RE/MAX Time Realty 10535 Foothill Blvd., Suite 100, Rancho Cucamonga CA 91730

Each office is individually owned and operated | Buyer to verify all information

Centennial Retail Center

• Great Upside Potential• Inline Street Retail / Office• 10,875 SF Building• 4 Units• 25,322 SF Lot• Large Off Street Parking Lot• Avg. Daily Traffic Count

33,000 Vehicles Per Day• 3 mile Population 196,000• 3 mile HH Income $63,462

As of June 2016

$1,500,000

1055 – 1067 Holt Pomona, CA 91767

Confidentiality & Non Disclosure Agreement Page 1 of 2

By receiving this marketing information all parties agree to the following: In connection with ourrequest for information and downloading information regarding the property listed for sale or leaseherein (the “Property”) for possible purchase or lease RE/MAX Time and its agents have agreed tofurnish to us (Buyer or Buyers Agent or Affiliate) certain materials and information concerning theProperty. In contemplation of the receipt of such materials and information, the requesting recipienthereby affirms that [he/she] is duly authorized, to represent a potential buyer, and affirms theagreement and to abide by the terms of this Confidentiality & Non-Disclosure Agreement(“Agreement”) and buyers we represent shall abide by said agreement as well. As used herein,“Owner’s Related Parties” shall mean any and all persons and/or entities affiliated or associated withOwner.

As used herein, we acknowledge that the term “Confidential Information” shall mean (i) allinformation and documents in any way relating to the Property, the operation thereof or the salethereof, furnished to, or otherwise made available for review by us, our agents, representatives,lenders, financial partners, attorneys, affiliates and employees (“Representatives”); and (ii) allanalyses, compilations, data, studies, reports or other information or documents prepared orobtained by us or our Representatives containing or based in whole or in part, on the information ordocuments described in the preceding clause (i), or otherwise reflecting our review or investigation ofthe Property. Such information which is generally available to the public shall not be consideredconfidential. Do not notify, enter the property, discuss or disturb any of the tenants and/orcustomers of the property regarding the sale of this property until a mutually agreed upon contractis executed by all parties

We hereby agree that all Confidential Information shall be kept strictly confidential and shall not,without the Owner’s prior written consent, be disclosed by us, except to our Representatives, or byour Representatives, directly or indirectly, for any purpose other than evaluating the possiblepurchase of the Property. Moreover, we agree that the Confidential Information will be transmittedonly to our Representatives who need to know the Confidential Information for the purpose ofevaluating the Property and that such Representative shall be informed of and bound by the terms ofthis Agreement. Concurrently with our delivery to our Representatives of Confidential Information,we agree to notify the owner, if so requested, as to such Representatives’ identity (on a company-by-company basis) and they will be required to sign the appropriate confidentiality agreement.

Our agreement to keep all Confidential Information in this strictest of confidence includes, but is notlimited to: (a) an obligation by us and our Representatives not to directly or indirectly, reveal, publish,disclose or transfer any such Confidential Information or information regarding the potential sale ofthe Property, (b) our agreement not to use any such Confidential Information in a way that isdetrimental to Owner, and (c) an obligation not to confirm or deny any reports or commentsconveyed to us by others with respect to the Property or the businesses currently conducted at theProperty. Notwithstanding the foregoing, we shall have the right to disclose portions of theConfidential Information to the extent required to comply with any laws or court order orproceedings, provided, however, that we notify you and Owner in advance of such requireddisclosure. Upon your or Owner’s request, we agree on behalf of ourselves and our Representativesto destroy or return the Confidential Information to you, without retaining any copies, computer files,notes, or extracts thereof.


Our agreement to keep all Confidential Information in this strictest of confidence includes, but isnot limited to: (a) an obligation by us and our Representatives not to directly or indirectly, reveal,publish, disclose or transfer any such Confidential Information or information regarding thepotential sale of the Property, (b) our agreement not to use any such Confidential Information ina way that is detrimental to Owner, and (c) an obligation not to confirm or deny any reports orcomments conveyed to us by others with respect to the Property or the businesses currentlyconducted at the Property. Notwithstanding the foregoing, we shall have the right to discloseportions of the Confidential Information to the extent required to comply with any laws or courtorder or proceedings, provided, however, that we notify you and Owner in advance of suchrequired disclosure. Upon your or Owner’s request, we agree on behalf of ourselves and ourRepresentatives to destroy or return the Confidential Information to you, without retaining anycopies, computer files, notes, or extracts thereof.

The Confidential Information to be provided to us has been prepared solely for informationalpurposes. It is designed to assist a potential investor in determining whether it wishes to proceedwith an in-depth investigation of the Property. The Confidential Information may include afinancial analysis, and no obligation shall arise by virtue of our receiving the analysis, includingany obligation to inform us of any changes to the information contained therein. By acceptanceof the information herein we acknowledge and agree that: (a) no representations or warrantiesare being made as to the completeness or accuracy of any Confidential Information, and werelease and hold harmless the Owner, Owner’s Related Parties and RE/MAX Time Realty, jointlyand severally, without limitation, from and against any and all liability with respect thereto, andany and all actions, suits, claims, demands, losses, costs, and expenses (including attorneys’ feesand disbursements) arising out of or in any way related to the use or further distribution of theConfidential Information supplied in accordance with the terms of this Agreement; and (b) anyand all representations and warranties shall be made solely in a fully executed and deliveredpurchase agreement signed by all parties thereto and shall be subject to the provisions thereof.

The recipient acknowledges and agrees that Owner shall in no way be deemed to have agreed tosell the Property or any interest therein or to have made any other agreement or promise exceptas may be set forth in such fully executed and delivered purchase agreement, if any, providingtherefore on terms acceptable to it. Consequently, the undersigned understands any otheropportunities it may forego and any expenses it may incur on account of the Property will beforegone and incurred at its own risk.

Our willingness to receive and review the property information and accept this agreement doesnot constitute, nor shall it be deemed to constitute, any obligation on the part of either theowner or RE/MAX Time Realty or potential buyers to enter into negotiations with respect to thesale of Property. No parties are granted any right or authority to assume or to create anyobligation or responsibility, express or implied, on behalf of or in the name of the other party. Infulfilling its obligations, pursuant to the Agreement, each party shall act and conduct itselfindependently of the other. This Agreement shall be governed and construed in accordance withthe laws of the State of California.

Confidentiality & Non Disclosure Agreement Page 2 of 2

1055 – 1067 Holt Pomona, CA 91767




Site Position & Surrounding Businesses

1888 West 6th Street Corona, CA 92882


Over 33,000 Vehicles Per Day ADT Count on Holt

1055 – 1067 Holt Pomona, CA 91767


1888 West 6th Street Corona, CA 92882

Property Details

Building Size 10,875 SF Year Built 1965

Land Area 25,322 SF Tenants 3 Currently

Total Units Configured as 4 Parking +/- 25 ( verify )

Stories 1 Zoning Commercial (verify with city)

Elevator No Construction Frame & Stucco

Sprinklers No Sprinklers No

HVAC Yes Restrooms 5 ( verify )

APN 8323-011-027 Current Use Retail

The site consists of an upgraded and very clean +/- 10,875 square foot In Line Street Retail Building on Holt Ave., in Pomona California. Holt is a major though fare from Ontario and the Ontario International Airport to Downtown Pomona . Holt Ave. receives daily vehicle traffic of more than 33,000 cars .

The property features excellent frontage along Holt Ave. and a +/- 13,000 SF secured parking lot in the rear of the building, street parking is also available. Great location near the Pomona Indoor Swap meet and Indian Hill Blvd. Easy access to I-10 and minutes from downtown Pomona.

Tenants include the Hill Top Jamaican Market and Restaurant know locally for it’s excellent Jamaican cuisine. G’s Appliance Center and a Church. The site should benefit from the areas improving development and growth. Zoned Highway Commercial District, verify all zoning and uses with city.




1055 – 1067 Holt Pomona, CA 91767


HOLT AVE.

Not to scale – All measurements are approximate

Site

1055 – 1067 Holt Pomona, CA 91767


GATEDPARKING LOT

Unit 1055-1059

+/- 3,469 SF

Unit 1065-1067

+/- 3,330 SF

Unit 1061

+/- 2,543 SF

Unit 1063

+/- 1,565 SF

HilltopRestaurant

76’

89’

145’

ALLEY

ACCESS

Church G’s AppliancesAvailable

GATED PARKING IN REAR OF BUILDING



Excerpt of County Parcel Map – Verify all with County

SITE

1055 – 1067 Holt Pomona, CA 91767




Photos

1055 – 1067 Holt Pomona, CA 91767




Photos

1055 – 1067 Holt Pomona, CA 91767




Photos

1055 – 1067 Holt Pomona, CA 91767




City & County Information

http://www.ci.pomona.ca.us/

City Website Link:

County Website Link:

https://www.lacounty.gov/

1055 – 1067 Holt Pomona, CA 91767


http://www.ci.pomona.ca.us/

https://www.lacounty.gov/



MAPS & DEMOGRAPHICS

1055 – 1067 Holt Pomona, CA 91767


Site Map on Satellite Imagery - 0.8 Miles Wide1055 E Holt Ave, Pomona, California, 91767 3 Nathan Bragg, Senior Vice President1055 E Holt Ave, Pomona, California, 91767 Latitude: 34.06291Rings: 3, 5, 10 mile radii Longitude: -117.72971

Source: ArcGIS Online World Imagery Basemap

February 26, 2016

©2015 Esri Page 1 of 1

NB

Typewritten Text

OVER 33,000 VEHICLES PER DAY ON HOLT AVE.

Site Map1055 E Holt Ave, Pomona, California, 91767 3 Nathan Bragg, Senior Vice President1055 E Holt Ave, Pomona, California, 91767 Latitude: 34.06291Rings: 3, 5, 10 mile radii Longitude: -117.72971

February 26, 2016


Traffic Count Map - Close Up1055 E Holt Ave, Pomona, California, 91767 3 Nathan Bragg, Senior Vice President1055 E Holt Ave, Pomona, California, 91767 Latitude: 34.06291Rings: 3, 5, 10 mile radii Longitude: -117.72971

Source: ©2015 Market Planning Solutions, Inc.

February 26, 2016


Executive Summary1055 E Holt Ave, Pomona, California, 91767 3 Nathan Bragg, Senior Vice President1055 E Holt Ave, Pomona, California, 91767 Latitude: 34.06291Rings: 3, 5, 10 mile radii Longitude: -117.72971

3 miles 5 miles 10 milesPopulation

2000 Population 190,127 413,692 972,5282010 Population 195,623 421,491 1,013,7772015 Population 199,496 429,588 1,036,9102020 Population 204,235 439,834 1,063,8842000-2010 Annual Rate 0.29% 0.19% 0.42%2010-2015 Annual Rate 0.37% 0.36% 0.43%2015-2020 Annual Rate 0.47% 0.47% 0.51%2015 Male Population 49.7% 49.4% 49.3%2015 Female Population 50.3% 50.6% 50.7%2015 Median Age 30.8 32.6 35.0

In the identified area, the current year population is 1,036,910. In 2010, the Census count in the area was 1,013,777. The rate of change since 2010 was 0.43% annually. The five-year projection for the population in the area is 1,063,884 representing a change of 0.51% annually from 2015 to 2020. Currently, the population is 49.3% male and 50.7% female.

Median Age

The median age in this area is 30.8, compared to U.S. median age of 37.9.Race and Ethnicity

2015 White Alone 50.3% 52.8% 53.5%2015 Black Alone 5.7% 5.7% 5.4%2015 American Indian/Alaska Native Alone 1.2% 1.0% 0.9%2015 Asian Alone 7.9% 10.0% 15.5%2015 Pacific Islander Alone 0.2% 0.2% 0.2%2015 Other Race 30.2% 25.5% 19.7%2015 Two or More Races 4.6% 4.8% 4.9%2015 Hispanic Origin (Any Race) 70.4% 61.2% 50.0%

Persons of Hispanic origin represent 50.0% of the population in the identified area compared to 17.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 84.4 in the identified area, compared to 63.0 for the U.S. as a whole.

Households2000 Households 50,284 119,736 291,0182010 Households 52,075 121,924 306,5992015 Total Households 53,111 124,340 313,3592020 Total Households 54,408 127,359 321,1932000-2010 Annual Rate 0.35% 0.18% 0.52%2010-2015 Annual Rate 0.38% 0.37% 0.42%2015-2020 Annual Rate 0.48% 0.48% 0.50%2015 Average Household Size 3.66 3.37 3.23

The household count in this area has changed from 306,599 in 2010 to 313,359 in the current year, a change of 0.42% annually. The five-year projection of households is 321,193, a change of 0.50% annually from the current year total. Average household size is currently 3.23, compared to 3.23 in the year 2010. The number of families in the current year is 244,337 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

February 26, 2016


NB

Rectangle

Executive Summary1055 E Holt Ave, Pomona, California, 91767 3 Nathan Bragg, Senior Vice President1055 E Holt Ave, Pomona, California, 91767 Latitude: 34.06291Rings: 3, 5, 10 mile radii Longitude: -117.72971

3 miles 5 miles 10 milesMedian Household Income

2015 Median Household Income $50,086 $55,915 $67,1612020 Median Household Income $56,460 $63,957 $77,8242015-2020 Annual Rate 2.42% 2.72% 2.99%

Average Household Income

2015 Average Household Income $64,732 $74,744 $88,4512020 Average Household Income $73,648 $84,671 $100,4882015-2020 Annual Rate 2.61% 2.53% 2.58%

Per Capita Income2015 Per Capita Income $17,676 $22,109 $27,2122020 Per Capita Income $20,057 $24,990 $30,8212015-2020 Annual Rate 2.56% 2.48% 2.52%

Households by IncomeCurrent median household income is $67,161 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $77,824 in five years, compared to $60,683 for all U.S. households

Current average household income is $88,451 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $100,488 in five years, compared to $84,910 for all U.S. households

Current per capita income is $27,212 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to be $30,821 in five years, compared to $32,501 for all U.S. households Housing

2000 Total Housing Units 52,573 124,213 299,9362000 Owner Occupied Housing Units 28,111 71,655 195,6532000 Renter Occupied Housing Units 22,173 48,081 95,3662000 Vacant Housing Units 2,289 4,477 8,917




Currently, 60.3% of the 329,032 housing units in the area are owner occupied; 34.9%, renter occupied; and 4.8% are vacant. Currently, in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there were 320,662 housing units in the area - 62.5% owner occupied, 33.1% renter occupied, and 4.4% vacant. The annual rate of change in housing units since 2010 is 1.15%. Median home value in the area is $395,559, compared to a median home value of $200,006 for the U.S. In five years, median value is projected to change by 3.47% annually to $469,166.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

February 26, 2016


NB

Rectangle

Graphic Profile1055 E Holt Ave, Pomona, California, 91767 3 Nathan Bragg, Senior Vice President1055 E Holt Ave, Pomona, California, 91767 Latitude: 34.06291Ring: 3 mile radius Longitude: -117.72971

2015 Population by Race2015 Population by Race

120,000

100,000

80,000

60,000

40,000

20,000

0White Black Am.Ind. Asn/Pac Other Two+

50.3%

5.7%1.2%

8.0%

30.2%

4.6%

<55-1920-2425-3435-4445-5455-6465+

2015 Population by Age2015 Population by Age

7.9%

23.2%9.3%

15.8%

12.7%

11.9%9.5%

9.6%

2015 Percent Hispanic Origin: 70.4%

HouseholdsHouseholds

60,000

50,000

40,000

30,000

20,000

10,000

0Census 2010 2015 2020

52,075 53,111 54,408

<$100K$100-199K$200-299K$300-399K$400-499K$500K+

2015 Home Value2015 Home Value

8.8%

12.2%29.0%

24.9%11.6%

13.5%

2015-2020 Annual Growth Rate2015-2020 Annual Growth Rate

Perc

ent

3

2.5

2

1.5

1

0.5

0Population Households Median Household Income Owner Occupied Housing Units

0.47 0.48

2.42

0.35

20152020

Household IncomeHousehold Income

Perc

ent

15

10

5

0<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

February 26, 2016




250,000

200,000

150,000

100,000

50,000


52.8%

5.7%1.0%

10.2%

25.5%

4.8%

<55-1920-2425-3435-4445-5455-6465+


7.1%

21.8%9.1%

15.5%

12.6%

12.5%10.7%

10.8%


HouseholdsHouseholds160,000140,000120,000100,00080,00060,00040,00020,000

0Census 2010 2015 2020

121,924 124,340 127,359

<$100K$100-199K$200-299K$300-399K$400-499K$500K+


6.0%

11.6%

22.9%

22.8%

13.9%

22.7%


Perc

ent

3

2.5

2

1.5

1

0.5

0Population Households Median Household Income Owner Occupied Housing Units

0.47 0.48

2.72

0.33

20152020


Perc

ent

181614121086420

<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+


February 26, 2016




600,000

500,000

400,000

300,000

200,000

100,000


53.5%

5.4%0.9%

15.8%19.7%

4.9%

<55-1920-2425-3435-4445-5455-6465+


6.3%

20.6%8.2%

14.9%

12.7%

13.5% 12.0%

11.8%


HouseholdsHouseholds

400,000350,000300,000250,000200,000150,000100,00050,000

0Census 2010 2015 2020

306,599 313,359 321,193

<$100K$100-199K$200-299K$300-399K$400-499K$500K+


4.2%

9.2%

17.3%

20.2%

16.3%

32.8%


Perc

ent

3.53

2.52

1.51

0.50

Population Households Median Household Income Owner Occupied Housing Units

0.51 0.50

2.99

0.38

20152020


Perc

ent

20

15

10

5

0<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+


February 26, 2016




For questions please contact brokers at: 909-210-3175 | [email protected]

1055 – 1067 Holt Pomona, CA 91767


Nathan Bragg, SVP Industrial / Commercial Real Estate

909-210-3175 [email protected] CAL BRE BROKER # 01340519