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68 Rio Rancho Rd
Pomona, CA 91766
Asking Price
$13.20M
Cap Rate
5.5%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 5.50% CAP | 22,089 SqFt <ul><li>Prime Location with Stable Income and Upside Potential</li><li>The center also features 24 Tesla charging stations.</li><li>The property is situated within a Walmart and a 24-hour WinCo-anchored power center. Current tenants include Tesla, Starbucks, IHOP, Sonic, El Pollo Loco, T-Mobile, USACE, and others.</li><li>Over 100 apartments and hotels are planned for development within the same center.</li><li>Conveniently located at the junction of Freeways 60 and 71.</li><li>The seller
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NOI
$80,000
Cap Rate
0.61%
DSCR
0.10
Underwater
Cash-on-Cash
-17.77%
Monthly Payment
$65,306.398
Annual Cash Flow
$-703,676.774
