Exclusive Listings

100% Vacant Freestanding Retail on a Hard-Corner location, Newer Built in 2007, Medical Use Allowed

Address:
1700 S Garey Ave
Pomona, CA 91766
Price:
$1,980,000
Status:
Available
Type:
Retail
# Units:
1
Year Built:
2007
Building Size:
5776 SF
Lot Size:
19,961 SF
CAP Rate:
5.99%
GRM:
n/ax
Price/Unit:
n/a
Price/SqFt:
$343

100% Vacant Freestanding Commercial on a Hard-Corner, Superb Traffic Volume (25k VPD), Excellent Visibility on Garey Ave and Franklin Ave, Newer built in 2007, Large Lot with Ample Parking, Owner-user or Value-Add, Medical Uses are Allowed.

Investment Highlights

  • 100% VACANT commercial building, Perfect for an OWNER-USER or turned into an investment
  • Exceptional visibility on two major street in Pomona – Garey Ave and Franklin Ave
  • Perfect for an owner-user or a savvy value-add investor
  • High Density area with residential population and commercial traffic providing stable customer base on this location
  • Flexibility of use either for retail sales or services (could be suitable for medical use)
  • Proforma CAP Rate on NNN Lease would be ±6% or higher (buyer to verify)
  • Superb access to FWY 60, FWY 71 and only minutes from FWY 10

Property Highlights

  • Hard-Corner location on Garey Ave with ±25k Vehicles Per Day Traffic Volume
  • Exceptional visibilities on Garey Ave and Franklin Ave
  • Right across from Garey Senior High School
  • Newer built (2007) providing newer MEP (Mechanical, Electrical, and Plumbing)
  • Flexibility of Use with C-S Zoning (Commercial Service)
  • Medical Uses are Allowed (buyer to verify)
  • Large lot size providing ample parking
  • Excellent curb appeal, freestanding single-story building
  • Located block(s) from many other national and local retailers (Target, etc.)

EXECUTIVE SUMMARY

Growth Investment Group California is proud to present 1700 S Garey Ave, a hard-corner single story retail investment in the heart of Pomona, CA.  Strategically located on the corner of Garey Ave and Franklin Ave, this 100% vacant retail property presents a unique opportunity for an owner-user or value-add investor to acquire a newer built retail on a hard corner with excellent visibilities on 2 major streets in Pomona. The property was built in 2007 which translates to newer electrical, plumbing, HVAC, and sewer line (buyer to verify). It sits on a large ±20k SF lot providing ample parking. It has C-S (Commercial Service) zoning allowing a wide range of use for either retail sales or services (could be suitable for medical use – buyer to verify).

 

This 100% vacant freestanding retail building, constructed in 2007, offers 5,776 square feet of versatile space on an expansive ±20,000 square foot lot. Zoned CS (Commercial Service), it provides flexible zoning for a wide array of retail sales, service-oriented businesses, or potential adaptive uses such as a medical office, making it ideal for customization by an owner-user or investor. The property features an open layout with excellent visibility, display areas, and proximity to major freeways, ensuring seamless operations for high-traffic retail or service ventures. Currently vacant, it presents a blank canvas for immediate occupancy or repositioning, with a proven history as a retail showroom (formerly Warehouse Shoe Sale).

 

Investment Potential
The previous tenant was Warehouse Shoe Sale store that recently moved out. The interior is in shell condition providing excellent flexibility for new owner-users or value-add investors to configure the space for their own specific use. Using the previous rental proforma of $12,500 per month NNN, this asset delivers an attractive 6% Proforma CAP Rate (buyer to verify), positioning it as a high-yield opportunity in a market where retail rents are stabilizing despite broader trends.

 

Ideal for owner-users seeking an adaptable space—potentially for medical offices or other professional services—or savvy investors aiming to capitalize on Pomona's upward trajectory, the property offers immediate value-add potential through leasing or redevelopment.

 

Strategic Location and Market Dynamics
Positioned at the hard corner of Garey Avenue and Franklin Avenue, this property boasts superior visibility from both streets and benefits from a robust traffic count of approximately 25,000 vehicles per day (VPD), driving exceptional exposure for customer-facing businesses.

 

Nestled in the heart of Pomona within the Inland Empire, the property benefits from exceptional access to major freeways, making it a logistical powerhouse for commercial operations. The property is approximately 0.8 miles south of the FWY-60 and FWY-71 interchange, allowing for seamless on-ramps in under 2-3 minutes of drive time. Extending north via FWY-71, access to FWY-10 is just 3-4 miles away, typically a 5-7 minute drive, facilitating rapid connections across Southern California. This trifecta of freeways—FWY-60 (east-west corridor to Riverside and beyond), FWY-71 (linking to Corona and south), and FWY-10 (major transcontinental route)—positions the site as a gateway for efficient distribution, supply chain management, and customer reach, with direct ties to the Ports of Los Angeles and Long Beach (via SR-60 west) and Ontario International Airport (about 10 miles east).

 

Pomona's commercial real estate market remains resilient in 2025. The area is experiencing steady growth, with median commercial property values appreciating and limited new supply contributing to favorable rental dynamics. Proximity to key amenities, including downtown Pomona and major highways, enhances accessibility, while the city's overcrowding rate signals ongoing population-driven demand for local services and retail.

 

 




Due Diligence


Broker Contact

Han Widjaja-Chen
Direct: 626.594.4900
han.chen@growthinvestmentgroup.com

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