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601 East Holt Avenue

Updated Jun 19, 2025

Alex Smith Of Rosewood Realty Represents Buyer In $5.7M Sale Of AutoZone Mega Hub In Pomona
SOLDRetail

Alex Smith Of Rosewood Realty Represents Buyer In $5.7M Sale Of AutoZone Mega Hub In Pomona

601 East Holt Avenue

$5,700,000

$190/SF

Building Size

30,000 SF

Asset Type

Retail

Closing

Jun 18, 2025

About this deal

AI

A 30,000-sf AutoZone Mega Hub in Pomona sold for $5.7M. The asset is situated at 601 East Holt Avenue and spans 2.57 acres. The sale was noted to be part of a 1031 exchange, supported by a new 18-year NNN corporate lease and is ranked in the top 2% nationally for foot traffic within the Pomona market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,700,000
  • Square Footage: 30,000
  • Price Per Square Foot: $190
  • Address: 601 East Holt Avenue
  • Market: Pomona
  • Buyer's Representative: Alex Smith - Rosewood Realty
  • Seller's Representatives: Brad Umansky & Lance Mordachini - Progressive Real Estate Partners

The buyer was represented by Alex Smith from Rosewood Realty, while the seller, a Southern California-based entity, was represented by Brad Umansky and Lance Mordachini of Progressive Real Estate Partners. This transaction highlights the active market engagement within the retail sector in Pomona.

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$5,700,000

$190/SF

Retail

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Players

Brad Umansky

Progressive Real Estate Partners

Broker

$35M

vol

7 deals

Broker
Progressive Real Estate Partners
Progressive Real Estate PartnersBrokerage
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Pomona Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $190 per square foot on a published $5.7M for 30,000 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.78%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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