Ontario, CA 91762960 W Holt Blvd.

Property Type: Retail


  • Price: $1,320,000
  • Cap Rate: 5%
  • GRM: N/A
  • Cost per SF: $361.64
  • Cost per unit: N/A
  • Year Built: 1968
  • Square Footage: 3,650
  • Lot Size: 15,000 SF
  • Units: NNN
  • No. Stories: 1
  • Parking: On-Site
  • Transaction Type: Sold/Closed
  • Property Type: Retail
  • Zoning: N/A
  • Building Class: N/A
  • APN/Parcel ID: 1010-501-79-0000
Request Information

Property Description:

Lucrum is proud to announce that our client has gone non-contingent on a single-tenant NNN investment property located at 960 W. Holt Blvd. in the City of Ontario, California. The property, which is leased to Rent-A-Wheel, consists of 3,650 ± building square feet and was built in 1968.

The property is located on a large 15,000± sf lot zoned commercial within the highly trafficked retail corridor of Holt Blvd. The Rent-A-Wheel franchise, which owns over 136 locations throughout the United States is on the 6th year of the original 10-year corporate guaranteed NNN lease, that offers an additional (2) 5-year options at a Cap Rate of 5.00%.

Located in a highly trafficked retail corridor and only minutes from Ontario International Airport, Toyota Arena & Ontario Convention Center, W. Holt Blvd sees an estimated traffic volume of 8,000 VPD.

Ontario, California has long been considered a city of car enthusiast and the home of the Ontario Motor Speedway, which hosts such events as NASCAR, Formula-1 and NHRA drag racing.

In addition to being home to several major venues, Ontario, California has seen a positive increase in the city’s population year over year. With a pro-business philosophy and strong local economy, Ontario has become the destination for businesses and individuals alike.


  • Corporate guaranteed NNN lease with options
  • National tenant, with over 136 locations
  • Day-one cap rate of 5.0%
  • Located on a highly trafficked retail corridor
  • Situated on a 15,000± lot.
  • Minutes from Toyota Arena & Ontario International Airport
  • Home of Ontario Motor Speedway
  • $56,739 median HH Income within 1-mile radius
  • 61 Walk score (somewhat walkable)

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 CA License: 01402283 Download Bio

Mathew Gates Freedman

PartnerCommercial Real Estate Sales
818.585.6888 CA License: 01487954 Download Bio

Request Information

Once you schedule a call, you’ll have taken the first step to getting the representation you deserve.

4353 Park Terrace Drive #100
Westlake Village, CA 91361