537 Glendora Ave, West Covina, CA 91790
15,442 SF | Retail Building | West Covina, CA 91790 | $4,695,000 ($304/SF) | 7.09% Cap Rate
Asking Price $4,695,000
- Property Type
-
Retail
- Square Feet
- 15,442 SF
- Price / Square Foot
- $304
Listing Contacts
David Leibowitz
- Property Info
Property Overview
For lease or sale, is a 100% net leased, single-tenant industrial/retail property located at 537 S Glendora Ave, West Covina, CA. It is currently occupied by FRSTeam, (Electronics, Textile, and Fabric Restoration Services). The tenant signed a 10-year lease and has about 11 months remaining on the lease, but it can be delivered vacant by giving them a 60-day notice.
The subject property offers a full drive way for ingress/egress directly off of S Glendora Ave at the front of the property and includes 8 parking spaces with roll-up gate for inventory pickups/drop-offs in the rear of the property. The property also features 8 Ionization rooms which are primarily used to clean and clear items from post fire/smoke odors. . It is strategically located on a major thoroughfare with direct access to the Interstate 10 (San Bernardino) freeway. The immediate area is composed of diverse uses including but not limited to restaurants, professional services, street retail and multiple regional malls. In addition to its central location, strong regional and local demographics in the area will ensure a secure income stream in the short and long term.
The subject property offers a full drive way for ingress/egress directly off of S Glendora Ave at the front of the property and includes 8 parking spaces with roll-up gate for inventory pickups/drop-offs in the rear of the property. The property also features 8 Ionization rooms which are primarily used to clean and clear items from post fire/smoke odors. . It is strategically located on a major thoroughfare with direct access to the Interstate 10 (San Bernardino) freeway. The immediate area is composed of diverse uses including but not limited to restaurants, professional services, street retail and multiple regional malls. In addition to its central location, strong regional and local demographics in the area will ensure a secure income stream in the short and long term.
Property Details
- Class
- C
- Year Built
- 1960
- Stories
- 2
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 20,038 SF
Highlights
- Perfect for Owner/User and can be delivered vacant with 60-day notice
- Double drive thru lane in front can potentially be converted into additional 12 parking spaces
- 68K+ VPD between S Glendora Ave & W Covina Parkway
All available spaces
- Space
- 1st Floor
- Size
- 15,442 SF
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