1532-1536 Amar Rd, West Covina, CA 91792
40,382 SF | 100% Leased | Retail Building | West Covina, CA 91792 | $11,900,000 ($295/SF) | 5.69% Cap Rate
For Sale
Active
5 pictures
Asking Price $11,900,000
- Property Type
-
Retail
- Square Feet
- 40,382 SF
- Price / Square Foot
- $295
Listing Contacts
Randall Dalby
- Property Info
Property Overview
Lee & Associates is pleased to present the opportunity to purchase a portion of multi-tenant retail Shopping center with 2 buildings at 1532- 1536 E Amar in West Covina. The 40,382 SF shopping center is situated on a 2.9958 acre (130,496 SF) parcel along East Amar Rd. and adjacent to Azusa Ave., a highly trafficked intersection. The two buildings were built in approximately 1990 and is 100% occupied by 6 highly synergistic mixture of national, regional and local tenants. The average household incomes in a 1 mile, 3 mile, and 5 mile radius are $103,251, $106,168 and 105,685 respectively. The tenant line-up is E-commerce resistant with retail and service oriented tenants. Traffic counts are ±63,500 ADT at the major intersection of E. Amar and S. Azusa Ave. Woodside Village retail tenants include: Grocery Outlet, 99¢ Only, Island Pacific Market, Advanced Auto Parts, and Bank of America. National tenants in the trade area include: Home Depot, Target, Petsmart, and numerous other national tenants.
Property Details
- Class
- C
- Year Built
- 1990
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 130,680 SF
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