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532-540 N Azusa Ave
West Covina, CA 91791 Covina-Valley

Price Upon Request

Storefront For Sale  •  7,540 SF

Property Details

  • Property Type Storefront
  • Total Building Size 7,540 SF
  • Lot Size 0.43 AC
  • Building Class C
  • Year Built 1989
  • Tenancy Multiple
  • Zoning N-C
0 Transit Score
79 Walk Score

Highlights

Below Market, Short Term Leases – 4 of the property’s 5 tenants are on Modified Gross leases with less than 3.5 years of term remaining
100% Leased to 5 E-Commerce Resistant Tenants – The asset’s tenant mix features a robust mix of internet resilient tenants
Below Replacement Cost at $339/SF – the property is priced below replacement cost at $339/SF (particularly when accounting for the value of the land)
Recent Improvements - Include a new roof in 2019, new parking lot LED lighting in 2022, and ADA parking lot compliance work in 2022
Visibility to ±53,909 Cars Per Day on Azusa Avenue

Amenities

  • 24 Hour Access
  • Corner Lot
  • Fenced Lot
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.9 mi
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 3.3 mi
AirportDriveWalkDistance
Ontario International 31 min - 21.9 mi
Long Beach (Daugherty Field) 39 min - 29.5 mi
Bob Hope 45 min - 33.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes