7,540 SqFt

Bldg Size

18,650 SqFt

Lot

Description

The subject property consists of close to 8,000 sq. ft building size with 5 seasoned retail tenants at 100% occupancy. The property is located on a busy middle corner and enjoys ample back lot parking. Neighboring retail strip centers include popular named tenants Big Lots, Food 4 Less, CVS  and Stater Bros Markets. The Subject Property also benefits from excellent visibility, adjacent residential housing and moderate to high traffic intersection, and strong historical occupancy rates.

Currently tenant rents are at an average rent per sq. ft. of only $1.66 per sq. ft. GROSS.   With the potential to increase rents to market levels,  the investor will realize current stability and substantial upside in this investment.

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Presented by:

Chris Comfort
President

424-293-8085 x 101
Email: [email protected]

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Address

Address: 530-540 N AZUSA AVE WEST COVINA, CA
  • Country: United States
  • Province / State: California
  • Postal code / ZIP: 91722
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  • Property ID 3389
  • Price $1,937,500
  • Property Type Shopping Center
  • Property status Sold
  • Size 7540 SqFt
  • Land area 18650 SqFt

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