949-725-8473
390 N Citrus Ave, Azusa, CA for Sale
Storefront - FOR SALE
1/7
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390 N Citrus Ave
Azusa, CA 91702


HIGHLIGHTS

  • Quintessential Retail Strip Center – University Promenade is a ±61,106 SF strip center anchored by Planet Fitness (opening Fall 2026)
  • Immediate Value-Add Through Lease-Up – At 78% current occupancy, 6 suites totaling 13,524 SF are currently available for lease
  • Strong Leasing Momentum – 7 new leases totaling ±26,145 SF were signed in the past 12 months, alongside renewals by APU Counseling Center and Goodyear
  • Regional Retail Location – Located directly across from Azusa Pacific University (APU) and adjacent to Stater Bros. and Sprouts-anchored centers
  • High-Traffic, Prime Accessibility – Strategically positioned along E Alosta Ave (±26,000 CPD) and N Citrus Avenue (±20,500 CPD)

OVERVIEW

* Quintessential Retail Strip Center – University Promenade is a ±61,106 SF strip center anchored by Planet Fitness (opening Fall 2026), featuring a synergistic mix of medical, restaurant, and service-retail tenants that generate consistent daily traffic and establish the center as a true neighborhood necessity for the surrounding trade area * Immediate Value-Add Through Lease-Up – At 78% current occupancy, 6 suites totaling 13,524 SF are currently available for lease, providing an immediate opportunity to add value and increase NOI upon acquisition * Strong Leasing Momentum – 7 new leases totaling ±26,145 SF were signed in the past 12 months, alongside renewals by APU Counseling Center and Goodyear Tires, reflecting strong tenant demand and conviction in the long-term viability of the location * Regional Retail Location – Located directly across from Azusa Pacific University (APU) and adjacent to a brand-new double drive-through Chick-fil-A, as well as Stater Bros. and Sprouts-anchored centers, with surrounding tenants including In-N-Out Burger, Raising Cane’s and more * High-Traffic, Prime Accessibility – Strategically positioned along E Alosta Ave (±26,000 CPD) and N Citrus Avenue (±20,500 CPD), just half a mile from I-210 (±253,500 CPD), ensuring exceptional visibility and accessibility along the San Gabriel Valley’s primary corridors

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

University Promenade

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

4.46 AC

LAND SF

194,278 SF

ZONING

AZC3*

APN/PARCEL ID

8628-004-166

ASK ABOUT THIS PROPERTY

949-725-8473

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949-725-8473

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