401 E Arrow Hwy - Bank FOR SALE


Glendora, CA 91740
$2,600,000 USD
310-529-8833
401 E Arrow Hwy, Glendora, CA for Sale
$2,600,000 USD
Bank - FOR SALE
1/6
null | 6.23% Cap Rate

401 E Arrow Hwy
Glendora, CA 91740


HIGHLIGHTS

  • Investment Grade Tenant with S&P Rating of A+
  • Absolute NNN, No LL Responsibilities
  • $130M (2024) in Branch Deposits
  • Tenant Replaced the Roof January 2026 Showing Long Term Commitment to Location
  • Densely Populated Area - 300k Residents within a 5-Mile Radius with AHHI of $120k
  • Located in Los Angeles MSA

OVERVIEW

Equity Investment Advisors is pleased to offer for sale an absolute NNN leased investment with 1.5% annual rental increases. The property is leased to Citibank N.A., a wholly owned subsidiary of Citigroup (NYSE: C). Citibank exercised its first five (5) year option early exhibiting its commitment to this location. Prominently located on East Arrow Highway, a major east-west thoroughfare, this site benefits from excellent visibility and direct frontage. The branch is adjacent to a CVS pharmacy-anchored shopping center, amid an upper middle-class community. The surrounding community is home to over 300,000 people with an average household income of $120,000, within a 5-mile radius. The asset resides in the affluent city of Glendora, located 23 miles east of downtown Los Angeles.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$640 USD /SF

CAP RATE

6.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Los Angeles MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

GDC3-GA*

APN/PARCEL ID

8643-035-067

ASK ABOUT THIS PROPERTY

Rich LydonEquity Investment AdvisorsMore Info
310-529-8833

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Rich LydonEquity Investment AdvisorsMore Info
310-529-8833

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.