$3,472,000 USD
949-940-8035
433 E San Bernardino Rd
Covina, CA 91723
Covina-Valley
HIGHLIGHTS
- RECENT 5-YEAR LEASE EXTENSION – The tenant has committed to a 5-year lease extension, ensuring stable rental income through at least November 2029.
- NO RENEWAL OPTIONS – The absence of renewal options offers the landlord increased flexibility and control over future leasing terms.
- RECENT CAPITAL IMPROVEMENTS – The property’s roof has been recently replaced, reducing immediate maintenance concerns.
- SCHEDULED RENT INCREASES – The lease includes 2.5% rent increases every two years, with the first increase set for December 1, 2025,
- STRONG DEMOGRAPHICS – Approximately ±382,328 residents within a ±5-mile radius, offering a substantial customer base.
- PROXIMITY TO MAJOR ATTRACTIONS – Disneyland Park, located approximately ±26.8 miles from the property, is a world-renowned theme park
FOR SALE DETAILS
PRICE
$3,472,000 USD
PRICE/SF
$305 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CALIBER COLLISION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1957
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.48 AC
LAND SF
20,909 SF
ZONING
C5, Covina
APN/PARCEL ID
8430-020-042
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949-940-8035
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949-940-8035
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