823-839 S Glendora Ave - Storefront FOR SALE


West Covina, CA 91790
$2,357,729 USD
626-827-8434
823-839 S Glendora Ave, West Covina, CA for Sale
$2,357,729 USD
Storefront - FOR SALE
1/6
null | 5.25% Cap Rate

823-839 S Glendora Ave
West Covina, CA 91790


HIGHLIGHTS

  • The property is a fully leased ±7,810 SF multi-tenant retail center with established tenancy.
  • The asset operates under NNN leases, providing expense reimbursements from tenants.
  • The center is located at a signalized intersection with traffic exceeding ±27,000 cars per day.
  • The property includes long-term tenants, supporting consistent occupancy and operations.
  • The ±0.97-acre site features on-site parking and planned parking lot improvements.
  • The investment reports approximately $123,780 in annual net operating income at full occupancy.

OVERVIEW

823–839 S Glendora Avenue is a ±7,810 square foot multi-tenant retail investment located on approximately 0.97 acres in West Covina, California. The property is 100% occupied and consists of a diverse tenant mix operating under triple-net (NNN) leases, providing structured expense reimbursement. The asset reports an annual net operating income of approximately $123,780 at full occupancy, with a cap rate of ±5.25% and a total asking price of $2,357,729. Constructed in 1974, the center features long-term tenancy across multiple suites, contributing to operational consistency. The property benefits from strong street visibility along S Glendora Avenue and is positioned at a signalized intersection with traffic counts exceeding ±27,000 vehicles per day. The site includes a surface parking lot, with a planned parking lot rehabilitation noted for 2026. The investment offers a stabilized retail profile supported by its occupancy, tenant tenure, and NNN lease structure.

FOR SALE DETAILS

PRICE

$2,357,729 USD

PRICE/SF

$302 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

WCCS*

APN/PARCEL ID

8469-015-031,8469-015-032,8469-015-033

ASK ABOUT THIS PROPERTY

Brian MelkesianLee & Associates Commercial Real Estate ServicesMore Info
626-827-8434

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Brian MelkesianLee & Associates Commercial Real Estate ServicesMore Info
626-827-8434

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