1532-1536 E Amar Rd - Freestanding FOR SALE


West Covina, CA 91792
$10,900,000 USD
949-727-1200
1532-1536 E Amar Rd, West Covina, CA for Sale
$10,900,000 USD
Freestanding - FOR SALE
1/5
null | 6.21% Cap Rate

1532-1536 E Amar Rd
West Covina, CA 91792


OVERVIEW

Lee & Associates is pleased to present the opportunity to purchase a portion of multi-tenant retail Shopping center with 2 buildings at 1532- 1536 E Amar in West Covina. The 40,382 SF shopping center is situated on a 2.9958 acre (130,496 SF) parcel along East Amar Rd. and adjacent to Azusa Ave., a highly trafficked intersection. The two buildings were built in approximately 1990 and is 100% occupied by 6 highly synergistic mixture of national, regional and local tenants. The average household incomes in a 1 mile, 3 mile, and 5 mile radius are $103,251, $106,168 and 105,685 respectively. The tenant line-up is E-commerce resistant with retail and service oriented tenants. Traffic counts are ±63,500 ADT at the major intersection of E. Amar and S. Azusa Ave. Woodside Village retail tenants include: Grocery Outlet, 99¢ Only, Island Pacific Market, Advanced Auto Parts, and Bank of America. National tenants in the trade area include: Home Depot, Target, Petsmart, and numerous other national tenants.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

6.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,497 SF

ZONING

WCPCD1*

APN/PARCEL ID

8730-004-018

ASK ABOUT THIS PROPERTY

Randall DalbyLee & Associates Commercial Real Estate ServiceMore Info
949-727-1200

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Randall DalbyLee & Associates Commercial Real Estate ServiceMore Info
949-727-1200

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