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- LoopNet Team
1041 W Badillo St
Covina, CA 91722
1041 W. Badillo Street · Office Property For Sale
Property Facts
Amenities
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About 1041 W BADILLO ST , COVINA, CA 91722
* An Owner/User can occupy as much as 30,989 SF today with an opportunity to occupy the entire building (39,680 SF) in 2016 as leases expire. * Now is the time to take advantage of the market and protect your business from future rental market spikes. Rather than paying rent to a landlord or investing your money in an alternative investment, your rent will pay off the property mortgage and provide a more attractive after-tax return. An Owner/User will save 80% with an after-tax equity build-up of $4.54 million over a 10 year period. * Priced at $7,400,000 ($186 PSF) which is significantly below the estimated replacement cost of $11,672,000 ($294 PSF) * Highly sought after market for corporate or regional headquarters the San Gabriel Valley is a mature stable office market that has experienced high occupancy throughout the downturn and boasts an abundant and skilled labor force. * Limited future development opportunities due to lack of developable land
Property Taxes
| Parcel Number | 8434-018-031 | Improvements Assessment | $3,481,756 |
| Land Assessment | $5,106,575 | Total Assessment | $8,588,331 |
Property Taxes
