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1319-1329 N Grand Ave 3,565 SF 100% Leased Retail Building Covina, CA 91724 $2,100,000 ($589.06/SF)

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Investment Highlights

145’ Frontage on North Grand Avenue
Desirable San Gabriel Submarket: 320,993+ Population within a 5-mile Radius | 1.7 Million Population in the San Gabriel Valley (SGV)

Excellent Accessibility and Visibility: 32,060+ Vehicles per day (VPD)

Executive Summary

Strong Retail Corridor Along North Grand Avenue: Surrounding Tenants Include: In-N-Out Burger, DMV Business Center, Dollar Tree, Stater Bros. Market

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Gross Rental Income	$90,900	$25.50
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$90,900	$25.50
Net Operating Income	-	-

Financial Summary (Actual - 2024)

Gross Rental Income
Annual	$90,900
Annual Per SF	$25.50

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$90,900
Annual Per SF	$25.50

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Restaurant

Building Size

3,565 SF

Building Class

Year Built

1982

Price

$2,100,000

Price Per SF

$589.06

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.25

Lot Size

0.33 AC

Zoning

C4PCD* - Verify

Parking

16 Spaces (4.49 Spaces per 1,000 SF Leased)

Frontage

145’ on N Grand Ave

Major Tenants

Accommodation and Food Services
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Baskin-Robbins began in 1945 when Burt Baskin and Irv Robbins opened their first stores in California. The company pioneered the ice cream franchise model and became famous for its "31 flavors" concept. Today, Baskin-Robbins operates a vast international network of retail locations. The brand serves various frozen desserts including ice cream cakes and beverages. While maintaining its classic offerings, the menu continues to evolve with new flavors and products. Baskin-Robbins remains a significant player in the global ice cream market.