Log In/Sign Up
Your email has been sent.
1532-1536 E Amar Rd 40,382 SF 100% Leased Retail Building West Covina, CA 91792 $10,900,000 ($269.92/SF) 6.21% Cap Rate



Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
40,382 SF
Building Class
C
Year Built
1990
Price
$10,900,000
Price Per SF
$269.92
Cap Rate
6.21%
NOI
$677,100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
3.00 AC
Zoning
WCPCD1*
Frontage
201’ on Amar Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 8730-004-018 | Improvements Assessment | $4,322,595 |
| Land Assessment | $2,635,510 | Total Assessment | $6,958,105 |
Property Taxes
Parcel Number
8730-004-018
Land Assessment
$2,635,510
Improvements Assessment
$4,322,595
Total Assessment
$6,958,105
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1532-1536 E Amar Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
