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228-238 E Rowland St 6,748 SF 100% Leased Retail Building Covina, CA 91723 $2,500,000 ($370.48/SF)
INVESTMENT HIGHLIGHTS
- Large Rear Parking Lot - ±30 Spaces
- Office/Retail Uses
- Close Proximity to I-10 Freeway
- Owner User/ Investment Opportunity
EXECUTIVE SUMMARY
Located at 228–238 E. Rowland Street in Covina, CA, this 6,748 SF single-story multi-tenant retail property offers an excellent owner-user or investment opportunity with five individual units and strong street frontage. The building supports a mix of office and retail uses and includes a large rear parking lot with approximately 30 spaces, providing ample convenience for tenants and customers. Positioned near the I-10 Freeway, Shoppers Lane, and the Eastland Shopping Center, the property benefits from high visibility and easy access within a well-trafficked commercial corridor.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,748 SF
Building Class
C
Year Built
1954
Price
$2,500,000
Price Per SF
$370.48
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.42 AC
Zoning
C3AY
Parking
30 Spaces (4.45 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $762,497 | |
| Land Assessment | $928,465 | Total Assessment | $1,690,962 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$928,465
Improvements Assessment
$762,497
Total Assessment
$1,690,962
CONTACTS
-
Todd Launchbaugh -
Trent Howland -
Matthew Rodriguez -
Lee & Associates Commercial Real Estate Services
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228-238 E Rowland St
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