401 S Glendora Ave
West Covina, CA 91790
Bank of the West · Retail Property For Sale
Property Facts
About 401 S GLENDORA AVE , WEST COVINA, CA 91790
Charles Dunn Company's Bank Property Group is pleased to present an Exclusive Investment Offering for a single-tenant bank building located at 401 S. Glendora Avenue West Covina, CA 91790 (“Property”). This opportunity consists of a Bank of the West branch that has been in this location for 48+ years. 401 S. Glendora Avenue provides an investor the opportunity to acquire a 8,017 square foot building on 29,751 square feet of land. The parcel is located on the northeast corner of Glendora Avenue and Walnut Creek Parkway. The Property is absolute net leased to Bank of the West. The lease includes three, five-year renewal options at a market rate adjustment. The Property is located on a highly trafficked corner parcel. It is directly adjacent from The Colony at the Lakes Apartments; A 2015 construction mixed-use development that has 450 units. With an average household income of nearly $70,000, the Property benefits from an affluent, white collar consumer base.
Property Taxes
| Parcel Number | 8474-009-010 | Improvements Assessment | $1,824,000 |
| Land Assessment | $3,288,000 | Total Assessment | $5,112,000 |
Property Taxes
