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524 S Vermont Ave 13,000 SF 100% Leased Industrial Building Glendora, CA 91741 $3,950,000 ($303.85/SF) 6.05% Cap Rate
Executive Summary
TVM Commercial Realty Group is proud to offer this Multi-Tenant Light Industrial Building, located in Glendora, California.
This Property Features:
• 13,000 sf 10 Units – Currently 100% Owner Occupied
• All Units have Street Frontage
• 10 – Ground Level Loading Doors
• TCMU Flexible Zoning Allows Light Industrial and Multi Family Residential
• Owner will Leaseback up to 2 Years at $1.40 NNN ($218,400 Annual)
• Cell Tower Lease Payments $1,700 month apx. ($20,400 Annual)
• Within 500’ (apx) of Metrolink Station
• Year Built: 1978
• Lot Size: 35,664 sf .8187 Acres
OFFERING PRICE : $3,950,000
Annual NOI est $238,800
CAP Rate 6.05
- All units Street Facing
** Also Listed as Multi Family Land for Sale
This Property Features:
• 13,000 sf 10 Units – Currently 100% Owner Occupied
• All Units have Street Frontage
• 10 – Ground Level Loading Doors
• TCMU Flexible Zoning Allows Light Industrial and Multi Family Residential
• Owner will Leaseback up to 2 Years at $1.40 NNN ($218,400 Annual)
• Cell Tower Lease Payments $1,700 month apx. ($20,400 Annual)
• Within 500’ (apx) of Metrolink Station
• Year Built: 1978
• Lot Size: 35,664 sf .8187 Acres
OFFERING PRICE : $3,950,000
Annual NOI est $238,800
CAP Rate 6.05
- All units Street Facing
** Also Listed as Multi Family Land for Sale
Property Facts
| Price | $3,950,000 | Lot Size | 0.83 AC |
| Price Per SF | $303.85 | Rentable Building Area | 13,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.05% | Year Built | 1978 |
| Property Type | Industrial | Parking Ratio | 6.15/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 10 |
| Zoning | TCMU - Zoning Allows for Light Industrial or Multi Family | ||
| Price | $3,950,000 |
| Price Per SF | $303.85 |
| Sale Type | Investment |
| Cap Rate | 6.05% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.83 AC |
| Rentable Building Area | 13,000 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 6.15/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | TCMU - Zoning Allows for Light Industrial or Multi Family |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8639-017-020 | Improvements Assessment | $407,167 |
| Land Assessment | $896,096 | Total Assessment | $1,303,263 |
Property Taxes
Parcel Number
8639-017-020
Land Assessment
$896,096
Improvements Assessment
$407,167
Total Assessment
$1,303,263
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524 S Vermont Ave