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Covina Village Shopping Center 543 N Azusa Ave 900 - 8,900 SF of Space Available in Covina, CA 91722
Highlights
- Retail Center Anchored by Big 5 & Dollar Tree
- Strong Visibility and Frontage
- Surrounded by National and Regional Tenants
- Exclusions for Gym, Second-Hand Products, Schools & Churches*
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,000 SF | 5 Years | $15.00 /SF/YR $1.25 /SF/MO $120,000 /YR $10,000 /MO | Triple Net (NNN) |
543 N Azusa Ave - 1st Floor
Details: Located on the NW Corner of Azusa and San Bernardino Rd. Anchored by Big 5 & 99 Cent Only, 900 SF was a former PakMail business with PO Box materials and shelving still in place. 8,000 SF was a former Women’s Boutique. Abundant parking and frontage onto both arterial thoroughfares. *There are exclusions for gyms, second-hand products, schools & churches.*
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,000 SF | 5 Years | $15.00 /SF/YR $1.25 /SF/MO $120,000 /YR $10,000 /MO | Triple Net (NNN) | ||
| 1st Floor | 900 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $27,000 /YR $2,250 /MO | Triple Net (NNN) |
543 N Azusa Ave - 1st Floor
Details: Located on the NW Corner of Azusa and San Bernardino Rd. Anchored by Big 5 & 99 Cent Only, 900 SF was a former PakMail business with PO Box materials and shelving still in place. 8,000 SF was a former Women’s Boutique. Abundant parking and frontage onto both arterial thoroughfares. *There are exclusions for gyms, second-hand products, schools & churches.*
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
513-533 Azusa Ave - 1st Floor
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- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 8,900 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 76,274 SF |
| Parking | 181 Spaces | Total Land Area | 15.55 AC |
| Stores | 1 | Year Built | 1982 |
| Center Properties | 4 |
| Total Space Available | 8,900 SF |
| Center Type | Community Center |
| Parking | 181 Spaces |
| Stores | 1 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 76,274 SF |
| Total Land Area | 15.55 AC |
| Year Built | 1982 |
About the Property
Property sits along North Azusa Avenue in the Heart of the Trade Area. Easy to find and shop with large parking field and attractive facades. Located on the NW Corner of Azusa and San Bernardino Rd. Anchored by Big 5 , 900 SF was a former PakMail business with PO Box materials and shelving still in place. 8,000 SF was a former Women’s Boutique. Abundant parking and frontage onto both arterial thoroughfares. *There are exclusions for gyms, second-hand products, schools & churches.*
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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Covina Village Shopping Center | 543 N Azusa Ave
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