856-860 E Route 66 | Glendora, CA 91740
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856-860 E Route 66
Glendora, CA 91740
Route 66 Retail | Glendora, CA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Near-Term Upside Potential; Avg Rent is $1.30 PSF NNN: Opportunity to increase below market rents; all leases expire without options in 2030 or sooner
- Ideal Small Shop Space of 700 SF – 1,850 SF | Hedge Against Inflation; All Leases Have 3% Annual Increases | Below Replacement Cost; $286 PSF
- Dense, Affluent Demos; 260,000 People and $108,000 Average Household Income within 5-Mile Radius | High-Traffic Location Along Historic Route 66
- 100% Occupied; Long-Term Historical Occupancy: Baskin Robbins has operated in the center since 1965; Lotus Nails since 2012
- Internet-Resistant Tenants: 100% Restaurant and Service Uses | Nearby Claremont College, Pomona College, Azusa Pacific University, and Citrus College
- Located in the Highly Sought After San Gabriel Valley; 40-Minute Drive to Downtown Los Angeles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,495 SF
Building Class
C
Year Built
1963
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.26 AC
Zoning
GDCM*
Parking
8 Spaces (2.29 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 8644-017-047 | Improvements Assessment | $550,800 |
| Land Assessment | $1,224,000 | Total Assessment | $1,774,800 |
PROPERTY TAXES
Parcel Number
8644-017-047
Land Assessment
$1,224,000
Improvements Assessment
$550,800
Total Assessment
$1,774,800
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