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West Covina Marketplace at The Lakes 940-970 Lakes Dr 20,000 SF of Retail Space Available in West Covina, CA 91790
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 20,000 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $600,000 /YR $50,000 /MO | Triple Net (NNN) |
1st Floor
Marketplace at the Lakes is a well-positioned retail center in West Covina, offering strong visibility along the San Bernardino Freeway with traffic counts exceeding 215,000 vehicles per day. Its strategic location adjacent to Plaza West Covina provides synergy with major national retailers and draws consistent consumer traffic. The property benefits from excellent regional connectivity, situated less than 25 miles from Downtown Los Angeles and easily accessible via I-10. Surrounding demographics are highly favorable, with household incomes averaging over $120,000 within a five-mile radius and a dense residential base supported by nearby multifamily communities. Major employers and educational institutions in the area further enhance daytime population and retail demand. With an available anchor space and robust co-tenancy, Marketplace at the Lakes presents a prime opportunity for retailers seeking exposure in a thriving suburban market. Please do not disturb tenant. https://vimeo.com/1146047165?fl=pl&fe=sh
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Prime West Covina location near Plaza West Covina
- Excellent freeway visibility and signage available
- Anchor space available in a vibrant retail center
- Strong demographics with high household incomes
- Convenient access to I-10 minutes from Downtown LA
- Surrounded by major employers and dense housing
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.
SELECT TENANTS AT WEST COVINA MARKETPLACE AT THE LAKES
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Columbia
- Sporting Goods
- 241
- International
- Jerome's Furniture
- Furniture/Mattress
- 20
- Local
- Michaels
- Art/Crafts
- 1,437
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Columbia | Sporting Goods | 241 | International |
| Jerome's Furniture | Furniture/Mattress | 20 | Local |
| Michaels | Art/Crafts | 1,437 | International |
PROPERTY FACTS
| Total Space Available | 20,000 SF | Total Land Area | 7.08 AC |
| Property Type | Retail | Year Built | 1994 |
| Gross Leasable Area | 95,628 SF | Parking Ratio | 3.24/1,000 SF |
| Total Space Available | 20,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 95,628 SF |
| Total Land Area | 7.08 AC |
| Year Built | 1994 |
| Parking Ratio | 3.24/1,000 SF |
FEATURES AND AMENITIES
- Pylon Sign
- Signage
- Energy Star Labeled
NEARBY MAJOR RETAILERS
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West Covina Marketplace at The Lakes | 940-970 Lakes Dr
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