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Glendora Strip Center - In Escrow 4 Retail Properties Offered at $5,850,000 in Glendora, CA
INVESTMENT HIGHLIGHTS
- Near-Term Upside Potential; Average Rent is $1.68 PSF NNN
- Recent Commitment: All tenants have extended existing leases or executed new leases since 2019
- Internet-Resistant Tenants: 100% Restaurant, Specialty, and Service Uses
- 100% Occupied; Long-Term Historical Occupancy: Subway operated in the center since 1996; Wine Rack since 1997
- Hedge Against Inflation; All Leases Have Annual Increases Below Replacement Cost; $324 PSF
- High-Traffic Location Along Historic Route 66
EXECUTIVE SUMMARY
Near-Term Upside Potential; Average Rent is $1.68 PSF NNN | 100% Occupied; Long-Term Historical Occupancy | Below Replacement Cost | High-Traffic Location Along Historic Route 66 | 260,000 People with $108,000 AHHI within 5-Mile Radius | Located in the Highly Sought After San Gabriel Valley
PROPERTY FACTS
| Price | $5,850,000 | Number of Properties | 4 |
| Price / SF | $324.10 / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 18,050 SF |
| Sale Type | Investment | Total Land Area | 1.97 AC |
| Status | Active |
| Price | $5,850,000 |
| Price / SF | $324.10 / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 18,050 SF |
| Total Land Area | 1.97 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1041 E Route 66, Glendora, CA 91740 | Retail | 9,987 SF | 1954 | - |
| 1063 E Route 66, Glendora, CA 91740 | Retail | 4,655 SF | 1978 | - |
| 1031 E Route 66, Glendora, CA 91740 | Retail | 1,888 SF | 1969 | - |
| 1059 E Route 66, Glendora, CA 91740 | Retail | 1,520 SF | 1969 | - |
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Glendora Strip Center - In Escrow
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