Covina, CA
Commercial Real Estate Market Trends & Data

$529 Avg asking sale price
$87 Avg asking lease rate
7,264 SF Avg unit lease size
14,880 SF Avg building size for sale
5.55% Average cap rate

Covina's Demographic Profile

Covina has 15,805 households and a median income of $86,739, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 48,511
# Households 15,805
Median age 40
Median household income $86,739
Avg household size 3.0
Renter-occupied housing units 6,957
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Covina, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Covina $380 12,643 SF 6.72%
West Covina $468 11,551 SF 6.97%
Azusa $337 9,591 SF 6.25%
Baldwin Park $596 13,569 SF 6.97%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Covina $363 13,367 SF 6.25%
West Covina $380 24,200 SF 6.68%
Azusa $325 16,196 SF 6.25%
San Dimas $310 38,339 SF 6.00%
Baldwin Park $382 18,482 SF 6.01%
Nearby Retail Markets Avg Cost/SF Typical Size
Covina $391 10,185 SF
West Covina $545 14,363 SF
Azusa $569 7,946 SF
San Dimas $274 53,178 SF
Baldwin Park $773 15,801 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Covina $290 18,059 SF 5.92%
West Covina $320 21,139 SF 6.53%
Azusa $393 22,412 SF 5.74%
Baldwin Park $363 13,775 SF 6.53%

Commercial Properties For Sale in Covina

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Valencia1175

Glendora, CA 91740

  • 0.24 AC Lot
  • 1 Commercial Lot
  • $1,395,000
For Sale

451 Front St

Covina, CA 91723

  • 15,792 SF Industrial Building
  • $3,295,000
For Sale

1717 S Grand Ave

Glendora, CA 91740

  • 0.79 AC Lot
  • 1 Commercial Lot
  • $3,499,999
For Sale

1227 E Grovecenter St

West Covina, CA 91790

  • 2,335 SF Specialty
  • $1,230,000
For Sale

Becrich Building

Covina, CA 91723

  • 27,038 SF Office Building
  • 6.72% Cap Rate
  • $6,888,000
For Sale

Unit B20

West Covina, CA 91790

  • 2,085 SF Industrial Building
  • $890,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Covina pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Covina $375 14,880 SF
West Covina $435 20,468 SF
Azusa $463 14,138 SF
San Dimas $427 26,356 SF
Baldwin Park $435 17,023 SF

Regional Demographic Comparison

This comparison places Covina alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Covina or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Covina 48,511 15,805 40 $86,739 3 6,957 -4%
West Covina 102,482 31,052 40 $94,001 3 12,318 -4%
Azusa 49,432 14,608 37 $79,060 3 6,610 -2%
San Dimas 32,648 11,535 44 $104,038 3 3,396 -4%
Baldwin Park 67,455 16,529 38 $75,196 4 6,791 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Covina, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Covina

View All Commercial Real Estate For Sale in Covina
Is Covina a good market for a first-time commercial real estate investor?

Covina offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Covina?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Covina. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Covina?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Covina. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Covina compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Covina. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Covina acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Covina, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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