Retail•Free Standing•For Sale

Citibank NNN, Los Angeles MSA, Corporate Lease

401 East Arrow Highway, Glendora, California 91740

Sale Price $3,250,000 ($800.10 /SqFt)
Sale Type Investment
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1982
Stories 1
Cap Rate 4.85%
RBA 4,062 SqFt
Land Area 17,860 SqFt
Market Los Angeles
Less than 30 miles east of downtown Los Angeles, Glendora is a bustling city for Los Angeles commuters. The property is prominently located on East Arrow Highway, a major east-west thoroughfare. The site benefits from excellent visibility and direct frontage. The location has an estimated daily traffic count of nearly 30,000 vehicles per day. The branch is located in a CVS pharmacy-anchored shopping center amid an upper middle-class community. The population and average household income within a 5-mile radius are 315,000 and $89,000, respectively
  • NOI $157,533
  • Lease Type Absolute NNN
  • Lease Term 10 Years
  • Lease Start January 2014
  • Lease Expiration January 2024

1 Spaces

1
9/18/2018 12:00:00 AM 10/11/2018 5:44:07 PM

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