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Drug Store

Walgreens

1131 S Glendora Ave, West Covina, CA 91790

Listing Price: $6,000,000

Cap Rate
7.25%
Tenant Name
Walgreens
Years Remaining On Lease
58.3
Gross SF
13,170
Guarantor
Corporate Guarantee
Rentable SF
13,170
Price/Gross SF
$455.58
Lease Type
Absolute Net
Rent Per Square Feet
$33.03

Investment Overview

Prime Single-Tenant Net Leased Commercial Property in West Covina, CA

Introducing 1131 S. Glendora Ave., a prime single-tenant net leased commercial property located in the bustling city of West Covina, CA. This well-positioned property features a 13,170 square foot building, currently occupied by Dollar Tree, which is subleasing the space from Walgreens. With 8.4 years remaining on the original lease, and Walgreens guaranteeing the lease, this property offers an added layer of financial security and stability for the property owner.

The property is situated on a hard signalized corner, offering excellent visibility and high traffic flow—key factors that contribute to its appeal as a retail location. This strategic location ensures a steady stream of potential customers, making it an ideal investment for those seeking a reliable income stream from a nationally recognized tenant.

Whether you’re an experienced investor or new to commercial real estate, this property presents an exceptional opportunity to acquire a stable, income-generating asset in a thriving Southern California market.

Investment Highlights

  • 8.4 Years left on original lease
  • $3,654,000 of income left on original lease
  • Located on signalized corner

Exclusively Listed By

Financing By

Listing Price: $6,000,000

Cap Rate
7.25%
Tenant Name
Walgreens
Years Remaining On Lease
58.3
Gross SF
13,170
Guarantor
Corporate Guarantee
Rentable SF
13,170
Price/Gross SF
$455.58
Lease Type
Absolute Net
Rent Per Square Feet
$33.03

Investment Highlights

  • 8.4 Years left on original lease
  • $3,654,000 of income left on original lease
  • Located on signalized corner

Investment Overview

Prime Single-Tenant Net Leased Commercial Property in West Covina, CA Introducing 1131 S. Glendora Ave., a prime single-tenant net leased commercial property located in the bustling city of West Covina, CA. This well-positioned property features a 13,170 square foot building, currently occupied by Dollar Tree, which is subleasing the space from Walgreens. With 8.4 years remaining on the original lease, and Walgreens guaranteeing the lease, this property offers an added layer of financial security and stability for the property owner. The property is situated on a hard signalized corner, offering excellent visibility and high traffic flow—key factors that contribute to its appeal as a retail location. This strategic location ensures a steady stream of potential customers, making it an ideal investment for those seeking a reliable income stream from a nationally recognized tenant. Whether you’re an experienced investor or new to commercial real estate, this property presents an exceptional opportunity to acquire a stable, income-generating asset in a thriving Southern California market.

Exclusively Listed By

Financing By

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