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Starlite Plaza 1011-1045 N Azusa Ave 1,424 SF of Retail Space Available in Covina, CA 91722
HIGHLIGHTS
- DOUBLE PARKING LOT WITH 36 PARKING SPACES
- POLE SIGNAGE, DENSELY POPULATED RESIDENTIAL COMMUNITY
- +/- 1,424 SF FIRST FLOOR RETAIL UNIT AVAILABLE
- +/- 712 SF RETAIL + OFFICE FLEX SECOND FLOOR UNIT AVAILABLE
- 61 SINGLE FAMILY HOME DEVELOPMENT ACROSS THE STREET EXPECTED IN 2025
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1027 | 1,424 SF | 3 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $35,780 CAD/YR $2,982 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1027
± 1,424 SF first floor retail unit available at Starlite Plaza. The unit is in excellent condition with room built out with a one-way mirror that can be used as an administrative office or storage, spacious private restroom, and large back area to be used as storage, break room, and/or office space, and back double-door to be used as a second entrance or loading. Formerly a Metro by T-Mobile phone retail store and Mercury Insurance and would be great fit for a variety of uses: dentist/dental, party supply, barber shop, hair salon, furniture, appliance store, discount store, family services, tax prep, check cashing, mobile store, daycare or tutoring, donut, restaurant, juice, and bakery (tenant to verify with governing authority). Starlite Plaza has high street visibility, pylon signage, and ample parking in both front and back overflow lots with multiple entrance points.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- FORMER METRO MOBILE + MERCURY INSURANCE
- TWO ENTRANCES FOR EASY LOADING
- PRIVATE RESTROOM
- ROOM BUILDOUT WITH ONE-WAY MIRROR
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.
PROPERTY FACTS
| Total Space Available | 1,424 SF | Year Built | 1960 |
| Property Type | Retail | Parking Ratio | 2.53/1,000 SF |
| Gross Leasable Area | 14,240 SF |
| Total Space Available | 1,424 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,240 SF |
| Year Built | 1960 |
| Parking Ratio | 2.53/1,000 SF |
ABOUT THE PROPERTY
Starlite Plaza strategically sits as a retail and office hub on busy North Azusa Avenue between Covina Boulevard and Cypress Street in Covina. A highly accessible location conveniently servicing both the 10 and 210 major freeways. The property is across the street from a major new residential development, Cypress Villas Project, of 61 single-family homes and a further ± 434K residents reside in a 3-mile radius Major nearby national retailers include Jack in the Box, U-Haul, McDonald’s, and Dutch Bros Coffee. First floor +/- 1,424 SF retail unit available at Starlite Plaza. A former insurance and phone retail store, the unit is in excellent condition with 2 entrances (front and back), room with one-way mirror, private restroom, and large back area for storage, break room, and/or office space. +/- 712 SF second floor office/retail unit available at Starlite Plaza. The newly renovated unit is in excellent vanilla shell condition, with new carpet, paint, and an updated private bathroom. The property features high street visibility, pole signage, and two on site parking lots with +/- 36 spaces.
NEARBY MAJOR RETAILERS
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Starlite Plaza | 1011-1045 N Azusa Ave
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