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2200 E Garvey Ave S
West Covina, CA 91791
Garvey @ 10 Fwy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The site consists of ±1.31 acres of land and is ideally situated adjacent to the 10 (San Bernardino) freeway
- Freeway-adjacent sites of this size and visibility, rarely come to market in Los Angeles County
- The property boasts a large freeway pylon sign with potential for expansion
- Zoned West Covina Neighborhood Comm., which under the city's zoning code is one of the most flexible allowing for retail, medical, hospitality & other
- Currently vacant and offers tremendous upside; an investor can re-tenant the building or the building may be occupied by an owner/user
EXECUTIVE SUMMARY
CBRE, Inc. is proud to market a freestanding owner/user restaurant opportunity adjacent to the 10 (San Bernardino) Freeway in the city of West Covina, California. The offering consists of one (1) freestanding retail building, on an oversized land parcel, with tremendous repurpose and/or redevelopment potential. The restaurant site is ideal for a number of uses including restaurant, banquet hall, medical, school facility, non-profit group, religious facility location, automotive, self-storage, and even residential. The property boasts a large freeway pylon sign, with potential for expansion of the pylon (call broker for further details) which would help to increase the visibility of the site to the over 218,000 cars that pass along the 10 Freeway. This is one of the last remaining properties along the 10 Freeway with true redevelopment potential. The property is perfectly situated for an owner/user, an investor, or a developer that understand the intrinsic land value and potential to redevelop the site in the near future.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,783 SF
Building Class
C
Year Built/Renovated
1954/1959
Price
$4,820,585 CAD
Price Per SF
$349.75 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.31 AC
Zoning
NC, West Covina - Neighborhood Commercial
Parking
68 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Skylights
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 8479-001-009 | Improvements Assessment | $146,724 CAD |
| Land Assessment | $1,152,666 CAD | Total Assessment | $1,299,390 CAD |
PROPERTY TAXES
Parcel Number
8479-001-009
Land Assessment
$1,152,666 CAD
Improvements Assessment
$146,724 CAD
Total Assessment
$1,299,390 CAD
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