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Investment Highlights

  • Investment Grade Tenant with S&P Rating of A+
  • $130M (2024) in Branch Deposits
  • Densely Populated Area - 300k Residents within a 5-Mile Radius with AHHI of $120k
  • Absolute NNN, No LL Responsibilities
  • Tenant Replaced the Roof January 2026 Showing Long Term Commitment to Location
  • Located in Los Angeles MSA

Executive Summary

Equity Investment Advisors is pleased to offer for sale an absolute NNN leased investment with 1.5% annual rental increases. The property is leased to Citibank N.A., a wholly owned subsidiary of Citigroup (NYSE: C). Citibank exercised its first five (5) year option early exhibiting its commitment to this location.
Prominently located on East Arrow Highway, a major east-west thoroughfare, this site benefits from excellent visibility and direct frontage. The branch is adjacent to a CVS pharmacy-anchored shopping center, amid an upper middle-class community. The surrounding community is home to over 300,000 people with an average household income of $120,000, within a 5-mile radius. The asset resides in the affluent city of Glendora, located 23 miles east of downtown Los Angeles.

Attachments

Citibank_OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,062 SF
Building Class
B
Year Built
1981
Price
$3,577,132 CAD
Price Per SF
$880.63 CAD
Cap Rate
6.23%
NOI
$222,700 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.41 AC
Zoning
GDC3-GA*
Parking
12 Spaces (2.95 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

Citigroup is a diversified financial services holding company headquartered in New York City. The company traces its roots to 1812 when it was chartered as City Bank of New York, making it one of the oldest banking institutions in the United States. The company became The National City Bank of New York in 1865 and was formally renamed Citibank in 1976. The modern Citigroup was formed on October 8, 1998, through the merger of Citicorp and Travelers Group. Trading under ticker symbol NYSE: C, Citigroup is the third-largest banking institution in the United States by assets and is considered systemically important by the Financial Stability Board. The company operates through five business segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. Services includes treasury and trade solutions and securities services for multinational corporations and institutions. Markets provides sales and trading for equities, foreign exchange, and fixed income products. Banking encompasses investment banking, corporate banking, and commercial banking services. U.S. Personal Banking offers credit cards and retail banking to consumers and small businesses. Wealth delivers financial services to high-net-worth clients through banking, lending, and investment products. The company serves clients across 160 countries and jurisdictions.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Bank of America
Dog Haus
Banner Bank
Starbucks
Stater Bros Markets
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
8643-035-067
Land Assessment
$1,019,898 CAD
Improvements Assessment
$3,577,889 CAD
Total Assessment
$4,597,787 CAD
  • Listing ID: 37318579

  • Date on Market: 2025-08-18

  • Last Updated:

  • Address: 401 E Arrow Hwy, Glendora, CA 91740

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