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OUTSTANDING WEST COVINA RETAIL / INDUSTRIAL 537 S Glendora Ave 15,442 SF of Retail Space Available in West Covina, CA 91790
HIGHLIGHTS
- EXCELLENT LOCATION IN HEART OF WEST COVINA
- MULTITUDE OF COMMERCIAL/INDUSTRIAL USES
- HIGHLY MOTIVATED LANDLORD/SELLER
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 15,442 SF | Negotiable | $23.72 CAD/SF/YR $1.98 CAD/SF/MO $366,341 CAD/YR $30,528 CAD/MO | Modified Gross |
1st Floor
HIGHLY MOTIVATED OWNER/LANDLORD - FOR LEASE OR FOR SALE. Douglas Elliman Commercial and 7 Capital are proud to present 537 S Glendora Ave. — a Single-Tenant retail and/or industrial property ideally located in the heart of West Covina. This extraordinary, prime location asset offers exceptional flexibility for Tenants, Investors or Owner/Users. Previously occupied and used as a Dry Cleaner and Fabric Restoration Services. Whether you're an investor seeking strong and stable returns with long-term upside or an owner/user looking for a prime industrial/retail space with freeway visibility and accessibility — 537 S Glendora Ave. checks all the boxes. • ±15,442 SF Building on ±20,439 SF Lot • Built in 1960 | Renovated in 1988 & 2005 • Zoned WCNC Commercial – Suitable for Various Uses • Excellent Curb Appeal with Direct Access from S. Glendora Ave • 8 Parking Spaces + Roll-Up Door for Loading • Full Driveway with Convenient Ingress/Egress • Ideal for Light Industrial, Retail, Restoration, Showroom, or Potential Medical Uses • Possible Parking Space Enhancements • One Block South of I-10 (San Bernardino) Freeway • Immediate Proximity to Plaza West Covina & The Lakes Entertainment Center • Surrounded by Restaurants, Services, and Major Retailers *Tenant/Buyer to confirm and verify all information, including potential uses with The City to satisfy themselves of the same.
- Listed rate may not include certain utilities, building services and property expenses
- Exceptional Value in Prime Location
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 | 15,442 SF | Gross Leasable Area | 15,442 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Freestanding | Parking Ratio | 0.65/1,000 SF |
| Total Space Available | 15,442 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 15,442 SF |
| Year Built | 1960 |
| Parking Ratio | 0.65/1,000 SF |
ABOUT THE PROPERTY
HIGHLY MOTIVATED OWNER/LANDLORD - FOR LEASE OR FOR SALE. Douglas Elliman Commercial and 7 Capital are proud to present 537 S Glendora Ave. — a Single-Tenant retail and/or industrial property ideally located in the heart of West Covina. This extraordinary, prime location asset offers exceptional flexibility for Tenants, Investors or Owner/Users. Previously occupied and used as a Dry Cleaner and Fabric Restoration Services. Whether you're an investor seeking strong and stable returns with long-term upside or an owner/user looking for a prime industrial/retail space with freeway visibility and accessibility — 537 S Glendora Ave. checks all the boxes. • ±15,442 SF Building on ±20,439 SF Lot • Built in 1960 | Renovated in 1988 & 2005 • Zoned WCNC Commercial – Suitable for Various Uses • Excellent Curb Appeal with Direct Access from S. Glendora Ave • 8 Parking Spaces + Roll-Up Door for Loading • Full Driveway with Convenient Ingress/Egress • Ideal for Light Industrial, Retail, Restoration, Showroom, or Potential Medical Uses • Possible Parking Space Enhancements • One Block South of I-10 (San Bernardino) Freeway • Immediate Proximity to Plaza West Covina & The Lakes Entertainment Center • Surrounded by Restaurants, Services, and Major Retailers *Tenant/Buyer to confirm and verify all information, including potential uses with The City to satisfy themselves of the same.
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OUTSTANDING WEST COVINA RETAIL / INDUSTRIAL | 537 S Glendora Ave
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