Cornerstone Plaza | 100-136 W Foothill Blvd
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Cornerstone Plaza 100-136 W Foothill Blvd
9,500 SF 87% Leased Retail Building Azusa, CA 91702 $4,400,000 ($463/SF) 5.52% Cap Rate
Executive Summary
Cornerstone Plaza is a 9,500 SF multi-tenant retail center in the heart of Azusa. Located on the corner of Foothill and Azusa, this center is
on the intersection with the highest traffic counts in the city. Current tenants include Nektar Juice, Subway and Pearl Nail Spa. This is a great opportunity for an opportunistic investor to lease up and create value. This center is walking distance to Target, the Azusa Metro Station and the Orchard a new mixed-used development on the same intersection. Azusa Pacific University and Citrus College are also just a few minutes away.
on the intersection with the highest traffic counts in the city. Current tenants include Nektar Juice, Subway and Pearl Nail Spa. This is a great opportunity for an opportunistic investor to lease up and create value. This center is walking distance to Target, the Azusa Metro Station and the Orchard a new mixed-used development on the same intersection. Azusa Pacific University and Citrus College are also just a few minutes away.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,500 SF
Building Class
B
Year Built
1978
Price
$4,400,000
Price Per SF
$463
Cap Rate
5.52%
NOI
$242,859
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Land Acres
0.48 AC
Zoning
AZCBD* - central business district
Parking
18 Spaces (1.89 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 655 | 1,236 SF | Retail | - | Now |
655
| Size |
| 1,236 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
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655
| Size | 1,236 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score ®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 8611-004-041 | Improvements Assessment | $1,272,125 |
| Land Assessment | $1,346,480 | Total Assessment | $2,618,605 |
PROPERTY TAXES
Parcel Number
8611-004-041
Land Assessment
$1,346,480
Improvements Assessment
$1,272,125
Total Assessment
$2,618,605
-
David Chen -
Lee & Associates
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Cornerstone Plaza | 100-136 W Foothill Blvd
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