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This Retail Property is no longer advertised on LoopNet.com.

522 E Vine Ave
West Covina, CA 91790

Flame Broiler Anchored Multi-Tenant NNN · Retail Property For Sale

Storefront Properties California West Covina 522 E Vine Ave, West Covina, CA 91790

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
5,806 SF
Building Class
C
Year Built
1948
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.56 AC
Zoning
C1YY - Zone: N-C General Plan: Neighborhood - Medium Density Residential (NM)
Parking
13 Spaces (4.31 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign

About 522 E Vine Ave , West Covina, CA 91790

Colliers International’s, as exclusive listing agent to the seller, is pleased to present for sale the Three-Unit Retail Center in West Covina located at 522 E. Vine Avenue. The three-unit building totaling 5,800 gross leasable square feet presents an exceptional NNN investment opportunity in one of the strongest residential rental markets in Los Angeles. The Flame Broiler lease ends March, 2022 with a 2 Five Year option to extend and 3% annual increase. Ranch Town Market lease ends on November 22, 2020 while Las Champas will exercise it's option and take over the Ranch Town Market space with brand new lease starting December 1st, 2020. The CAP rate starting December 1st, 2020 would be 5.00%.

PROPERTY TAXES

Parcel Number 8488-002-001 Improvements Assessment $1,650,178
Land Assessment $1,591,812 Total Assessment $3,241,990

PROPERTY TAXES

Parcel Number
8488-002-001
Land Assessment
$1,591,812
Improvements Assessment
$1,650,178
Total Assessment
$3,241,990
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  • Listing ID: 16940548

  • Date on Market: 8/16/2019

  • Last Updated:

  • Address: 522 E Vine Ave, West Covina, CA 91790

More public record information on 522 E Vine Ave, West Covina, CA 91790

The Retail Property at 522 E Vine Ave, West Covina, CA 91790 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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