logo
Home
Search for Properties
School and Community Data
Find Real Living Agents and Offices
Real Estate Advice
Join Real Living - Careers and Franchise Opportunities
About Real Living Real Estate
fill
fill
Real Living Properties Unlimited
909-944-6555

20502 - 20540E Arrow Hwy, Covina CA, 91724

(Active)
$5,500,000
|
|
MLS# 322680
Skip Slideshow
Listing Provided Courtesy Of: Dengo Investment Inc.
Last Updated: 4/18/2014 11:21 PM
Description for 20502 - 20540E Arrow Hwy Covina, CA 91724
Sunrise Center is multi-tenant retail center locate on Main commercial/retail corridor of East San Gabriel Valley. It is located in signalized corner of East Arrow Highway and Bonnie Cove. Sunrise Center consists of approximately 41,949 square footage building leasable area, and situated on approximately 2.61 acres of land. Based on the asking price, Sunrise Center has it in-placed 5.68 CAP rate. Also, Sunrise Center provides a prospective investor the opportunity to own a multi-tenant retail center with price well below the replacement cost at only $134 per square foot. In addition, the center is now 66% occupancy with most of tenants are on the gross leases which providing an excellent opportunity for future investment to fill up the vacancy and convert it to NNN leases.
Price
$5,500,000
Los Angeles
322680
Active
Description
Sunrise Center is multi-tenant retail center locate on Main commercial/retail corridor of East San Gabriel Valley. It is located in signalized corner of East Arrow Highway and Bonnie Cove. Sunrise Center consists of approximately 41,949 square footage building leasable area, and situated on approximately 2.61 acres of land. Based on the asking price, Sunrise Center has it in-placed 5.68 CAP rate. Also, Sunrise Center provides a prospective investor the opportunity to own a multi-tenant retail center with price well below the replacement cost at only $134 per square foot. In addition, the center is now 66% occupancy with most of tenants are on the gross leases which providing an excellent opportunity for future investment to fill up the vacancy and convert it to NNN leases.
Listing Information
Property Type: General Commercial
2.6 Acres 1989 2
Neighborhood
Room Information
Exterior / Lot Features
None
Listing Price History

Covina Real Estate

Covina is located in California. Covina, California 91724 has a population of  47,796.

The median household income in Covina, California 91724 is $59,050. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in Covina 91724 is 35.8 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Dengo Investment Inc. Andy Deng
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
392361 - Real Living Properties Unlimited
Nearby homes for sale