Walgreens — Sale in West Covina, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: West Covina, CA 91790

Investment Figures

Cap rate
7.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Prime Single-Tenant Net Leased Commercial Property in West Covina, CA Introducing 1131 S. Glendora Ave., a prime single-tenant net leased commercial property located in the bustling city of West Covina, CA. This well-positioned property features a 13,170 square foot building, currently occupied by Dollar Tree, which is subleasing the space from Walgreens. With 6.75 years remaining on the original lease, and Walgreens guaranteeing the lease, this property offers an added layer of financial security and stability for the property owner. The property is situated on a hard signalized corner, offering excellent visibility and high traffic flow—key factors that contribute to its appeal as a retail location. This strategic location ensures a steady stream of potential customers, making it an ideal investment for those seeking a reliable income stream from a nationally recognized tenant. Whether you’re an experienced investor or new to commercial real estate, this property presents an exceptional opportunity to acquire a stable, income-generating asset in a thriving Southern California market. Investment Highlights: • 6.75 Years left on original lease • $2,900,000 of income left on original lease • Located on signalized corner

Market Context

This retail in West Covina, CA is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in West Covina, CA — view the full market.

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