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    Covina, CA
    Drug Store

    Covina, CA Drug Stores for Sale

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    West Covina, CA Irwindale, CA Azusa, CA Baldwin Park, CA Glendora, CA Duarte, CA San Dimas, CA Walnut, CA
    Freestanding Net-Leased Pharmacy Building
    Updated: Jun 11
    Freestanding Net-Leased Pharmacy Building

    837 West Arrow Highway, Covina, CA 91722

    $3,738,010
    9,600 sqft 0.77 AC lot
    Single‑tenant, net‑leased Polaris Pharmacy property at 837 W Arrow Highway in Glendora, CA
    Freestanding ±19,600 SF flex R&D building on approx. 0.77 acres; built in 1982
    Lease to Polaris Pharmacy Services with approx. two years remaining term and 4% annual rental increases
    Ample on‑site parking with 24 surface spaces
    Flexible zoning supports multiple uses, including healthcare, laboratory, office, flex industrial, and specialty commercial
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    This listing looks promising.

    Here's a quick look at some key insights for

    837 West Arrow Highway, Covina, CA 91722

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $228K
      Annual

    • Price @ 7% Cap

      $3.25M
      Suggested
    View Property Analytics
    Single-Tenant Net-Leased Pharmacy
    Updated: Jun 11
    Single-Tenant Net-Leased Pharmacy

    1010 Arrow Highway, Covina, CA 91724

    $3,993,600
    9,590 sqft 0.88 AC lot
    Single‑tenant net‑leased Polaris Pharmacy property with over two years of remaining lease term
    Freestanding 9,590 SF building on approximately 0.88 acres with 45 surface parking spaces
    4% annual rental increases as part of the existing lease
    C‑4 General Commercial zoning allowing a broad range of retail and commercial uses
    Located at 1010 Arrow Highway in Covina, CA, on the Arrow Highway corridor
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Covina, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Strip Center For Sale
    Retail Strip Center For Sale

    730 Long Beach Blvd, Long Beach, CA 90813

    $3,150,000
    7,562 sqft

    Multi-tenant retail strip center in Downtown Long Beach.

    View details
    Storefront Retail Pharmacy Building
    Storefront Retail Pharmacy Building

    174 S Alvarado Street, Los Angeles, CA 90057

    $1,999,999
    4,634 sqft 0.14 AC lot

    Freestanding storefront building with multiple interior rooms and convenient access to major transit and freeways.

    View details
    Former Rite Aid Retail Building
    Former Rite Aid Retail Building

    7900 Sunset Boulevard, Los Angeles, CA 90046

    Contact for pricing
    24,000 sqft 1.42 AC lot

    Former Rite Aid site with additional retail and restaurant space offered for sale.

    View details
    Grocery-Drug Anchored Shopping Center
    Grocery-Drug Anchored Shopping Center

    141 E Willow St, Long Beach, CA 90806

    Contact for pricing
    47,680 sqft

    Urban retail center anchored by Albertsons and CVS with remaining ground lease through 2083.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lot in Pahrump, NV
    Commercial Lot in Pahrump, NV

    190 Emery Street, Pahrump, NV 89048

    $50,900
    0.21 AC lot

    Prime commercial lot ready for development in Pahrump, Nevada.

    View details
    Corner Office Mixed-Use Land
    Corner Office Mixed-Use Land

    996 E 1st, Chico, CA 95926

    $549,000
    0.77 AC lot

    Corner commercial land zoned OR with power onsite and city services available at the street.

    View details
    North Chico Land Investment Opportunity
    North Chico Land Investment Opportunity

    Lassen Avenue, Chico, CA 95973

    $1,100,000
    2.00 AC lot

    Two-acre corner lot in North Chico with office residential zoning.

    View details
    Benson Land with Development Potential
    Benson Land with Development Potential

    162 Acres Highway 90, Benson, AZ 85602

    $1,650,000
    162.00 AC lot

    Large 162-acre parcel zoned B-2 in Benson, Arizona.

    View details

    Covina, CA Drug Stores Market Trends and Statistics

    Explore 2 drug stores for sale in Covina, CA on our real estate platform. These investment opportunities span a total of 19,190 square feet of properties for sale, with an estimated market value of $7,731,610.

    Sale prices for pharmacies in Covina, CA start at $3,738,010, averaging $3,865,805, and reaching up to $3,993,600 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Storefront properties 6
    Auto shops 2
    Automotive properties 2
    Drug stores 1

    Demographics Overview

    Population 80K
    Population Growth (5Y) -0.1%
    Median Household Income $97,050
    College Educated 36.3%

    High-Yield Neighborhoods for Investment

    Identify Covina submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    91722 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.29%
    Property Tax per SF $13.39 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

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