Freestanding Mixed-Use
New
For Sale
Contact for pricing
101 S Azusa Ave, Covina, CA 91722
The property offers a leased configuration that may also suit an owner-user.
Property Size3,140 SF
Price / SF$385.03
Days on Market5
Property Features for 101 S Azusa Ave
General Information
Standard status
Active
Size
3,140 SF
Total Parking Spaces
17
Property subtype
RETAIL
Additional Details
Corner Location
Yes
Listing Agency:
Lee & Associates
(909) 989-7771
Listed By:
Matthew Rodriguez · License #02235265
(909) 373-2715
Source:
Moodyscre
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 11 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates
Investment Insights
Based on property information with market context.
This freestanding mixed-use property contains 3,140 square feet of retail and office space. Its leased status supports an investment-oriented use, while the property is also presented for potential owner occupancy.
The building has 17 parking spaces and is near Downtown Covina, with access to the 210 and 10 freeways.
The building has 17 parking spaces and is near Downtown Covina, with access to the 210 and 10 freeways.
Key Highlights
- 3,140‑square‑foot freestanding retail and office building
- 17 parking spaces
- Near Downtown Covina and the 210 and 10 freeways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,471
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,420
$1.4M
Cap Rate 7%
$992,443
$992.4K
Cap Rate 9%
$771,900
$771.9K
Market Conditions
NOI Build-Up for 3,140 SF
Gross rent
$106.3K $33.84/SF
− Vacancy
−$7.0K −$2.23/SF
EGI
$99.2K $31.61/SF
− OpEx
−$29.8K −$9.48/SF
NOI
$69.5K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,420
Cap Rate 7%
$992,443
Cap Rate 9%
$771,900
Alternative Uses
Best Use
Retail
$992.4K
$868.4K – $1.16M
NOI $69,471 @ 7.0% cap · market cap 5.75%
Second Best
Mixed Use
$908.4K
$794.8K – $1.06M
NOI $63,585 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,680 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
295k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 28%
Dining 25%
Home Improvements & Furnishings 21%
Shops & Services 19%
The Home Depot
Home Improvements & Furnishings
61,468 visits/mo
0.2 miles
Food 4 Less
Groceries
52,732 visits/mo
0.4 miles
Smart & Final
Groceries
30,586 visits/mo
0.1 miles
Starbucks
Dining
27,584 visits/mo
0.1 miles
dd's DISCOUNTS
Shops & Services
18,945 visits/mo
0.1 miles
Demographics for 91722, CA
36,111
Population
10,340
Households
3.5
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
4.1 sq mi
ZIP Area
8,808
Density / Sq Mi
$98,033
Median Household Income
$39,738
Median Earnings
$2,039
Median Rent
$626,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property offers a leased configuration that may also suit an owner-user.
Where is this mixed-use property located?
The property is located at 101 S Azusa Ave Covina, CA.
What is the asking price?
The asking price for this property is $1,209,000.
What are key features of this property?
This property features: 3,140‑square‑foot freestanding retail and office building; 17 parking spaces; Near Downtown Covina and the 210 and 10 freeways
