Single-Story Corner Commercial
For Sale
$1,150,000
101 W Bennett Avenue, Glendora, CA 91741
Spanish-style, single-story corner property with large windows and flexible commercial zoning for office, retail, and creative uses.
Property Size1,668 SF
Days on Market70
Property Features for 101 W Bennett Avenue
General Information
Standard status
Active
Size
1,668 SF
Property subtype
Business
Zoning
commercial
Building Details
Building Size
1,668 SF
Year Built
1926
Stories
1
Listing Agency:
RE/MAX MASTERS REALTY
(626) 629-8727
Listed By:
Jill Gutierrez · License #01942273
Source:
Archetyperealty
Added: Jun 16
Changed: Aug 23
Last Checked: Aug 23 at 5:57AM
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 RE/MAX MASTERS REALTY
Investment Insights
Based on property information with market context.
This single-story commercial building features a white stucco façade, red tile roof, and arched entryways, with interior space opened to natural light through large windows. The overall configuration is designed to support customer-facing business use, with a bright, inviting environment for employees and visitors.
Set on a high-visibility corner lot, the property offers ample frontage and straightforward accessibility. It is described as being near Glendora Village, major thoroughfares, and public transit, with walkScore and bikeScore indicating moderate walkability and bikeability, and a transitScore reflecting some nearby transit options.
The space is positioned for a range of uses including office, retail, boutique services, or a creative workspace, supported by commercial zoning. For tenants or buyers seeking a versatile, visually distinctive storefront-style building with prominent corner presence and abundant daylight, this property offers a practical option in Glendora’s business district.
Set on a high-visibility corner lot, the property offers ample frontage and straightforward accessibility. It is described as being near Glendora Village, major thoroughfares, and public transit, with walkScore and bikeScore indicating moderate walkability and bikeability, and a transitScore reflecting some nearby transit options.
The space is positioned for a range of uses including office, retail, boutique services, or a creative workspace, supported by commercial zoning. For tenants or buyers seeking a versatile, visually distinctive storefront-style building with prominent corner presence and abundant daylight, this property offers a practical option in Glendora’s business district.
Key Highlights
- Spanish‑style, single‑story commercial building built in 1926
- Corner lot with ample frontage and accessible layout
- White stucco facade with red tile roof and arched entryways
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,461
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$729,220
$729.2K
Cap Rate 7%
$520,871
$520.9K
Cap Rate 9%
$405,122
$405.1K
Market Conditions
NOI Build-Up for 1,668 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.1K $38.40/SF
− Vacancy
−$15.4K −$9.25/SF
EGI
$48.6K $29.15/SF
− OpEx
−$12.2K −$7.29/SF
NOI
$36.5K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$729,220
Cap Rate 7%
$520,871
Cap Rate 9%
$405,122
Alternative Uses
Best Use
Office B
$520.9K
$455.8K – $607.7K
NOI $36,461 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.0K
$781.4K – $1.04M
NOI $62,513 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Explore this area
Business Placement
Demographics for 91741, CA
26,999
Population
9,267
Households
2.9
Avg Household Size
43
Median Age
47%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
1,323
Density / Sq Mi
$127,063
Median Household Income
$56,502
Median Earnings
$2,212
Median Rent
$923,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Spanish-style, single-story corner property with large windows and flexible commercial zoning for office, retail, and creative uses.
Where is this office building located?
The property is located at 101 W Bennett Avenue Glendora, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Spanish‑style, single‑story commercial building built in 1926; Corner lot with ample frontage and accessible layout; White stucco facade with red tile roof and arched entryways
