Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1311 S Grand Ave Glendora, CA 91740

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.40 SF/Yr ($9,915 /Mo)

    Newly renovated shopping center in the heart of San Gabriel Valley.

    Property size:
    84,987 SF
    Lot size:
    84,987 SF

    Property Features for 1311 S Grand Ave

    General Information

    Size
    84,987 SF

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Dean Kinan
    Source: Naiglobal

    Listing Agent: Dean Kinan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    San Gabriel Valley Shopping Center

    Glendora Promenade is a newly-renovated neighborhood shopping center located in the heart of the San Gabriel Valley, at the foot of the San Gabriel Mountains. The shopping center comprises 83,787 square feet in three buildings on approximately seven acres of land. Originally built in 1986 and renovated in 2009, the property features frontage on S. Grand Avenue, one of the region’s busiest north/south thoroughfares, exposed to 44,000 vehicles daily. The location is at a heavily trafficked intersection. Monument signage and concrete parking are available, as well as elevator-served second level retail and office space. Current tenants include Flavor Season, Papas Pizzeria, Habibi’s Hot Chicken, Juicy Boba, Kiddie Academy, Sylvan Learning Center, Banner Bank, Time Warner/Spectrum, and Healthcare Partners/Optum. Other tenants use the space for medical and dental offices, pharmacy, education centers, Quick Service Food & Restaurants, retail, salons, and professional office uses. The property has close proximity and exposure to the I-210 (Foothill) Freeway and is located at the intersection of Grand Ave & Gladstone. The property offers street exposure and frontage, a tenant mix, and abundant parking. Signage is available, and the location benefits from heavy daytime traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Osuna's Mexican Grill Restaurant Habibi's Hot Chicken Restaurant Glendora Car Accident ... Law Firm The Yoga Dance Co Theater & Performing Art Venue Sphinx Egyptian Kitchen Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    College Center Shopping Center, DeLaTorre, Home, Coinstar Kiosk - Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Grand and Alosta

    Location Insight

    • Map
    • Local Demand
    City
    Glendora
    County
    Los Angeles
    State
    California
    Longitude
    -117.8734616
    Latitude
    34.1162657

    Nearby Similar for Lease

    • $3,100 /Mo
      1,050 SF

      Retail Space in Downtown Glendora

      Retail space in a prime downtown Glendora location.
      139 N Glendora Ave, Glendora, CA 91741
      View Details
    • $1,950 /Mo
      1,136 SF

      Route 66 Commercial Space

      Prime 1,132 sq ft commercial space on Historic Route 66.
      633 Route 66 E, Glendora, CA 91740
      View Details
    • Contact for pricing
      980 SF

      Retail Sublease on Route 66

      Retail space available for sublease in Glendora, CA.
      529 S Glendora Ave, Glendora, CA 91741
      View Details
    • $3,700 /Mo
      1,668 SF

      Glendora Commercial Spanish-Style Property

      Charming Spanish-style commercial property in the heart of Glendora.
      101 W Bennett Ave, Glendora, CA 91741
      View Details
    • $2 SF/Yr
      4,818 SF

      Glendora Office Space For Rent

      Second floor office space available for rent in Glendora.
      2200 Route 66 E, Glendora, CA 91740
      View Details
    • $600 /Mo

      Executive Suite for Rent

      Single executive suite with full services in Glendora.
      1340 E Route 66 200-E, Glendora, CA 91740
      View Details
    • $1.40 SF/Yr

      Renovated San Gabriel Valley Shopping Center

      High-quality shopping center with excellent frontage and tenant mix.
      1301 S Grand Ave, Glendora, CA 91740
      View Details
    • Contact for pricing

      Office Property 100% Leased

      Office property in Glendora, CA, currently 100% leased.
      504 W Baseline Rd, Glendora, CA 91740
      View Details
    • Contact for pricing
      4,000 SF

      Dental Space Available For Rent

      4,000 square foot dental space available for rent.
      509 E Arrow Hwy, Glendora, CA 91740
      View Details

    FAQs

    What type of property is this?
    Shopping center - Newly renovated shopping center in the heart of San Gabriel Valley.
    Where is this shopping center located?
    The property is located at 1311 S Grand Ave Glendora, CA.
    What is the lease rate?
    The lease rate is $1.40 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on S. Grand Avenue with 44,000 vehicles daily.; - Newly-renovated, high-quality shopping center.; - Strong tenant mix including recognizable brands like Banner Bank and Time Warner/Spectrum.
    (818) 276-5678
    Request Owner's contact information
    1311 S Grand Ave Glendora, CA 91740
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1311 S Grand Ave
    Glendora, CA 91740
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1311 S Grand Ave Glendora, CA 91740
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dean Kinan
    Real Estate License ID: 02051348
    (818) 276-5678
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!