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Multi-Tenant Strip Center
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20060 E Arrow Highway, Covina, CA 91724

Multi-tenant retail strip center leased to nine tenants, most with long tenancies, offered for sale with no financing.

Property SizeContact for details
Days on Market143

Property Features for 20060 E Arrow Highway

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: CBRE - Orange County
Listed By: Shaena Smith · License #01980031
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 6:02AM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

Glen Center is a multi-tenant retail strip center offered for sale at 20060 E. Arrow Highway in Covina, California. The property is currently leased to nine (9) tenants, and the public remarks note that most of them have been in place for more than a decade.

The offering is positioned as an investor opportunity, and the remarks state the center is available with no existing financing in place. The property is presented for purchase either for cash or with new financing.

Key Highlights

  • Multi‑tenant retail strip center currently leased to nine (9) tenants
  • Most tenants have been at the shopping center for well over a decade
  • Leasing is positioned for potential rent growth as leases expire

Property Analytics

Current Use

Showtime: An Outlet Store Discount Store Shoe City - Arrow ... Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Food Market Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 33% Home Improvements & Furnishings 1%
McDonald's Dining
28,270 visits/mo 0.2 miles
Taco Bell Dining
12,706 visits/mo 0.2 miles
7-Eleven Shops & Services
8,208 visits/mo 0.1 miles
ARCO Shops & Services
6,699 visits/mo 0.1 miles
Alberto's Mexican Food Dining
4,889 visits/mo 0.1 miles

Demographics for 91724, CA

27,180
Population
9,372
Households
2.9
Avg Household Size
41
Median Age
36%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
4,384
Density / Sq Mi
$102,129
Median Household Income
$49,276
Median Earnings
$2,056
Median Rent
$722,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant retail strip center leased to nine tenants, most with long tenancies, offered for sale with no financing.
Where is this strip mall located?
The property is located at 20060 E Arrow Highway Covina, CA.
What are key features of this property?
This property features: Multi‑tenant retail strip center currently leased to nine (9) tenants; Most tenants have been at the shopping center for well over a decade; Leasing is positioned for potential rent growth as leases expire
(949) 725-8625 Call to check price and availability
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