High-Traffic Retail Strip
For Sale
Contact for pricing
532-540 N Azusa Ave, West Covina, CA 91791
Retail strip center on Azusa Ave with 135 feet of frontage, new 2019 roof, and 2022 parking lot security gates.
Property SizeContact for details
Days on Market128
Property Features for 532-540 N Azusa Ave
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
5%
Traffic Count
53,909 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Progressive Real Estate Partners
(909) 576-4259
Listed By:
Greg Bedell · License #CA 01942970
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 14 at 7:57AM
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 Progressive Real Estate Partners
Investment Insights
Based on property information with market context.
The property is a retail strip center with space leased to 5 tenants on a 100% leased basis. Four of the tenants operate on Modified Gross leases with remaining terms ranging from less than 2 months to 3.5 years, and the income is diversified across the tenant base with no single tenant accounting for more than 27% of center income. Recent improvements include a new roof installed in 2019 and new parking lot security gates installed in 2022.
Positioned along Azusa Avenue, the center has maximum visibility with no clear obstructions reported to the frontage and is described as seeing approximately 53,909 cars per day. The property provides 135 feet of frontage along the corridor, and the surrounding retail mix cited includes national and regional brands such as McDonald’s, Stater Bros. Markets, Food 4 Less, Chase Bank, CVS, Wells Fargo, Denny’s, 7-Eleven, and Norm’s.
The tenant mix is described as including e-commerce-resistant uses such as nail and hair salons, taekwondo, massage, and Friar Tux.
Positioned along Azusa Avenue, the center has maximum visibility with no clear obstructions reported to the frontage and is described as seeing approximately 53,909 cars per day. The property provides 135 feet of frontage along the corridor, and the surrounding retail mix cited includes national and regional brands such as McDonald’s, Stater Bros. Markets, Food 4 Less, Chase Bank, CVS, Wells Fargo, Denny’s, 7-Eleven, and Norm’s.
The tenant mix is described as including e-commerce-resistant uses such as nail and hair salons, taekwondo, massage, and Friar Tux.
Key Highlights
- High‑traffic Azusa Avenue strip center with 135 feet of frontage and visibility to approximately 53,909 cars per day
- 100% leased to 5 tenants, including e‑commerce‑resistant uses such as nail and hair salons, taekwondo, massage, and Friar Tux
- Lease structure includes modified gross leases for 4 of 5 tenants with less than 2 months to 3.5 years remaining
Property Analytics
Current Use
Lease Details
53,909 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
807
Businesses Nearby
224k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 26%
Groceries 24%
Stater Bros. Markets
Groceries
54,070 visits/mo
0.4 miles
McDonald's
Dining
38,286 visits/mo
0.1 miles
ARCO
Shops & Services
26,006 visits/mo
0.2 miles
Chase Bank
Shops & Services
14,447 visits/mo
0.4 miles
Dollar Tree
Shops & Services
12,834 visits/mo
0.4 miles
Demographics for 91791, CA
34,267
Population
11,315
Households
3
Avg Household Size
41
Median Age
34%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
5,192
Density / Sq Mi
$100,365
Median Household Income
$46,807
Median Earnings
$1,875
Median Rent
$782,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail strip center on Azusa Ave with 135 feet of frontage, new 2019 roof, and 2022 parking lot security gates.
Where is this strip mall located?
The property is located at 532-540 N Azusa Ave West Covina, CA.
What are key features of this property?
This property features: High‑traffic Azusa Avenue strip center with 135 feet of frontage and visibility to approximately 53,909 cars per day; 100% leased to 5 tenants, including e‑commerce‑resistant uses such as nail and hair salons, taekwondo, massage, and Friar Tux; Lease structure includes modified gross leases for 4 of 5 tenants with less than 2 months to 3.5 years remaining
