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High-Traffic Retail Strip Center

532-540 N Azusa Ave West Covina, CA 91791

532-540 N Azusa Ave, West Covina, CA, 91791
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For Sale
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Retail strip center on Azusa Ave with 135 feet of frontage, new 2019 roof, and 2022 parking lot security gates.

Days on Market103

Property Features for 532-540 N Azusa Ave

General Information

Standard status
Active
Property subtype
Retail
Listing agency Progressive Real Estate Partners
Listed by Greg Bedell · License #CA 01942970
Source Crexi
Added: Apr 11 Updated: Jul 22 at 5:39PM Checked: Jul 22 at 5:39PM

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.

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

Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Law Firm Garden Center Computer & Electronic Repair Parking Lot & Garage Electrical Service Hotel & Motel (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic

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

FAQs

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
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