1373 Center Ct Dr Covina, CA 91724
Medical and dental use allowed, great owner user opportunity.
Property Features for 1373 Center Ct Dr
General Information
- Standard status
- Active
- Size
- 32,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1979
Listing office Lee & Associates - Pasadena (626) 240-2788
Listing date Jun 12, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Pasadena
Investment Insights
Based on property information with market context.
Key Highlights
- Great owner user opportunity
- Medical and dental use allowed
- Built in 1979
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.23M | $38.40 |
| − Vacancy | −$296.1k | −$9.25 |
| EGI | $932.7k | $29.15 |
| − OpEx | −$233.2k | −$7.29 |
| NOI | $699.5k | $21.86 |
