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Property profile

905 E Arrow Hwy Glendora, CA 91740

Retail space
Property ID
US09-9553596
View Sample
18,132 SF 1.24 ac lot Built 1951
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional food hall opportunity is located in the thriving Glendora Public Market, situated at the prime intersection of Arrow Highway and Sunflower Avenue in the Western San Gabriel Valley. Originally a Wonder Bread factory, the property underwent a complete renovation in 2020, transforming it into a best-in-class food hall while preserving its historic charm. Boasting ±274 feet of frontage on Arrow Highway and ±123 feet on Sunflower Avenue, the property benefits from a four-way signalized intersection with an estimated 47,360 cars passing daily, ensuring high visibility. Panel signage opportunities are available on the Arrow Highway-facing building. The location offers convenient access to the I-210 and 57 Freeways, attracting customers from across the region. A strong customer base is supported by a population of approximately 165,063 within a 10-minute drive, 70,358 employees nearby, and an average income of $133,320 within a 5-minute radius. The market's vibrant atmosphere is enhanced by regular events, including game nights, trivia nights, craft markets, loterias, and live bands, creating a lively and engaging environment for both tenants and patrons. This is a unique opportunity to establish a presence in a high-traffic, high-income area within a beautifully renovated historic building. The property offers multiple tenancy options within a thriving food hall environment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Construction TILT-UP CONCRETE
Total area 18,132 SF
Lot 1.24 ac (54,232 SF)
Zoning code GDC3
APN 8653-037-018
UPID US09-9553596

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Market Farmer's Market
  • Cafe & Coffee Shop
  • Cafe & Coffee Shop
  • Restaurant Take-out & Catering
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k

Owner & transaction history

since 2023
Last sale
$850,000
7 recorded transactions
2023
Price N/A
2023
$850,000
2023
$795,000
2023
$793,000
2023
$797,000
2023
Price N/A
2023
$783,000

Zoning & alternative use

GDC3 · Glendora, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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