505 Grand Ave Walnut, CA 91789-2144
- Retail space
- 9,122 SF
- 0.76 lot acres
Current Use by Public Records
- Cold Stone Creamery / Ice Cream Shop / Cake Shop
- Nature's Juice / Juice Shop
- Coinstar / Money Transfer Service
- Mr. Pho California Kitchen - Walnut / Asian Restaurant / Noodle Shop
- bb.q Chicken Walnut / Fried Chicken Takeaway / Barbecue Restaurant
Property Details for 505 Grand Ave
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 0.76 lot acres
- Property size
- 9,122 SF
- Zone code
- WAC3
- Property type
- Retail space
- APN
- 8709-105-010
- APU
- 8709105010
Description
This exceptional retail investment opportunity presents a 9,122 square foot shopping center situated on a generous 18.6-acre lot in the thriving city of Walnut, California. Built in 2003, the property boasts a convenient location at 505 N Grand Ave, 91789, benefiting from high visibility and accessibility. Currently, there is 2,380 square feet of vacant space available, presenting a unique chance for expansion or new tenancy. The center offers ample parking with a ratio of 5.06 stalls per 1,000 square feet. Its strategic location at the intersection of Grand Avenue and Valley Boulevard places it at the heart of the retail trade area, enjoying excellent access to the Pomona (60) Freeway and signalized entrances. Furthermore, its proximity to Mt. San Antonio College, with its substantial student population of over 40,000, provides a significant and consistent customer base. This property is an ideal investment for those seeking a well-established retail center with significant growth potential in a high-demand area of Los Angeles County. The property is classified as a multi-tenant retail shopping center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walnut
- County
- Los Angeles
- State
- California
- Longitude
- -117.836
- Latitude
- 34.0275
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA