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Property profile & analytics
OFF-MARKET Estimated value $1,515,000
Retail space

505 Grand Ave Walnut, CA 91789-2144

9,122 SF 0.76 ac lot Built 2003
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7598673
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction WOOD
Total area 9,122 SF
Lot 0.76 ac (32,985 SF)
Zoning code WAC3
APN 8709-105-010
UPID US09-7598673
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cold Stone Creamery Grocery & Convenience Store Specialty Food Shop
  • Nature's Juice Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Coinstar Bank Credit Union
  • Mr. Pho California Kitchen - Walnut Restaurant
  • bb.q Chicken Walnut Take-out & Catering Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.52M
Owner & transaction history
Snow Creek Village West Partners · 2 yrs held
Snow Creek Village West Partners
since 2023
3 recorded transactions
2023
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
WAC3 · Walnut, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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