537 Glendora AveWest Covina, CA 91790

This exceptional West Covina storefront, located at 537 S. Glendora Ave, presents a compelling investment opportunity. The 15,442 square foot building sits on a 20,439 square foot lot and boasts a strong, single-tenant net lease with FRSTEAM, a franchisee, with approximately six months remaining on a 10-year lease expiring May 31, 2025. Rent bumps are tied to the CPI. The property features a 7.09% cap rate and a current NOI of $332,730. Built in 1960 with renovations in 1988 and 2005, the property is zoned WCNC, offering flexibility for future uses. The property includes 22 parking spaces, with an application pending approval to add 12 more. Situated on a major retail artery with over 50,000 vehicles per day, this location offers excellent visibility and accessibility, less than a quarter mile from the I-10 freeway. The asking price is $4,695,000 ($304.04 per square foot). This prime commercial location is surrounded by other businesses and benefits from strong demographics, with over 26,000 people within a one-mile radius and average household incomes exceeding $145,674. This presents a unique opportunity for an investor to acquire a well-located, income-producing asset with potential for future repositioning.