905 Arrow HwyGlendora, CA 91740

This exceptional investment opportunity presents the Glendora Public Market, a thriving 18,132 square foot food hall in Glendora, California. Located at the signalized intersection of Arrow Highway and Sunflower Avenue, this property boasts daily traffic counts exceeding 41,000 vehicles. Completely renovated in 2020, the single-story building sits on 1.25 acres and features 11 tenants, including notable anchors Smog City Brewing and Dog Haus. The property benefits from a 100% occupancy rate, generating a current NOI of $523,218 and a pro-forma NOI of $672,712, representing a 5.51% cap rate and a pro-forma cap rate of 7.08%, respectively. The asking price is $9,495,000, translating to $523.66 per square foot. All leases are NNN, ensuring a pass-through of operating expenses. Situated in a high-traffic area with affluent demographics (145,286 residents within three miles, average household income exceeding $124,180), this property offers an ideal 1031 exchange opportunity. The property's location provides easy access to the I-210 and SR 57 freeways, serving a large regional population. Percentage rent clauses in several leases offer potential for increased revenue streams. This is a rare chance to acquire a fully leased, best-in-class food hall in a highly desirable and established trade area within the San Gabriel Valley. The property's history as a Wonder Bread factory adds unique character, while its modern renovation ensures a contemporary appeal. The strong tenant mix and internet-resistant business model provide a stable and promising investment.