100 Foothill BlvdFalling Springs, CA 91702

Property Details for 100 Foothill Blvd

Year built

1978

Property size (Sq ft)

9,500 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Cornerstone Plaza, a 9,500 square foot multi-tenant shopping center, presents a compelling investment opportunity in Azusa, California. Located at 100 W Foothill Blvd, 91702, this property boasts a prominent corner location at the intersection of Foothill Boulevard and Azusa Avenue, a high-traffic area within the city. Currently, the center enjoys 86.9% occupancy with tenants including Nektar Juice, Subway, and Pearl Nail Spa. The property features a strong net operating income (NOI) of $242,858, yielding a 5.52% cap rate on an asking price of $4,400,000. Built in 1978, the center sits on a 21,163 square foot lot and is zoned AZCBD. Its strategic location offers exceptional visibility and accessibility, with proximity to major amenities such as Target, the Azusa Metro Station, and the Orchard, a new mixed-use development. Furthermore, Azusa Pacific University and Citrus College are conveniently located within minutes. This property offers an investor the chance to capitalize on a well-situated retail center with potential for increased value through lease-up opportunities. The Los Angeles County property (APN 8611-004-041) is a prime asset in a thriving San Gabriel Valley community, surrounded by established residential areas and neighboring cities including Pasadena, Arcadia, Monrovia, Glendora, La Verne, and Claremont.

Location Insight

City

Falling Springs

County

Los Angeles

State

California

Latitude

34.2667

Longitude

-117.855

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].