509 Arrow HwyGlendora, CA 91740

  • Office properties
  • 12,146 SF
For Lease
$20.40/SF/YR View listing

Property Details for 509 Arrow Hwy

Year built
1962
Construction
TILT-UP CONCRETE
Lot size
0.56 AC
Property size (Sq ft)
12,146 SF
Zone code
GDC2
Property type
Office properties
Property subtype
Office buildings
APN
8653-008-012
APU
8653008012

Description

This exceptional 7,100 square foot medical office building in Los Angeles County, located at 509 E Arrow Hwy, presents a unique leasing opportunity. The entire building, totaling 7,100 square feet, is currently vacant and available for lease. Two divisible spaces are available, offering flexibility for various medical practices. One space offers approximately 3,100 square feet of built-out office space, ideal for a variety of medical uses. A second, contiguous space of approximately 4,000 square feet is also available, featuring a fully built-out dental suite with a monthly management fee of $2.50 per square foot. Both spaces boast impressive 12-foot ceilings, providing a spacious and modern feel. The property offers convenient access and ample parking with 40 spaces available for tenants and their clients. The high-traffic location, boasting an estimated daily traffic count of approximately 23,183 vehicles, ensures excellent visibility and accessibility for your practice. This is an exceptional opportunity to establish or expand your medical practice in a prime Los Angeles County location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,254,628
    6.5%
    $3,004,272
    7%
    $2,789,681
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,300,066
    Geo Method
    $2,309,683
  • Alternative Use

    Use
    Valuation
    Residential
    $3,725,297
    Hospitality
    $3,412,352
    Educational
    $2,839,037
    Medical
    $2,936,676
    Retail
    $4,416,280
509 Arrow Hwy, Glendora, California

Location Insight

City
Glendora
County
Los Angeles
State
California
Latitude
34.1071
Longitude
-117.855
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,800
$279,934
$1,036,221
$1,316,155
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