905 Arrow HwyGlendora, CA 91740
- Retail properties
- 18,132 SF
Property Details for 905 Arrow Hwy
- Year built
- 1951
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.24 AC
- Property size (Sq ft)
- 18,132 SF
- Zone code
- GDC3
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 8653-037-018
- APU
- 8653037018
Description
This exceptional food hall opportunity is located in the thriving Glendora Public Market, situated at the prime intersection of Arrow Highway and Sunflower Avenue in the Western San Gabriel Valley. Originally a Wonder Bread factory, the property underwent a complete renovation in 2020, transforming it into a best-in-class food hall while preserving its historic charm. Boasting ±274 feet of frontage on Arrow Highway and ±123 feet on Sunflower Avenue, the property benefits from a four-way signalized intersection with an estimated 47,360 cars passing daily, ensuring high visibility. Panel signage opportunities are available on the Arrow Highway-facing building. The location offers convenient access to the I-210 and 57 Freeways, attracting customers from across the region. A strong customer base is supported by a population of approximately 165,063 within a 10-minute drive, 70,358 employees nearby, and an average income of $133,320 within a 5-minute radius. The market's vibrant atmosphere is enhanced by regular events, including game nights, trivia nights, craft markets, loterias, and live bands, creating a lively and engaging environment for both tenants and patrons. This is a unique opportunity to establish a presence in a high-traffic, high-income area within a beautifully renovated historic building. The property offers multiple tenancy options within a thriving food hall environment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,744,670
- 6.5%
- $6,225,850
- 7%
- $5,781,146
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,929,746
- Geo Method
- $8,688,912
-
Alternative Use
- Use
- Valuation
- Residential
- $5,251,738
- Hospitality
- $4,810,563
- Educational
- $4,002,332
- Medical
- $4,139,978
- Retail
- $6,225,850
Location Insight
- City
- Glendora
- County
- Los Angeles
- State
- California
- Latitude
- 34.1071
- Longitude
- -117.846
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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