206 North Vincent Avenue, West Covina, CA 91790

$2,200,000 Approx. USD 0 beds, 0 baths
4,404 sqft

Agent Remarks

First Team Commercial is proud to present the Chevron Auto Center of West Covina. With two long term tenants in place both of whom started their lease 4-5 years ago. There is an auto service tenant occupying approximately 2,900 square feet and a Chevron franchisee using the balance of the property. The auto service tenant is on a modified gross lease and the Chevron tenant is on a NN lease, property tax reimbursement is not included. Both leases have 3% annual increases. The "Stabilized" cap rate in accordance with the tenant's existing lease. No rent increase assumptions were made when calculating the "stabilized" cap rate. Request offering memorandum from broker.

Listing Details

Property type: RET (Commercial)
Status: Active Under Contract
MLS# OC15204818
List price is $2,200,000 Reduced by $50,000 on 4/5/2016
Beds: 0
Baths: 0
Built in 1963
4,404 sqft
0.64 acres
Lot size: 28165.000
Topography: Flat
County: Los Angeles
Zoning: WCCNR1750
MLS area: 669 - West Covina

Last Updated: 8/10/2016

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This listing belongs to the 669 - West Covina MLS area

The listing is zoned WCCNR1750.
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Lat/Long: 34.074390, -117.926025.
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Broker: Courtesy of First Team Estates
Listing Agent: John Gessford
Co Listing Agent: Justin Miller

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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