Grand Covina Plaza 4 Retail Properties in Covina, CA
INVESTMENT HIGHLIGHTS
- Grocery Anchored Retail Center with Long Term Upside
- Immediate NOI Growth Opportunity Through Lease Up and Below Market Shop Rents
- Highly Dense Trade Area with Abundant Rooftops Surrounding the Property
- Top Performing Stater Bros In The Immediate Trade Area
EXECUTIVE SUMMARY
JLL has been exclusively retained to offer qualified investors the opportunity to acquire Grand Covina Plaza, a 111,975 square foot grocery-anchored retail center in Covina, CA. The Property features Stater Bros. Market, Dollar Tree, KFC, 7-Eleven, O’Reilly Auto Parts, and others. It offers near-term NOI growth through lease-up of 5 vacant suites and repositioning of the dark Walgreens space. With excellent access from Covina and Grand Avenues, ample parking, and family ownership for 20+ years, the center presents significant upside potential due to passive management. The Property’s location in the greater Los Angeles area suggests a strong customer base for retail tenants.
PROPERTY FACTS
| Sale Condition | Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 112,200 SF |
| Total Land Area | 22.90 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1025-1071 N Grand Ave, Covina, CA 91724 | Retail | 56,085 SF | 1956 | - |
| 1001-1023 N Grand Ave, Covina, CA 91724 | Retail | 51,225 SF | 1992 | - |
|
KFC
1057 N Grand Ave, Covina, CA 91724 |
Retail | 1,800 SF | 1956 | - |
|
7-Eleven
1075 N Grand Ave, Covina, CA 91724 |
Retail | 3,090 SF | 1956 | - |
1 of 1
