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420 W Rowland St
Covina, CA 91723 Downtown Covina

$42,867,789

Medical For Sale  •  62,969 Sq Ft

Property Details

  • Property Type Medical
  • Total Building Size 62,969 Sq Ft
  • Lot Size 4.95 ac
  • Building Class B
  • Year Built 1989
  • Tenancy Single
  • Zoning CVCP
41 Transit Score
61 Walk Score

Description

The Property consists of 4.95 acres and a two-story, 62,969-square-foot medical office that was built in 1962 and 1989 for the exact specifications of the Tenant. The Property was recently completely renovated and the facilities were modernized with a substantial investment from the Tenant.

In Association With: Susan Harris - California Broker #01291642

Highlights

Historic Operator
Dominant Regional Practice
Outstanding Parent Credit
Low Rents
Long-Term, Passive Lease with Rental Increases
Top MSA

Property Flyers

Financial Summary (Actual)

Net Operating Income: $2,036,220 (2018)

Public Transportation

Commuter RailDriveWalkDistance
Covina Commuter Rail (San Bernardino Line) 5 min - 1.5 mi
Baldwin Park Commuter Rail (San Bernardino Line) 9 min - 4.1 mi
AirportDriveWalkDistance
Ontario International Airport 28 min - 19.5 mi
Long Beach-Daugherty Field Airport 41 min - 30.0 mi
Bob Hope Airport 47 min - 35.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 424
Type: Surface
Included in Rent: Yes
Scott Briggs 918-794-9787 Stan Johnson Company
Scott Briggs 918-794-9787 Stan Johnson Company