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2079 Bonita Avenue
La Verne, CA 91750

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Property Details


List Price: $4,475,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Wright Associated

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Description/Comments


Lot Size: --
Property Type: Commercial
Year Built: 1954
Notes: The Wright Associated Companies is pleased to offer this NNN leased investment with a starting CAP rate of 5.5% and annual escalations. This is a 34,934 square foot premier corner lot with a beautiful 10,166 square foot fully occupied mixed use retail building, stand alone ATM Kiosk, garden area, covered grill, outdoor patio areas and a 53 space parking lot, all located adjacent to the University of La Verne at the gateway to the city's Old Town. There is a possibility for additional development at this site, established in the heart of downtown La Verne, the D Street Square connects La Verne's agricultural roots with a vibrant and centrally located mixed-use building. The D Street Square is a lively destination space offering restaurant, retail, and executive office space. Paying tribute to La Verne's rich history in the citrus growing and packing industry, the building's exterior showcases an iconic brick architecture while the rustic interior explores the line between elegant open space design and a vintage industrial/manufacturing era feel.


Listing Provided By: Wright Associated, original listing
Office Phone: (626) 610-1309
Agent Name: THOMAS GIBSON


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