Lee & Associates Pasadena is pleased to announce the exclusive offering of Barranca Place, a ±25,923 square foot, four story, multi tenant commercial building situated on a prime signalized corner at 599 S. Barranca Avenue in Covina, California. Offered at $6,888,000, the property is approximately 97% leased to a diverse roster of medical, professional, and service tenants and delivers an in place NOI of $462,764, a 6.72% going in cap rate at just $265.71 per square foot.

The asset combines durable current income with clear near term upside. Roughly eight suites are on holdover or month to month terms and one suite is available for lease, allowing a new owner to drive NOI growth by marking rents to market without capital intensive repositioning. Flexible Commercial Professional zoning accommodates office, medical, dental, clinic, and select retail uses, broadening the tenant pool and supporting strong leasing velocity (please confirm zoning and specific use with city).

Positioned at the corner of Barranca Avenue and Rowland Street with ±29,196 cars per day, the property offers excellent visibility, building signage, and convenient I 10 access, minutes from Eastland Shopping Center, IKEA, Downtown Covina, and Emanate Inter Community Hospital. With elevator service, subterranean and surface parking, and pride of ownership throughout, Barranca Place represents a rare San Gabriel Valley opportunity for both investors and owner users.