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Smart & Final extra! in Azusa is situated frontage to E. Foothill Blvd, one of the most heavily traveled thoroughfares in East Los Angeles County and the Inland Empire. The direct proximity to Interstate I-210 makes access to Smart and Final exceptionally convenient. Smart and Final also greatly benefits from being the only grocery store currently within the City of Azusa city limits. Additionally, Smart and Final is located 2 blocks directly to the west of both Azusa Pacific University and Citrus College, with a total student body of 30,000+ full and part time students, and more than 310,000+ residents within a 5-mile radius. The City of Azusa is currently under one of the largest development and redevelopment phases the City has ever experienced, with more than 1245 brand new single family homes (Rosedale Development) and over 400+ brand new Apartments and condominiums under development. The brand new residential developments along with the existing retail and office create a very high barriers to entry market leaving practically no room for other grocery store competition to enter the market.
Investment Highlights
- Long-Term NNN Lease – Smart & Final lease commenced November 2017 with 15 years of initial term and 4-5 year options following with rent increases throughout both the initial term and options to extend
- Corporate lease with Smart and Final Inc, (NYSE: SFS) founded in 1914 in Los Angeles with 323+ stores throughout California, Oregon, Washington, Arizona, Nevada and Idaho and over $4.3B in annual sales
- Smart & Final is one of the most rapidly expanding banners amongst the grocery retailers in the country, with 14 new stores in 2017 and an increase in total sales of 5.3% from prior year
- Located directly off E Foothill Boulevard (35,000+ cars per day) at the signalized corner of N Dalton Avenue in the center of Azusa
- High barriers to entry market – Smart & Final is surrounded by 310,000 residents within a five-mile radius with little room for new retail development minimizing other grocery retail competition to enter the market
- Smart & Final is located two blocks west of Azusa Pacific University which consists of 10,000 students and three blocks from Citrus College with enrollment of 12,600 students
- Several brand new residential developments consisting of more than 400 units are approved within a 5-block radius of Smart & Final which will bring new residents to the immediate area relying on Smart & Final for daily grocery needs
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For Sale
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Contact Information
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Zoning
ATODSP-DED SpecialAzusa Transit Oriented Development Specific Plan Downtown Expansion District
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Sold on
BY:
Kaveh Ebrahimi PRO
•••.•••.7837
•aveh@•••••••••••••.com
Sold on
BY:
Robert Chana
•••.•••.4636
••••••.•hana@••••••••.com
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