A Premium Multi-Tenant Triple Net-Leased Investment Anchored by Charles Schwab (Lease through 2030 + 15 Years of Options) | Featuring Major Capital Upgrades, Immediate Sale-Leaseback Upside, and 100-Foot Frontage in Downtown Arcadia.
INVESTMENT HIGHLIGHTS
- Institutional Anchor Tenant: Anchored by Charles Schwab & Co., Inc. (Fitch Credit Rating “A”), a nationally recognized multinational financial services corporation. Schwab occupies approximately 86% of the property.
- Secure Triple Net Lease Structure: The primary tenant is secured by a Triple Net Lease running through 2030, featuring three (3) 5-year renewal options (up to Year 2045) with 10% rent escalations/renewal.
- Immediate Sale-Leaseback Upside: The remaining ±14% of the building footprint consists of an owner-occupied industrial garage. The owner will execute a 2-year NNN Lease (with two 2-year renewal options) at the close of escrow, immediately stabilizing the asset for additional income.
- Elite Demographics: Located in a highly affluent trade area with an Average Household Income of $156,729 within a one-mile radius.
- Exceptional Visibility & Traffic: Boasts ±100 feet of premium frontage along historic Huntington Drive (Route 66), capturing a daily traffic count of approximately 28,000 vehicles.
- Surrounded by High-Density Growth: Strategically positioned amidst a massive wave of high-end commercial and residential development, including the Hilton Arcadia, North Village (130 condos/commercial units), Alexan Mixed-Use, Arcadia Town Center, 325 N Santa Anita, and 57 Wheeler.
PROPERTY HIGHLIGHTS:
- Class A Location & Curb Appeal: A striking asset with superb curb appeal, offering excellent access to an established, affluent customer base in the heart of Downtown Arcadia.
- Major CAPEX Completed: The property underwent a complete modernization in 2018–2019, including upgraded electrical panels and subpanels, brand-new HVAC systems, and over $1 million in tenant improvements funded by Schwab. The roof was completely rebuilt in 2013–2014.
- Minimal Landlord Responsibilities: Favorable multi-tenant NNN/Net lease structures limit operational exposure for the investor.
- Versatile Industrial Component: The separate ±14% warehouse/garage structure features 14-foot height clearance, three roll-up doors, and a dedicated electricity meter.
- Ample On-Site Parking: A large, easily accessible lot featuring 16 parking spaces, including dedicated disabled parking and an ADA-compliant ramp.
- Favorable Zoning (C2/CBD): Situated within the Central Business District (CBD), the C2 zoning accommodates a wide range of retail, office, and high-density mixed-use commercial/residential developments.
EXECUTIVE SUMMARY
Growth Investment Group California is proud to present 134 E Huntington Dr, Arcadia—a premium, single-story commercial asset featuring over 100 feet of highly visible frontage along Huntington Drive in Downtown Arcadia. Anchored by Charles Schwab & Co., Inc., an "A" Fitch-rated multinational financial services corporation, the property operates under a secure Net Lease structure established in 2019. Schwab utilizes the space as a retail securities brokerage, banking, and financial services center catering to the affluent West San Gabriel Valley demographic. The current lease extends through 2030 and includes three 5-year renewal options, each featuring a 10% rent escalation.
The property encompasses approximately 6,492 square feet of building area on a ±14,840-square-foot lot, efficiently divided between high-end professional retail space and a versatile industrial garage component. Originally constructed in 1939, the asset was thoroughly modernized in 2018–2019. Upgrades included new electrical panels, a new HVAC system, and over $1 million in tenant improvements paid directly by Schwab. The roof was previously rebuilt in 2014. It has a ±100ft frontage right on Huntington Dr/Route 66, with superb visibility and excellent traffic count of ±28k Cars per day.
Schwab currently occupies ±86% of the footprint, featuring high-end, modernized finishes. The remaining ±14% consists of a detached industrial structure currently utilized by the owner for car storage. This space features a 16-foot height clearance, three roll-up doors, a hydraulic lift, and a separate utility meter. To provide immediate stabilization and additional income for the buyer, the owner will execute a 2-year NNN Lease upon the close of escrow, complete with two 2-year renewal options. It has a total of 16 parking spaces including the disabled parking, and ADA ramp.
Situated along East Huntington Drive, the property benefits from its location within Arcadia's affluent community shown by its strong demographics of $156,729 AHH income within a-mile radius, and many new high-end commercial/mixed-use/residential new developments in the area. The area is experiencing massive growth with many high-end commercial/retail/hotel/residential new developments, such as Hilton Arcadia, Le Meridien Hotel, North Village (2nd St) – Mixed-use Retail/130 condominiums for sale, 325 N Santa Anita (7-8 story mixed-use – 359 residential units), Alexan Mixed Use (7-story multi-family, 319 units), Arcadia Town Center (5-story mixed-use), and 57 Wheeler Ave (Mixed-use 38 condominiums).
Zoned C2 within the Arcadia Central Business District, the property is uniquely positioned for long-term value appreciation. The site allows for a wide array of retail and professional uses, as well as high-density mixed-use commercial and residential redevelopment: such as Hilton Arcadia, Le Meridien Hotel, North Village (2nd St) – Mixed-use Retail/130 condominiums for sale, 325 N Santa Anita (7-8 story mixed-use – 359 residential units), Alexan Mixed Use (7-story multi-family, 319 units), Arcadia Town Center (5-story mixed-use), and 57 Wheeler Ave (Mixed-use 38 condominiums). Supported by ample on-site parking, an established institutional tenant, and immediate sale-leaseback upside, this offering presents a rare opportunity to acquire a generational asset in one of the San Gabriel Valley's most coveted markets.
ZONING & ALLOWABLE USES (C2 / Central Business District)
By-Right Permitted Uses (P)
- General Retail & Service Commercial: Retail shops, specialty food stores, pharmacies, apparel, bookshops, dry cleaners (drop-off/pickup), and personal services (barbershops, salons).
- Medical / Dental Clinics & Offices: Outpatient health care, doctors, dentists, opticians, and allied health professionals.
- Restaurants & Food Service: Cafes, standard sit-down dining, outdoor dining (up to 12 tables typically administrative; larger patios may require minor review), and bakeries.
- Administrative, Professional, and Financial Offices: Banks, credit unions, investment brokerage firms, architectural/engineering, accounting, legal, and general business services.
- Commercial Parking / Structured Facilities: Ground-level or structured parking serving downtown commercial uses.
Conditionally Permitted Uses (CUP / MUP Required)
- Vertical Mixed-Use Residential: Multi-family residential units developed above ground-floor commercial or integrated adjacent behind ground-floor commercial (stand-alone ground-floor street-front residential is prohibited along primary downtown commercial frontages).
- Alcohol Sales & Nightlife: Full liquor licenses (ABC Type 47/48), bars, cocktail lounges, and late-night restaurant entertainment past standard operating hours.
- Entertainment & Assembly: Health/fitness centers, gyms, dance/martial arts/yoga studios, commercial entertainment, and auditoriums.
- Hotels / Lodging: Boutique hotels and visitor accommodations subject to site and operational approvals.
LOCATION AMENITIES AND ACCESS
Situated centrally in the heart of Arcadia, the property benefits from an exceptional demographic profile and immediate proximity to major regional demand drivers. The site is minutes from The Shops at Santa Anita—a premier regional indoor shopping destination featuring national retailers such as Nordstrom, Macy’s, JC Penney, and Forever 21—and Santa Anita Park, a historic thoroughbred racetrack that hosts some of the most prominent racing events in the U.S. during the winter and spring seasons.
The property enjoys superb transit connectivity with direct access to the 210 Freeway, seamlessly linking to the 605 and 134 Freeways. Arcadia itself is a highly prestigious, internationally recognized market, famously profiled as the "Chinese Beverly Hills" by the Los Angeles Times due to its immense draw for foreign capital and its thriving, high-end residential real estate sector. Furthermore, the property sits within the boundaries of the prestigious Arcadia Unified School District, which routinely ranks among the highest-performing districts in Los Angeles County, further driving long-term residential and commercial demand in the immediate vicinity.