Restaurant For Sale • 6,532 SF
Value-add retail with significant rental upside and strong fundamentals. Proforma CAP Rate of 8.32% - 53% Rental Upside |
Excellent location on Garvey Ave with high traffic count and high demand for retail spaces; adjacent to San Gabriel and Alhambra |
Extremely rare large ±2.6acre site with C3-MU-DO-DO (Commercial/Mixed-Use) zoning on Garvey Ave |
Excellent Hard Corner location with ±285ft Garvey Ave frontage; Highly visible 1 Pylon sign and 2 monument signs along Garvey Ave |
Highly desirable Single-story construction for ease of maintenance and room to grow; First time for sale since 2006, Close to 20 years ownership! |
Traffic count: ±23,705 CPD and ±77,000 CPD on Garvey Ave and Rosemead Blvd; Zoning C3-MU-DO-DO (Commercial/Mixed-Use) offering multiple re-development |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 7 min | - | 3.1 mi |
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 6.7 mi |
Airport | Drive | Walk | Distance |
Long Beach (Daugherty Field) | 35 min | - | 24.8 mi |
Bob Hope | 34 min | - | 25.6 mi |
Los Angeles International | 40 min | - | 27.2 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 143 |
Type: | Surface |
Included in Rent: | Yes |