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9010 Garvey Ave
Rosemead, CA 91770

$15,250,000 USD

Restaurant For Sale  •  6,532 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 44,805 SF
  • Lot Size 2.6 AC
  • Building Class C
  • Year Built 1986
  • Tenancy Multiple
  • Zoning C3-MU
45 Transit Score
69 Walk Score

Highlights

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

Property Flyers

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
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
AirportDriveWalkDistance
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 Details

Parking Available: Yes
Reserved: No
Spaces Provided: 143
Type: Surface
Included in Rent: Yes
Han Widjaja-Chen 626-594-4900 Growth Investment Group California
Han Widjaja-Chen 626-594-4900 Growth Investment Group California