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    Monterey Park Retail/Restaurant Space Title is generated by Realmo AI

    500 N Atlantic Boulevard, Monterey Park, CA 91754

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    For Lease
    $5,070/Mo $60 SF/Yr (calc)

    Commercial Lease - Monterey Park, CA

    Property size:
    1,014 SF
    Added:
    Apr 13, 2026
    Days on Market:
    47
    Last Refresh:
    May 29 at 10:06 pm

    Property Features for 500 N Atlantic Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    5256017023
    Size
    1,014 SF

    Building Details

    Year built
    2010
    Architectural style
    Other

    We can help!

    Listing Contact
    Shumei Kam

    Listing agent Shumei Kam License #00798181

    Listing office High Ten Partners, Inc. 1611 S. Garfield Ave., Alhambra, CA

    Listing date Apr 13, 2026

    MLS# AR26079589 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location within Atlantic Times Square, near AMC Theatres and Atlantic Boulevard, ensuring strong customer exposure.
    • Part of a premier mixed‑use destination with notable anchor tenants (AMC Theatres, Daiso Japan, 24 Hour Fitness) driving high foot traffic.
    • Includes a front service counter, designated kitchen area with sinks and ample counter space, and room for small table seating.
    • Benefits from approximately 210 on‑site upscale residential condominiums, providing a consistent customer base.
    • Enhanced by neighboring hospitality destinations (Courtyard by Marriott, Holiday Inn & Suites).
    • Offers ample parking, 24‑hour security, and professional on‑site management.

    Overview

    An exceptional leasing opportunity is available at Atlantic Times Square in Monterey Park. The space, Unit 121, is located near AMC Theatres and Atlantic Boulevard, offering visibility and customer exposure. The property is configured with a front service counter and a designated kitchen area equipped with sinks and ample counter space. There is also room for small table seating. Atlantic Times Square is known for its blend of retail, dining, and entertainment. Anchor tenants include AMC Theatres, Daiso Japan, and 24 Hour Fitness. The property is enhanced by approximately 210 upscale residential condominiums on-site, ensuring a customer base throughout the day. Additional exposure is driven by neighboring hospitality destinations, including the Courtyard by Marriott Los Angeles Monterey Park and the Holiday Inn & Suites Monterey Park Los Angeles. This location offers ample parking, 24-hour security, and professional on-site management. The property is suitable for restaurants and retail space. The space is 1014 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Personal Touch Lingerie (Bike/Boat/Book/etc) Store ARITAUM Cosmetic Store Atlantic Animal Hospital Veterinary Clinic eCosway Cosmetic Store Pandora Beauty Cosmetic Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.1346049
    Latitude
    34.0562093

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    FAQs

    What type of property is this?
    Restaurant - Prime location in Atlantic Times Square near AMC Theatres.
    Where is this restaurant located?
    The property is located at 500 N Atlantic Boulevard Monterey Park, CA.
    What is the lease rate?
    The lease rate is $5,070 /Mo.
    What are key features of this property?
    This property features: High‑visibility location within Atlantic Times Square, near AMC Theatres and Atlantic Boulevard, ensuring strong customer exposure.; Part of a premier mixed‑use destination with notable anchor tenants (AMC Theatres, Daiso Japan, 24 Hour Fitness) driving high foot traffic.; Includes a front service counter, designated kitchen area with sinks and ample counter space, and room for small table seating.
    (626) 202-6446
    We can help!
    Listing Contact
    Shumei Kam
    Real Estate License ID: 00798181
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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