12-Unit Shopping Center
For Sale
$3,600,000
100 N 2nd, La Puente, CA 91744
Twelve-unit shopping center/plaza with building space and stated potential to expand up to 38 units pending City approval.
Property Size10,782 SF
Lot Size0.84 Acres
Price / SF$333.89
Days on Market135
Property Features for 100 N 2nd
General Information
Standard status
Active
Size
10,782 SF
Lot size
0.84 Acres
Property subtype
Retail
Building Details
Building Size
10,782 SF
Year Built
1955
Tenancy
Multi
Listing Agency:
TRT CAPITAL
Listed By:
Arturo Aleman · License #01152324
(626) 890-9783
Source:
Archetyperealty
Added: Jun 8
Changed: Oct 7
Last Checked: Oct 19 at 2:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRT CAPITAL
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Investment Insights
Based on property information with market context.
This for-sale property is a 12-unit shopping center/plaza configured on a 36,630 square foot site with 10,782 square feet of building space. The offering is presented as having both current income potential and the possibility for additional development.
The property is located in La Puente, next to City Hall, in the heart of the community, with additional nearby development mentioned in the remarks. BikeScore is listed as 44 (Somewhat Bikeable) and WalkScore as 69 (Somewhat Walkable).
The remarks also indicate potential to build up to 38 units; buyers are directed to contact the City of La Puente for verification and development requirements.
The property is located in La Puente, next to City Hall, in the heart of the community, with additional nearby development mentioned in the remarks. BikeScore is listed as 44 (Somewhat Bikeable) and WalkScore as 69 (Somewhat Walkable).
The remarks also indicate potential to build up to 38 units; buyers are directed to contact the City of La Puente for verification and development requirements.
Key Highlights
- 12‑unit shopping center/plaza on a 36,630 sq. ft. site
- Includes 10,782 sq. ft. of building space
- Stated potential to build up to 38 units, pending City of La Puente approval and requirements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$238,547
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,770,940
$4.8M
Cap Rate 7%
$3,407,814
$3.4M
Cap Rate 9%
$2,650,522
$2.7M
Market Conditions
NOI Build-Up for 10,782 SF
Gross rent
$364.9K $33.84/SF
− Vacancy
−$24.1K −$2.23/SF
EGI
$340.8K $31.61/SF
− OpEx
−$102.2K −$9.48/SF
NOI
$238.5K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,770,940
Cap Rate 7%
$3,407,814
Cap Rate 9%
$2,650,522
Alternative Uses
Best Use
Retail
$3.41M
$2.98M – $3.98M
NOI $238,547 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.77M
$5.05M – $6.73M
NOI $404,085 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
139k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Dining 34%
Shops & Services 26%
Superior Grocers
Groceries
47,471 visits/mo
0.4 miles
Starbucks
Dining
25,082 visits/mo
0.3 miles
Bank of America
Shops & Services
14,269 visits/mo
0.3 miles
Wells Fargo
Shops & Services
9,212 visits/mo
0.3 miles
Carl's Jr.
Dining
8,439 visits/mo
0.3 miles
Demographics for 91744, CA
81,817
Population
18,852
Households
4.3
Avg Household Size
36
Median Age
13%
College-Educated
68%
High-School Grad
8.7 sq mi
ZIP Area
9,404
Density / Sq Mi
$92,624
Median Household Income
$35,355
Median Earnings
$1,873
Median Rent
$585,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Twelve-unit shopping center/plaza with building space and stated potential to expand up to 38 units pending City approval.
Where is this shopping center located?
The property is located at 100 N 2nd La Puente, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 12‑unit shopping center/plaza on a 36,630 sq. ft. site; Includes 10,782 sq. ft. of building space; Stated potential to build up to 38 units, pending City of La Puente approval and requirements
