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Monrovia Retail/Restaurant/Office Space Available
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102 S Myrtle Ave, Monrovia, CA 91016

Rare, newer 2nd generation space in downtown Monrovia.

Space Size2,232 SF
Days on Market147

Property Features for 102 S Myrtle Ave

General Information

Standard status Active
Size 2,232 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 102 S Myrtle Ave Contact us

Available Space

Size
2,232 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lee & Associates - Pasadena
Listed By: Dan Bacani · License #CA 01385413
Source: Crexi
Added: Mar 19 Changed: Aug 8 Last Checked: Aug 11 at 6:35PM

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 Lee & Associates - Pasadena

Investment Insights

Based on property information with market context.

A newer, second-generation coffee/tea shop space is available for lease in downtown Monrovia, California. The space is located in a shopping center that features an exceptional parking ratio. Potential uses include medical offices, various types of retail, and full-service restaurants. The property includes an outdoor patio, the area of which is not included in the rentable square footage. The corner suite offers excellent visibility in Old Town Monrovia. The end-cap location provides signage potential in three directions along two commercial corridors. The property is located across from a 93,390 square foot Vons-anchored community center that formerly saw an average of 40,793 grocery store customer visits per week, according to the shopping center's previous owner.

Key Highlights

  • Rare, newer 2nd generation coffee/tea shop space.
  • Excellent visibility from a corner suite in Old Town Monrovia.
  • End‑cap location with signage potential in three directions.

Property Analytics

Current Use

Starbucks Restaurant

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cosmetic Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,213
Businesses Nearby
185k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Groceries 14% Shops & Services 11% Home Improvements & Furnishings 4%
McDonald's Dining
32,109 visits/mo 0.5 miles
Starbucks Dining
28,735 visits/mo 0.3 miles
Sprouts Farmers Market Groceries
26,631 visits/mo 0.4 miles
Jack in the Box Dining
14,601 visits/mo 0.3 miles
Taco Bell Dining
12,798 visits/mo 0.2 miles

Demographics for 91016, CA

41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Tpumps 510 S Myrtle Ave, Monrovia, CA 91016
  • Sharetea Monrovia 506 S Myrtle Ave, Monrovia, CA 91016
  • Cup Of Cha Tea House 521 S Myrtle Ave, Monrovia, CA 91016
  • Cold Stone Creamery 408 S Myrtle Ave, Monrovia, CA 91016
  • Mamma's Juicery 706 S Myrtle Ave, Monrovia, CA 91016

Frequently Asked Questions

What type of property is this?
Coffee shop - Rare, newer 2nd generation space in downtown Monrovia.
Where is this coffee shop located?
The property is located at 102 S Myrtle Ave Monrovia, CA.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: Rare, newer 2nd generation coffee/tea shop space.; Excellent visibility from a corner suite in Old Town Monrovia.; End‑cap location with signage potential in three directions.
(626) 242-7790 Call to check price and availability
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