Quick-Service Restaurant
10343 Garvey South El Monte, CA 91733
10343 Garvey, South El Monte, CA, 91733
$608,000
For Sale
$608,000
For sale building unit currently operating as a ramen restaurant, with flexibility for coffee/boba or hamburger use.
Property Size742 SF
Price / SF$819.41
Days on Market80
Property Features for 10343 Garvey
General Information
- Standard status
- Active
- Size
- 742 SF
Listing agency
Keller Williams Realty
(408) 616-0705
Listed by
Jeannie Chen · License #DRE #01807554
(408) 616-0705
Source
Exprealty
Added: May 3 Updated: Jul 20 at 4:53PM Checked: Jul 20 at 4:53PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
El Monte Plaza offers a for-sale building unit at 10343 Garvey Ave in South El Monte, California. The unit is currently operating as RAMEN ICHIRAKU Restaurant and totals 742 square feet.
This space can potentially support other quick-service concepts, including a coffee/boba tea station shop or a hamburger store, depending on approval and applicable requirements.
The offering represents a compact food-and-beverage ready unit within El Monte Plaza, suitable for operators looking for an existing restaurant setup with options to pivot to alternative menu concepts.
This space can potentially support other quick-service concepts, including a coffee/boba tea station shop or a hamburger store, depending on approval and applicable requirements.
The offering represents a compact food-and-beverage ready unit within El Monte Plaza, suitable for operators looking for an existing restaurant setup with options to pivot to alternative menu concepts.
Key Highlights
- El Monte Plaza building unit for sale at 10343 Garvey Ave, El Monte, CA
- Approx. 742 sq ft restaurant space currently operating as a ramen restaurant
- Flexible use as a ramen restaurant, coffee/boba tea station, or hamburger store
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $33.84 |
| − Vacancy | −$1.7k | −$2.23 |
| EGI | $23.5k | $31.61 |
| − OpEx | −$5.9k | −$7.90 |
| NOI | $17.6k | $23.70 |
742 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$251.3K
$219.9K – $293.2K
NOI $17,589 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$397.3K
$347.6K – $463.5K
NOI $27,808 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - For sale building unit currently operating as a ramen restaurant, with flexibility for coffee/boba or hamburger use.
Where is this conventional restaurant located?
The property is located at 10343 Garvey South El Monte, CA.
What is the asking price?
The asking price for this property is $608,000.
What are key features of this property?
This property features: El Monte Plaza building unit for sale at 10343 Garvey Ave, El Monte, CA; Approx. 742 sq ft restaurant space currently operating as a ramen restaurant; Flexible use as a ramen restaurant, coffee/boba tea station, or hamburger store
