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    928 Monrovia, CA 91016

    For Sale
    Contact for pricing

    9,050 sq ft retail space in prime location

    Property size:
    9,050 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 9,050 square foot retail space, located at 928 W Huntington Dr in Monrovia, CA, presents a unique leasing opportunity. Previously a Red Lobster restaurant within the Holiday Inn Monrovia, this property offers excellent visibility and convenient access to the 210 and 605 freeways. The large, open floor plan is adaptable to various commercial uses, including restaurants and retail outlets. The property benefits from abundant on-site parking within the Holiday Inn complex, ensuring easy access for customers and employees. Existing restaurant infrastructure, including a commercial kitchen, dining area, and bar, is in place, potentially reducing initial setup costs. Situated on a 2.19-acre lot, this property boasts prominent signage opportunities within a high-traffic area, maximizing visibility and attracting significant foot and vehicle traffic. This location offers a strong foundation for a successful business venture, combining convenient access, ample parking, and existing infrastructure in a bustling Monrovia commercial area. The property's history as a successful restaurant provides a proven track record for potential tenants. This is a prime opportunity to establish a business in a high-profile location.

    Property Features for 928

    General Information

    Property type
    Retail properties
    Square Feet
    9,050 SF
    Lot Size
    95,396 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0012
    Latitude
    34.1411

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    FAQs

    What type of property is this?
    Retail property - 9,050 sq ft retail space in prime location
    Where is this retail property located?
    The property is located at 928 Monrovia, CA.
    (626) 566-2221
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    928 Monrovia, CA 91016
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