Vacant Retail Storefront
For Sale
$1,350,000
113 Las Tunas, San Gabriel, CA 91776
Retail building with two flexible storefronts and recently serviced HVAC, delivered fully vacant for owner-users or investors.
Property Size2,720 SF
Price / SF$496.32
Days on Market68
Property Features for 113 Las Tunas
General Information
Standard status
Active
Size
2,720 SF
Property subtype
Retail
Building Details
Year Built
1948
Listing Agency:
McIntire Real Estate Inc.
(818) 618-7990
Listed By:
Joshua McIntire
Source:
Xome
Added: May 31
Changed: Jul 10
Last Checked: Aug 6 at 7:53AM
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 McIntire Real Estate Inc.
Investment Insights
Based on property information with market context.
11 3 E. Las Tunas Drive is a retail building delivered fully vacant and configured as two separate storefronts. The space is roughly 1,360 SF and 1,200 SF, with the option to operate as two distinct uses or combine into a single larger retail footprint. The building has benefited from a recent new roof and HVAC servicing, providing an immediately usable canvas for an owner-operator.
The property is positioned on the established San Gabriel storefront corridor along E. Las Tunas Drive. It is located two doors from 121-123 E. Las Tunas, which may support a contiguous-frontage assemblage for qualified buyers looking to expand retail presence.
For tenants and buyers, the primary value is flexibility. Because the building is already vacant, it can be suited quickly for an owner-user retail concept or for parties seeking to control both storefronts under one ownership structure. The two-storefront layout also supports a scenario where one suite can be leased while the other is occupied, subject to buyer and operating preferences.
The property is positioned on the established San Gabriel storefront corridor along E. Las Tunas Drive. It is located two doors from 121-123 E. Las Tunas, which may support a contiguous-frontage assemblage for qualified buyers looking to expand retail presence.
For tenants and buyers, the primary value is flexibility. Because the building is already vacant, it can be suited quickly for an owner-user retail concept or for parties seeking to control both storefronts under one ownership structure. The two-storefront layout also supports a scenario where one suite can be leased while the other is occupied, subject to buyer and operating preferences.
Key Highlights
- Retail building totaling approximately 2,720 SF, delivered fully vacant
- Configured as two storefronts of approximately 1,360 SF and 1,200 SF; can be combined or used separately
- Recently new roof and HVAC servicing
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,179
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,203,580
$1.2M
Cap Rate 7%
$859,700
$859.7K
Cap Rate 9%
$668,656
$668.7K
Market Conditions
NOI Build-Up for 2,720 SF
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.
Gross rent
$92.0K $33.84/SF
− Vacancy
−$6.1K −$2.23/SF
EGI
$86.0K $31.61/SF
− OpEx
−$25.8K −$9.48/SF
NOI
$60.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,203,580
Cap Rate 7%
$859,700
Cap Rate 9%
$668,656
Alternative Uses
Best Use
Retail
$859.7K
$752.2K – $1.00M
NOI $60,179 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,939 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
95k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 46%
Yogurtland
Dining
11,733 visits/mo
0.3 miles
Bank of America
Shops & Services
11,492 visits/mo
0.4 miles
Boiling Point
Dining
11,321 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,254 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
9,143 visits/mo
0.3 miles
Demographics for 91776, CA
38,031
Population
12,806
Households
3
Avg Household Size
42
Median Age
29%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
11,525
Density / Sq Mi
$79,926
Median Household Income
$37,548
Median Earnings
$1,825
Median Rent
$816,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail building with two flexible storefronts and recently serviced HVAC, delivered fully vacant for owner-users or investors.
Where is this storefront property located?
The property is located at 113 Las Tunas San Gabriel, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Retail building totaling approximately 2,720 SF, delivered fully vacant; Configured as two storefronts of approximately 1,360 SF and 1,200 SF; can be combined or used separately; Recently new roof and HVAC servicing
