El Monte Land For
11400 Garvey Ave El Monte, CA
For Sale
Contact for pricing
22,510 SF land, currently Apollo Auto, NNN lease.
Property Size22,510 SF
Lot Size0.52 Acres
Price / SF$143.94
Days on Market522
Property Features for 11400 Garvey Ave
General Information
- Standard status
- Active
- Size
- 22,510 SF
- Lot size
- 0.52 Acres
- Property subtype
- LAND
Listing Agency:
CBRE
(714) 922-5916
Listed By:
Justin Marlowe · License #01992131
(714) 922-5916
Source:
Moodyscre
Added: Feb 20, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:03AM
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 CBRE
Investment Insights
Based on property information with market context.
This property features 22,510 square feet of land. It is currently occupied by Apollo Auto under a NNN lease. The property is adjacent to a residential development.
Key Highlights
- 22,510 SF of Land
- NNN Lease
- Currently Apollo Auto
Financial Insights For Industrial
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 | $426.8k | $18.96 |
| − Vacancy | −$27.3k | −$1.21 |
| EGI | $399.5k | $17.75 |
| − OpEx | −$119.8k | −$5.32 |
| NOI | $279.6k | $12.42 |
22,510 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$8.13M
$7.11M – $9.48M
NOI $568,984 @ 7.0% cap · market cap 17.56%
Second Best
Industrial
$3.99M
$3.50M – $4.66M
NOI $279,633 @ 7.0% cap · market cap 8.63%
Theoretical Best
Multifamily LT 5
$427.73M
$374.26M – $499.02M
NOI $29,941,066 @ 7.0% cap · market cap 924.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apollo Auto
Car Dealership
Similar Off Market Nearby
- Budget — 2858 Santa Anita Ave, El Monte, CA 91733
- U-Haul Neighborhood Dealer — 2019 Santa Anita Ave, South El Monte, CA 91733
- Propane Refill at U-Haul — 10704-28 Garvey Ave, El Monte, CA 91733
- U-Box at U-Haul — 10704-28 Garvey Ave, El Monte, CA 91733
- U-Haul Neighborhood Dealer — 2822 Durfee Ave, El Monte, CA 91732
FAQs
What type of property is this?
Automotive property - 22,510 SF land, currently Apollo Auto, NNN lease.
Where is this automotive property located?
The property is located at 11400 Garvey Ave El Monte, CA.
What is the asking price?
The asking price for this property is $3,240,000.
What are key features of this property?
This property features: 22,510 SF of Land; NNN Lease; Currently Apollo Auto
