Overview
Arcadia Retail Asset For Sale
This stabilized retail asset features a strong tenant mix and is fully leased. The bottom-floor retail space includes established tenants such as 85°C Bakery Café, Mo-Mo Paradise, Ji Rong Peking Duck, and CTBC Bank, attracting consistent daily traffic and serving as well-known anchors in the San Gabriel Valley community. Located in a dense, affluent Arcadia submarket, this property is situated in one of Southern California’s most desirable Asian-American retail corridors, surrounded by high-income households, major shopping centers, and institutions like Methodist Hospital and Santa Anita Mall. The property generates strong in-place cash flow with rental upside, featuring a current base rent of approximately $61,845 per month ($742,144 per year) and a reported gross income of over $80,000 per month. Lease escalations across the board (3–12% increases) provide built-in NOI growth, and many tenants have renewal options extending 10–15 years. The diverse tenant uses with synergistic draw include F&B (hot pot, bakery, Taiwanese deli), dental, dance studio, and financial services, offering a balanced mix that minimizes use overlap and vacancy risk. New leases signed in 2023–2024 with escalating rent structures demonstrate the property's ongoing appeal to quality operators in a competitive market. Located near the Metro Gold Line and walkable to residential communities, the property offers convenient access to the 210 Freeway and key business corridors. The property is strategically located on Duarte Road just east of Santa Anita Avenue, benefiting from strong street visibility, walkable access, and proximity to the 210 Freeway, making it easily accessible from surrounding communities like Monrovia, Pasadena, Temple City, and San Marino. The site is just minutes from Westfield Santa Anita Mall, Methodist Hospital, and the Metro Gold Line Station, which drives daily foot traffic and supports a thriving mix of retail, medical, and office uses. The location offers excellent long-term positioning for tenants and investors alike.
