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840 E Mission Rd San Gabriel, CA 91776

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For Sale
$2,200,000

Value-add retail center in San Gabriel with upside potential.

Lot size:
0.38 Acres

Property Features for 840 E Mission Rd

General Information

Lot size
0.38 Acres

Building Details

Year built
1960

Source: Keller Williams AH/YL Agent Justin Woo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

San Gabriel Retail Center Opportunity

The property at 840-844 E Mission Rd is a retail center offering value-add potential, situated in San Gabriel. The building has an area of approximately 11,400 square feet and is located on a corner lot. The combined lot size is approximately 16,633 square feet. The property comprises 7 retail units, an apartment, and a storage area. Tenants are currently under modified gross leases with below-market rental rates, presenting an opportunity for immediate upside by converting expiring and month-to-month leases to NNN leases. A large new development with approximately 243 new residential units is under construction one block north of the property. The property is strategically located between the 10 and 210 freeways. A majority of tenants are on month-to-month leases, and longer-term leases include termination clauses that benefit the new buyer.
Insight Report Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Gabriel
County
Los Angeles
State
California
Longitude
-118.0893349
Latitude
34.0901327

FAQs

What type of property is this?
Strip mall - Value-add retail center in San Gabriel with upside potential.
Where is this strip mall located?
The property is located at 840 E Mission Rd San Gabriel, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Value-add retail center with immediate upside potential.; - Strategic location in San Gabriel between the 10 and 210 freeways.; - Corner lot location on two combined lots totaling approximately 16,633 SF.
More about this property
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