South Gate Retail Space
For Sale
Contact for pricing
12132-12222 Garfield Ave, South Gate, CA
Retail, medical, or office space for rent in South Gate.
Property Size8,929 SF
Lot Size1.37 Acres
Price / SF$399.06
Days on Market264
Property Features for 12132-12222 Garfield Ave
General Information
Standard status
Active
Size
8,929 SF
Lot size
1.37 Acres
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 12132-12222 Garfield Ave Contact us- Floor
- 1
- Size
- 2,100 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
12132-12222 Garfield Ave
Storefront / ground floor retail, medical, or office use.
Contact us
- Floor
- 1
- Size
- 8,929 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
12132-12222 Garfield Ave
Storefront / ground floor retail, medical, or office use.
Contact us
Listing Agency:
Lee & Associates - Torrance
(310) 965-1754
Listed By:
Tom Torabi · License #00936845
(310) 965-1754
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Aug 8
Last Checked: Aug 14 at 9:18AM
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 Lee & Associates - Torrance
Investment Insights
Based on property information with market context.
This property offers storefront and ground floor space suitable for retail, medical, or office use. The property provides 8929 square feet of space and is located in South Gate, CA.
Key Highlights
- Storefront / ground floor location
- Suitable for retail, medical, or office use
- Adaptable to multiple business types
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
$197,550
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
5.54%
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%
$3,951,000
$4.0M
Cap Rate 7%
$2,822,143
$2.8M
Cap Rate 9%
$2,195,000
$2.2M
Market Conditions
NOI Build-Up for 8,929 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
$302.2K $33.84/SF
− Vacancy
−$19.9K −$2.23/SF
EGI
$282.2K $31.61/SF
− OpEx
−$84.7K −$9.48/SF
NOI
$197.6K $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%
$3,951,000
Cap Rate 7%
$2,822,143
Cap Rate 9%
$2,195,000
Alternative Uses
Best Use
Retail
$2.82M
$2.47M – $3.29M
NOI $197,550 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.78M
$4.18M – $5.58M
NOI $334,639 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 23%
7-Eleven
Shops & Services
11,627 visits/mo
0.1 miles
ARCO
Shops & Services
6,192 visits/mo
0.1 miles
Taco Bell
Dining
5,742 visits/mo
0.1 miles
BMO Harris Bank
Shops & Services
969 visits/mo
0.0 miles
StorAmerica Self Storage
Shops & Services
894 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail, medical, or office space for rent in South Gate.
Where is this retail space located?
The property is located at 12132-12222 Garfield Ave South Gate, CA.
What is the asking price?
The asking price for this property is $3,563,215.
What are key features of this property?
This property features: Storefront / ground floor location; Suitable for retail, medical, or office use; Adaptable to multiple business types
