3534 Peck Rd El Monte, CA 91731
New 125,974 SF Target store on 8.31 acres.
Source:
Nmrk
Listing Agent: Bill Bauman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New Single Tenant Target Store
Located in the dynamic El Monte submarket of Los Angeles, this property features a new single-tenant, full-sized Target store. The store, spanning 125,974 square feet, is situated on approximately 8.31 acres of land. Target has executed a new 15-year lease, which includes 10% increases every five years, along with four five-year options to extend the lease. The new state-of-the-art Target facility opened on October 13, 2024. El Monte, positioned about 12 miles from Downtown Los Angeles at the intersection of Interstates 10 and 605, serves as the hub of the San Gabriel Valley. The area benefits from a dense and diverse consumer base and daytime population. The submarket demonstrates strong demographics, including 221,887 residents within a 3-mile radius with an average household income exceeding $96,000, and over 537,000 residents within a 5-mile radius with an average household income of $105,000. The property is adjacent to Longo Lexus and Longo Toyota, the #1 volume & sales auto dealership in the United States. Other retailers in El Monte Center include Planet Fitness, Wendy’s, Yoshinoya, and three pending national drive-thru tenants.
Location Intelligence
Current Use by Public Records
ATM
Atm
PEC HVAC Care
Hvac Contractor
Penske Motor Group
Car Dealer
Toyota Parts
Auto Parts Store
Longo Toyota
Toyota Dealer
Similar Places Nearby
Candys Florist, Monica's Flower Shop, Wilkie's Florist, EL Monte Flower Delivery, Botanicals by Blossom
Location Insight
- Map
- Local Demand
- City
- El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.0202305
- Latitude
- 34.0706234
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - New 125,974 SF Target store on 8.31 acres.
Where is this storefront property located?
The property is located at 3534 Peck Rd El Monte, CA.
What are key features of this property?
This property features: - New 15-year NNN lease with Target, featuring 10% rent increases every five years and four five-year extension options.; - Brand new, state-of-the-art 125,974 square foot Target store opened in October 2024.; - Located in the densely populated and high-income El Monte submarket of Los Angeles.