Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11418 Garvey Ave El Monte, CA 91732

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding building in high-visibility location, ideal for retail/office.

    Lot size:
    0.11 Acres

    Property Features for 11418 Garvey Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.11 Acres

    Building Details

    Year built
    1973

    We can help!

    Listing Contact
    Magdalena Aguilar
    Magdalena Aguilar
    Source: Elliman

    Listing Agency: KELLER WILLIAMS PREMIER PROPER Listing Agent: Magdalena Aguilar

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

    Learn more

    Overview

    El Monte Freestanding Retail Building

    This freestanding building in El Monte offers 1,462 square feet of gross leasable area. The versatile space is suitable for retail businesses or companies seeking an open floor plan. The property includes an electric sign and upgraded electrical systems. Two office spaces at the back of the building provide privacy for administrative tasks. The property also features two restrooms. A new HVAC system is in place, and new windows will be installed. Located in a high-traffic area, the building offers visibility. Trash service is included in the lease. This space is suitable for a retail store, boutique, salon, tax preparer, or small office.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    El Monte
    County
    Los Angeles
    State
    California
    Longitude
    -118.028938
    Latitude
    34.062782

    Nearby Similar for Lease

    • $2,500 /Mo
      1,462 SF

      El Monte Commercial Lease Opportunity

      Freestanding building in high-visibility location, ideal for retail or office.
      11418 Garvey Ave, El Monte, CA 91732
      View Details
    • $5,500 /Mo
      2,403 SF

      Mixed-Use Property in El Monte

      Mixed-use property with commercial and residential units for lease.
      3831 Arden Dr, El Monte, CA 91731
      View Details
    • $500 /Mo
      160 SF

      El Monte Professional Office Spaces

      Well-maintained office building with flexible lease terms and ample parking.
      10501 Valley Blvd, El Monte, CA 91731
      View Details
    • $4,800 /Mo

      Corner Unit Ideal for Restaurant

      End cap unit suitable for restaurant, retail, or office.
      11306 Lower Azusa Rd, El Monte, CA 91732
      View Details
    • $500 /Mo

      Professional Building Office Spaces Available

      Private office and warehouse spaces in a convenient location.
      10501 Valley Blvd, El Monte, CA 91731
      View Details
    • $1,228 /Mo

      Professional Office Space Available

      Office spaces in prime San Gabriel Valley location for rent.
      11100 Valley Blvd, El Monte, CA 91731
      View Details
    • $1,854 /Mo

      Prime San Gabriel Valley Retail

      Retail spaces available in a large neighborhood center.
      10412 Lower Azusa Rd, El Monte, CA 91731
      View Details
    • $700 /Mo

      Office Space For Lease

      Office space available for lease in El Monte.
      11706 Ramona Blvd, El Monte, CA 91732
      View Details
    • $600 /Mo

      El Monte Office Space Available

      Office space for lease in El Monte, CA.
      11229 Valley Blvd, El Monte, CA 91731
      View Details
    • $3,900 /Mo

      Warehouse Condo in Gated Park

      Warehouse condo with showroom, offices, and gated parking.
      12368 Valley Blvd, El Monte, CA 91732
      View Details
    • $3,850 /Mo

      El Monte Mixed-Use Building

      Two-story mixed-use building with office and warehouse space for lease.
      2160 Durfee Ave, El Monte, CA 91733
      View Details
    • $2,500 /Mo

      Versatile Commercial Space on Main

      High-visibility commercial space near 10 Freeway, suitable for various uses.
      3023 Durfee Ave, El Monte, CA 91732
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding building in high-visibility location, ideal for retail/office.
    Where is this retail space located?
    The property is located at 11418 Garvey Ave El Monte, CA.
    What are key features of this property?
    This property features: - High-visibility location in El Monte with significant foot traffic.; - Versatile 1,462 sq. ft. open floor plan suitable for various businesses.; - New HVAC system and new windows to be installed.
    (626) 232-4356
    Request Owner's contact information
    11418 Garvey Ave El Monte, CA 91732
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11418 Garvey Ave
    El Monte, CA 91732
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11418 Garvey Ave El Monte, CA 91732
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Magdalena Aguilar
    Magdalena Aguilar
    Real Estate License ID: 01957927
    (626) 232-4356 (909) 760-2488 (909) 760-2482
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!