Restaurant and Cafe
For Sale
Contact for pricing
2603 Tyler Ave, El Monte, CA 91733
For sale restaurant and cafe with included furniture, equipment, and a walk-in freezer/cooler.
Property Size1,599 SF
Price / SF$687.93
Days on Market52
Property Features for 2603 Tyler Ave
General Information
Standard status
Active
Size
1,599 SF
Property subtype
RETAIL
Additional Details
Furnished
Yes
Listing Agency:
Lee & Associates - West L.A.
(310) 899-2700
Listed By:
Michael Ma
(310) 899-2732
Source:
Moodyscre
Added: Jul 24
Changed: Sep 11
Last Checked: Sep 12 at 7:32AM
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 - West L.A.
Investment Insights
Based on property information with market context.
Restaurant and cafe opportunity in a commercial setting, offered for sale with furniture and equipment included. The property also includes a security/camera system and a walk-in freezer/cooler.
Located in the heart of El Monte’s commercial district, the offering is positioned as a turnkey option for food and beverage use.
The sale includes the existing restaurant and cafe setup, supported by the included operational items and food storage improvements described in the remarks.
Located in the heart of El Monte’s commercial district, the offering is positioned as a turnkey option for food and beverage use.
The sale includes the existing restaurant and cafe setup, supported by the included operational items and food storage improvements described in the remarks.
Key Highlights
- Restaurant and cafe for sale in the heart of El Monte's commercial district.
- Furniture and equipment included with the sale.
- Includes a walk‑in freezer/cooler.
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
$43,305
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
3.94%
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%
$866,100
$866.1K
Cap Rate 7%
$618,643
$618.6K
Cap Rate 9%
$481,167
$481.2K
Market Conditions
NOI Build-Up for 1,599 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
$59.1K $36.96/SF
− Vacancy
−$1.4K −$0.85/SF
EGI
$57.7K $36.11/SF
− OpEx
−$14.4K −$9.03/SF
NOI
$43.3K $27.08/SF
Area
El Monte, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
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%
$866,100
Cap Rate 7%
$618,643
Cap Rate 9%
$481,167
Alternative Uses
Best Use
Specialty Retail
$618.6K
$541.3K – $721.8K
NOI $43,305 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.38M
$26.59M – $35.45M
NOI $2,126,866 @ 7.0% cap · market cap 193.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,531
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91733, CA
41,990
Population
11,172
Households
3.8
Avg Household Size
36
Median Age
11%
College-Educated
56%
High-School Grad
6.7 sq mi
ZIP Area
6,267
Density / Sq Mi
$67,245
Median Household Income
$32,486
Median Earnings
$1,658
Median Rent
$601,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale restaurant and cafe with included furniture, equipment, and a walk-in freezer/cooler.
Where is this conventional restaurant located?
The property is located at 2603 Tyler Ave El Monte, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Restaurant and cafe for sale in the heart of El Monte's commercial district.; Furniture and equipment included with the sale.; Includes a walk‑in freezer/cooler.
