New Charter High School
For Sale
Contact for pricing
Pending
482 N Garfield Ave, Montebello, CA 90640
Newly constructed charter high school on 1.04 acres with a 5-year absolute NNN lease and 3% annual increases.
Property Size23,595 SF
Lot Size1.04 Acres
Days on Market148
Property Features for 482 N Garfield Ave
General Information
Standard status
Pending
Size
23,595 SF
Lot size
1.04 Acres
Property subtype
Special Purpose
Occupancy
100%
Additional Details
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Ara Rostamian · License #CA 01814678
(213) 943-1781
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Sep 2 at 3:56PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This newly constructed charter high school was renovated to suit T.I.M.E. Community Schools (TCS) and is being operated by TCS under a new 5-year absolute NNN fee simple lease with one (1) five-year renewal option. The lease includes rare 3% annual increases throughout both the initial term and the renewal period. The campus includes 23,595 square feet of newly constructed improvements on 1.04 acres of land.
The property is located at the signalized hard corner of North Garfield Avenue and North Hay Street, with access and visibility along Garfield. The school also has adjacency to a playground next to Ashiya Park.
TCS will provide a college preparatory program for students in grades nine through twelve.
The property is located at the signalized hard corner of North Garfield Avenue and North Hay Street, with access and visibility along Garfield. The school also has adjacency to a playground next to Ashiya Park.
TCS will provide a college preparatory program for students in grades nine through twelve.
Key Highlights
- Newly constructed charter high school with 23,595 SF of improvements on 1.04 acres in Montebello, CA
- T.I.M.E. Community Schools (TCS) has signed a new 5‑year absolute NNN fee simple lease with one (1) five‑year renewal option
- Lease includes rare 3% annual increases throughout the term and the renewal option period
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,534
Businesses Nearby
Explore this area
Business Placement
Demographics for 90640, CA
62,678
Population
20,438
Households
3.1
Avg Household Size
38
Median Age
22%
College-Educated
74%
High-School Grad
8.3 sq mi
ZIP Area
7,552
Density / Sq Mi
$74,833
Median Household Income
$37,983
Median Earnings
$1,771
Median Rent
$660,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Newly constructed charter high school on 1.04 acres with a 5-year absolute NNN lease and 3% annual increases.
Where is this school located?
The property is located at 482 N Garfield Ave Montebello, CA.
What are key features of this property?
This property features: Newly constructed charter high school with 23,595 SF of improvements on 1.04 acres in Montebello, CA; T.I.M.E. Community Schools (TCS) has signed a new 5‑year absolute NNN fee simple lease with one (1) five‑year renewal option; Lease includes rare 3% annual increases throughout the term and the renewal option period
