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Landmark Shopping Center with Parking
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Pending

740-780 W Garvey Ave, Monterey Park, CA 91754

Landmark shopping center with spacious parking and approximately 95% occupancy.

Property Size81,957 SF
Days on Market48

Property Features for 740-780 W Garvey Ave

General Information

Standard status Pending
Size 81,957 SF
Property subtype Retail
Occupancy 95%
Listing Agency: Coldwell Banker Dynasty Arcadia
Listed By: Henry Liu · License #CA 013782889
Source: Crexi
Added: Jul 21 Changed: Aug 14 Last Checked: Sep 6 at 3:18PM

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 Coldwell Banker Dynasty Arcadia

Investment Insights

Based on property information with market context.

This landmark shopping center is located at the junction of Atlantic Avenue and Garvey Street in Monterey Park. The property offers approximately 81,957 square feet of leasable space and is described as having high daily traffic and a strong stream of customers. The center includes a spacious parking lot and is currently reported at 95% occupancy.

The tenant mix is positioned within walking distance to Atlantic Times Square, restaurants, shops, a theater, banks, three supermarkets, and residential areas. A brand-new Courtyard hotel with 280 rooms is also noted as under construction and scheduled to open in 2018.

With its active retail environment and established occupancy, the center is structured to serve a consistent flow of nearby shoppers and visitors.

Key Highlights

  • Landmark commercial shopping center at the junction of Atlantic Avenue and Garvey Street in Monterey Park
  • Leasable area is approximately 81,957 SF
  • Spacious parking lot

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Auto Parts Store Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

95%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,510
Businesses Nearby
Balanced
Demand for This Use

Demographics for 91754, CA

33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Monterey Plaza 720 S Atlantic Blvd, Monterey Park, CA 91754
  • Monterey Park Mall 428 S Atlantic Blvd, Monterey Park, CA 91754
  • Deerfield Plaza [green colored plaza] W Mabel Ave, Monterey Park, CA 91754
  • Atlantic Place Shopping Center 111 N Atlantic Blvd, Monterey Park, CA 91754
  • Montery park California, Monterey Park, 5255007024邮政编码: 91754

Frequently Asked Questions

What type of property is this?
Shopping center - Landmark shopping center with spacious parking and approximately 95% occupancy.
Where is this shopping center located?
The property is located at 740-780 W Garvey Ave Monterey Park, CA.
What are key features of this property?
This property features: Landmark commercial shopping center at the junction of Atlantic Avenue and Garvey Street in Monterey Park; Leasable area is approximately 81,957 SF; Spacious parking lot
(626) 566-2221 Call to check price and availability
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