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    Salon Retail/Office Space Title is generated by Realmo AI

    8240 E Garvey, Rosemead, CA 91770

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    New
    For Lease
    $2,500/Mo $30 SF/Yr (calc)

    Approximately 1,000 sq. ft. for lease with an open layout, treatment room, and administrative office.

    Type:Commercial
    Property size:
    1,000 SF
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 4:08 am

    Property Features for 8240 E Garvey

    General Information

    Standard status
    Active
    Size
    1,000 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Sheiline Lam

    Listing agent Sheiline Lam License #01268830

    Listing office West Foothills Market Center, Inc

    Listing date Jun 4, 2026

    Source Elliman

    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 West Foothills Market Center, Inc

    HighLights

    • Approximately 1,000 sq. ft. commercial space for lease in an existing salon on busy Garvey Blvd in Rosemead
    • Open layout suitable for a variety of commercial uses, including retail or office
    • Includes a facial/treatment room and an administrative office
    • High foot traffic area with easy access to the freeways
    • Plenty of parking spaces behind the building

    Overview

    This approximately 1,000 sq. ft. space is available for lease within an existing salon. The layout features an open main area designed for flexible merchandising or service setups, along with a dedicated room suitable for facials and an office for administrative work.

    Located in the heart of Rosemead on busy Garvey Blvd, the space is positioned to capture consistent customer activity. The property offers easy freeway access and plenty of parking behind the building for convenient visits.

    The configuration supports a range of uses beyond a salon, including retail or office applications, depending on the tenant’s operating needs. For businesses that benefit from a service-oriented layout with space for both client-facing work and back-office administration, this unit provides a practical starting point in a walkable, transit-accessible corridor.
    Location Intelligence

    Current Use by Public Records

    Lily's Beauty Salon Hair Salon

    Suggested Use

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

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

    Similar Places Nearby

    • Professional Management — 2630 N San Gabriel Blvd, Rosemead, CA 91770
    • Charlie Y. Chuang, LAC — 2630 San Gabriel Blvd, Rosemead, CA 91770
    • Polin Togi, Lac — 2630 N San Gabriel Blvd #200, Rosemead, CA 91770
    • T & S Natural Health Center — 2218 N San Gabriel Blvd # 5, Rosemead, CA 91770
    • Puremax Nativherb Green Foot Bath Powder 纳特福足浴精华 中草药足浴降血糖、降血压、改善睡眠 — 2218 San Gabriel Blvd #8, Rosemead, CA 91770

    Location Insight

    • Map
    • Local Demand
    City
    Rosemead
    County
    Los Angeles
    State
    California
    Longitude
    -118.0889717
    Latitude
    34.062349

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    FAQs

    What type of property is this?
    Spa & wellness property - Approximately 1,000 sq. ft. for lease with an open layout, treatment room, and administrative office.
    Where is this spa & wellness property located?
    The property is located at 8240 E Garvey Rosemead, CA.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: Approximately 1,000 sq. ft. commercial space for lease in an existing salon on busy Garvey Blvd in Rosemead; Open layout suitable for a variety of commercial uses, including retail or office; Includes a facial/treatment room and an administrative office
    (626) 386-7888
    We can help!
    Listing Contact
    Sheiline Lam
    Real Estate License ID: 01268830
    Learn More
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    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.

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    8240 E Garvey, Rosemead, CA 91770
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