Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    9000 Garvey Ave Rosemead, CA 91770

    Sponsored
    For Sale
    $15,250,000

    High-yield retail center, prime location.

    Property size:
    44,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional value-add opportunity presents a 44,805 square foot shopping center situated on a 2.6-acre lot in Rosemead, California. The property boasts 32 tenants with 95% occupancy, generating a current NOI of $715,150 and a projected NOI of $1,268,103, representing a pro-forma cap rate of 7.46%. Built in 1986, the single-story, four-building complex features a prominent Garvey Avenue location with high visibility, including a pylon sign and two monument signs. The C3-MU zoning allows for diverse redevelopment options. The asking price is $15,250,000, translating to $340.36 per square foot and $146 per square foot of land value. The property benefits from high traffic counts on Garvey Avenue and Rosemead Boulevard, exceeding 23,705 vehicles per day and 77,000 vehicles per day at the intersection, respectively. Located in a densely populated area with a strong average household income, this center offers significant rental upside potential due to lease renegotiation opportunities with long-term tenants. The property is offered fee simple and is suitable for a 1031 exchange. This is a rare opportunity to acquire a multi-generational investment in a thriving San Gabriel Valley market, first available for sale in nearly two decades. The property's location provides excellent access to freeways 10 and 60.

    Property Features for 9000 Garvey Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    44,805 SF
    Class
    B
    Lot Size
    113,256 SF

    Building Details

    Year Built
    1986
    Buildings
    4
    Stories
    1

    HighLights

    • $15,250,000 asking price for a value‑add retail shopping center with a 4.69% cap rate and a pro‑forma cap rate of 7.46%.
    • Excellent Garvey Avenue location in Rosemead, CA, with high traffic counts and strong retail demand, near San Gabriel and Alhambra.
    • Rare 2.6‑acre site with C3‑MU zoning, offering redevelopment or lot split potential.
    • High‑density area with strong demographics: 221,595 population within 3 miles and $77,569 average household income within 1 mile.
    • First‑time offering in nearly 20 years.
    • Suitable for land banking or capital appreciation in a high‑growth San Gabriel Valley corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Saigon Noodles Food ... Wholesaler Quang Tran Inc Meat Processor VIKON CENTER Business Center Tantawan Thai Kitchen Thai Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Rosemead
    County
    Los Angeles
    State
    California
    Longitude
    -118.0728987
    Latitude
    34.062355

    Nearby Similar for Sale

    • $1,295,000
      Pending

      Rosemead Quadruplex on Corner Lot

      Four-unit property with two vacant units on a corner lot.
      9643 Lorica St, Rosemead, CA 91770
      View Details
    • $3,250,000
      10,818 SF

      Rosemead Multi-Family Residential Portfolio

      Five single-family homes in a desirable San Gabriel Valley location.
      3421 Lafayette Ave, Rosemead, CA 91770
      View Details
    • $100,000

      Turnkey Restaurant Opportunity in Rosemead

      Fully operational Chinese restaurant for sale in high-traffic Rosemead location.
      8921 Valley Blvd, Rosemead, CA 91770
      View Details
    • $1,380,000
      3,436 SF

      Mixed-Use Property in Rosemead, CA

      Mixed-use property with offices and residential units on Valley Blvd.
      9041 Valley Blvd, Rosemead, CA 91770
      View Details
    • $1,280,000
      2,520 SF

      Rosemead Office Building For Sale

      Fully leased office building on Valley Blvd in Rosemead.
      9049 Valley Blvd, Rosemead, CA 91770
      View Details
    • $1,250,000
      1,995 SF

      Duplex on Corner Lot

      Duplex with potential for ADU conversion and RV parking.
      1908 Bailey Ave, Rosemead, CA 91770
      View Details
    • $2,880,000

      Versatile Commercial Property on Garvey

      Prime location suitable for diverse businesses with high traffic exposure.
      7548 Garvey Ave, Rosemead, CA 91770
      View Details
    • $65,000

      Established Bubble Tea Shop

      Newly built bubble tea shop for sale in Rosemead.
      8449 Garvey Ave, Rosemead, CA 91770
      View Details
    • $929,000

      Rosemead Duplex: Investment Opportunity

      Well-maintained duplex in Rosemead with updated features and development potential.
      2340 Pine St, Rosemead, CA 91770
      View Details
    • $3,180,000

      Rosemead Church and School Buildings

      Church and parochial school buildings for sale in Rosemead.
      3342 Del Mar Ave, Rosemead, CA 91770
      View Details
    • $1,350,000
      2,610 SF

      Multifamily Property in Rosemead, CA

      Two-unit multifamily property in Rosemead, CA, with ADU potential.
      3052 Burton Ave, Rosemead, CA 91770
      View Details
    • $95,000

      Restaurant Opportunity in Rosemead

      Restaurant for sale in a strip mall, Rosemead, CA.
      3365 Walnut Grove Ave, Rosemead, CA 91770
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-yield retail center, prime location.
    Where is this lifestyle center located?
    The property is located at 9000 Garvey Ave Rosemead, CA.
    What is the asking price?
    The asking price for this property is $15,250,000.
    What are key features of this property?
    This property features: $15,250,000 asking price for a value-add retail shopping center with a 4.69% cap rate and a pro-forma cap rate of 7.46%.; Excellent Garvey Avenue location in Rosemead, CA, with high traffic counts and strong retail demand, near San Gabriel and Alhambra.; Rare 2.6-acre site with C3-MU zoning, offering redevelopment or lot split potential.
    Request Owner's contact information
    9000 Garvey Ave Rosemead, CA 91770
    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.
    9000 Garvey Ave
    Rosemead, CA 91770
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    9000 Garvey Ave Rosemead, CA 91770
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.