111 Monrovia, CA 91010
This 10,329 square foot multi-tenant retail building is situated on a prominent corner lot at the intersection of Stedman and Foothill Boulevard in Monrovia, California. The property sits on a 0.34-acre lot and offers high visibility for potential businesses. Currently, a portion of the building is available for lease. This space, previously occupied by a Subway sandwich shop, features desirable amenities including floor drains, a stove hood, and a land mop disposal area. The building is currently home to a dentist and a Massage Envy franchise. Parking is limited, primarily consisting of a small rear lot and additional spaces in a lot on Stedman behind a smoke shop. Therefore, this space is best suited for a business with minimal customer vehicle traffic. Businesses with a low volume of deliveries and customer vehicles, such as an optical business or similar low-traffic enterprise, would be ideal tenants. The property's location and existing tenant mix provide a strong foundation for a successful business venture. The asking price for the available space is $2 million. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.