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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

111 Monrovia, CA 91010

10,329 SF 0.34 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 10,329 SF
Lot 0.34 ac (14,810 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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