Property profile

8968 Ave Unit G Rosemead, CA 91770

OFF-MARKET
Retail properties & Spaces
856 SF 0.98 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional 856-square-foot retail or office space is an end unit within the newly constructed Fortress Plaza in Rosemead, California. Located at 8968 Avenue Unit G, this property boasts a modern exterior design and is part of a 17-unit development featuring approximately 17,745 rentable square feet on a 42,538-square-foot lot. The development includes 72 parking stalls, ensuring ample parking for customers and employees. Completion is estimated for July 2024. This unit offers the advantage of approximately 750 square feet of outdoor patio seating area, perfect for a restaurant or business requiring outdoor space. The property is zoned C-3 and all units within the development have the potential for conversion to restaurant use. Flexible space options exist, with units ranging from 856 to 5,160 square feet, allowing for the combination of multiple units to accommodate varying business needs. The strategic location at the southwest corner of Garvey Avenue and Rosemead Place provides excellent visibility and accessibility, situated at a signalized intersection with an estimated daily traffic count of 23,465 vehicles. Enjoy easy freeway access via the nearby 10 and 60 freeways. This prime location offers a unique opportunity for businesses seeking high visibility and convenient access in a thriving Rosemead community. The 0.98-acre lot provides ample space and parking.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1985
Total area 856 SF
Lot 0.98 ac (42,689 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8968 Ave Unit G Rosemead, CA 91770
Rosemead metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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