Property profile

2313 Whittier Blvd Montebello, CA 90640

OFF-MARKET
Neighborhood centers
37,860 SF Built 1981
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Garmar Plaza, a single-story, 37,860-square-foot retail center in Montebello, CA, presents a compelling investment opportunity. Located at the highly visible southeast corner of Whittier Blvd and Wilcox Ave, this Class B property boasts 23 suites and ample parking (202 spaces). Built in 1981 and renovated in 2020, the center features a 3,645-square-foot vacant unit (Unit 2313) available for lease, ideal for retail, fitness, office, medical, or restaurant uses. The property benefits from excellent visibility with 400 feet of frontage along Whittier Blvd, creating significant curb appeal and exposure. The center is well-maintained, featuring storefront and pylon signage. The property sits on a 38,362-square-foot lot and is zoned C-2. Current tenants include a diverse mix of businesses, including Auto Zone, Bank of America, and several local businesses. The asking rate for the vacant unit is $1.60 per square foot, plus $0.60 per square foot in NNN charges, with a year-one start rate. The unit will be available December 1, 2024. The property's location in the Commerce/Vernon submarket of Montebello, CA (zip code 90640) provides easy access to major transportation routes. This is a rare opportunity to acquire a well-located, well-maintained retail center with strong tenant occupancy and significant visibility.

Property profile

Verified
Property type Neighborhood centers
Year built 1981
Total area 37,860 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Training Center Sports School

Location

2313 Whittier Blvd Montebello, CA 90640
Montebello metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2313 Whittier Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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