8966 Ave Unit I Rosemead, CA 91770
This exceptional 2,000 square foot retail or office space is an end unit within the newly constructed Fortress Plaza in Rosemead, California. Located at 8966 Avenue Unit I, this property boasts a modern exterior design and is part of a 17-unit development featuring a total of 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 particular unit includes approximately 750 square feet of outdoor patio seating, a significant advantage for restaurant or retail businesses seeking outdoor space. The property benefits from a C-3 zoning designation, allowing for versatile use, with all units having the potential for conversion to restaurant use. The strategic location at the southwest corner of Garvey Avenue and Rosemead Place offers excellent visibility and accessibility, with a daily traffic count of approximately 23,465 vehicles. The property enjoys easy access to freeways 10 and 60, enhancing its appeal to a wide range of businesses. While this 2,000 square foot unit is currently available, other units ranging from 856 to 5,160 square feet are also available, with the option to combine multiple units to meet specific business needs. This prime location, combined with the new construction and ample parking, presents a unique opportunity for businesses seeking a high-visibility space in a thriving area. The property sits on a 0.98-acre lot.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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