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OFF-MARKET
Retail properties & Spaces

8966 Ave Unit I Rosemead, CA 91770

2,000 SF 0.98 ac lot Built 1985
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1985
Total area 2,000 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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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