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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9885 Central Ave Montclair, CA 91763

3,500 SF 0.38 ac lot Built 2005
Entity Owned 4-yr Hold
Property ID
US10-0876305
Property summary
AI-generated overview

This exceptional 1,080-square-foot retail space, part of a larger 3,500-square-foot building, presents a fantastic opportunity for a variety of businesses. Located at the highly visible northeast corner of Central Avenue and Benito Street in Montclair, this Class B property boasts a prime location next to established businesses like Domino's Pizza and the Cave Barbershop Lounge. The unit is currently occupied by Metro by T-Mobile, ensuring a smooth transition for the new tenant, with availability commencing August 1st, 2024. The building, constructed in 2005, features a single story and offers ample parking with 15 spaces available for customers and employees. The property sits on a 0.382-acre lot and is zoned C-2 Restricted Commercial (verify permitted uses with the City of Montclair). The building's floor plan allows for flexible configurations, making it suitable for a range of retail concepts, including but not limited to nail salons, ice cream parlors, cafes, restaurants, insurance offices, or smoke shops. The property's APN is 1010-061-09. The building has a total of three suites, with a minimum divisible space of 1,080 square feet and a maximum contiguous space of 1,080 square feet. The building's floor area ratio (FAR) is 0.21. This high-traffic location, coupled with its excellent visibility and ample parking, makes this an ideal investment for a discerning entrepreneur seeking a thriving retail environment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Total area 3,500 SF
Lot 0.38 ac (16,640 SF)
UPID US10-0876305
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
Current use
Occupant on record · Public records
  • Domino's Pizza Take-out & Catering
  • The Cave barbershop lounge Barber Shop
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Central Avenue Marketplace LLC · 4 yrs held
Central Avenue Marketplace LLC
since 2022
1 recorded transaction
2022
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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