Property profile

9920 Garvey Ave El Monte, CA 91733

FOR LEASE
Grocery and convenience stores
Property ID
US10-0349314
19,860 SF 1.24 ac lot Built 1968
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 9920 Garvey Avenue in El Monte, California, presents a unique opportunity for a single-tenant user. Boasting a substantial 19,900 square feet of vacant space, this building offers significant potential for a wide range of retail businesses. The property is situated in Los Angeles County, within the 91733 zip code, providing convenient access to major transportation routes and a thriving local community. The entire building is available for lease, presenting a blank canvas for a business seeking a large, high-visibility location. The property's size and layout offer considerable flexibility for customization to meet specific operational needs. This is an ideal opportunity for a business seeking a prominent presence in a busy El Monte commercial area. The property's single-tenant occupancy ensures exclusive use and control of the entire space. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a significant retail space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Don't miss this chance to establish your business in this prime El Monte location.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1968
Construction TILT-UP CONCRETE
Total area 19,860 SF
Lot 1.24 ac (53,846 SF)
Zoning code EMM1*
APN 8102-001-028
UPID US10-0349314

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
  • Crypto Atm Atm
  • Crypto Atm
  • Bank Credit Union
  • Bank Credit Union
  • Atm

Location

9920 Garvey Ave El Monte, CA 91733
El Monte metro Census 433505 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.05M
Blend (final) Blend
$4.53M

Owner & transaction history

since 2019
6 recorded transactions
2019
$4.6M
2007
$3.6M
2007
Price N/A
2006
Price N/A
1995
$1.6M
1968
Price N/A

Zoning & alternative use

EMM1* · El Monte, CA
Top alternative use upside
Office building $7.0M +32.4%
Auto repair, garage $6.7M +27.2%
Commercial (general) $6.0M +13.7%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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