11400 Garvey Ave - Commercial LAND FOR SALE


El Monte, CA 91731 22,651 SF
$3,240,000 USD
909-418-2216
11400 Garvey Ave, El Monte, CA for Sale
$3,240,000 USD
Commercial LAND - FOR SALE
1/5
22,651 SF

11400 Garvey Ave
El Monte, CA 91731


HIGHLIGHTS

  • Prime San Gabriel Valley STNL offering presents an ideal 1031 exchange
  • Tremendous Future Residential Redevelopment Opportunity
  • NNN Lease Structure
  • Strong 3% Annual Rent Increases
  • Hard Corner Location just one block off the heavily traveled Garvey Ave/Peck Rd intersection with more than 45,161 cars per day
  • Infill San Gabriel Valley Demographics boasting over 197,943 residents having an AHHI of $97,936 within three miles

OVERVIEW

CBRE Investment Properties has been retained by Ownership as the exclusive marketing adviser for 11400 Garvey Ave in El Monte, Los Angeles County, CA (“the Property”). Situated on a 22,510 SF lot, the Property is 100% occupied by Apollo Auto, an established car dealership, who will execute a NNN leaseback of the site at close of escrow. 11400 Garvey Ave presents an extremely rare opportunity to purchase a single tenant net lease asset in the San Gabriel Valley with a growing cash flow stream and affords savvy investors/developers the future ability to redevelop the hard-corner site to accommodate a vertical residential development.

FOR SALE DETAILS

PRICE

$3,240,000 USD

PRICE/ACRE

$6,230,824/AC

PRICE/SF

$143 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Corner on Garvey Ave

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail

LAND ACRES

0.52 AC

LAND SF

22,651 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MMU

APN/PARCEL ID

8105-004-015,8105-005-014

ASK ABOUT THIS PROPERTY

Justin MarloweCBRE, Inc.More Info
909-418-2216

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Justin MarloweCBRE, Inc.More Info
909-418-2216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.