710-716 E Garvey Ave - Convenience Store FOR SALE


Monterey Park, CA 91755
$1,690,000 USD
626-252-4248
710-716 E Garvey Ave, Monterey Park, CA for Sale
$1,690,000 USD
Convenience Store - FOR SALE
1/9
null | Request Cap Rate

710-716 E Garvey Ave
Monterey Park, CA 91755


HIGHLIGHTS

  • Prime corner location in the heart of the City of Monterey Park.
  • Signalized intersection of Garvey Ave and Orange Ave.
  • Excellent invetment for investor or owner/user.
  • The property consists of four (4) units. Excellent Price Per Square Foot of $386.
  • Pro Forma Cap Rate is approximately 5.1%. Below market rents. Great potential for rent increases.
  • Easy access to 10, 60 and 710 Freeways.

OVERVIEW

Prime corner location in the heart of the City of Monterey Park. Signalized intersection of Garvey Ave and Orange Ave. Excellent investment for investor or owner/user. The subject property is surrounded by other Commercial/Retail and residential properties.The property consists of four (4) units. Excellent Price Per Square Foot of $386. Pro Forma Cap Rate is approximately 5.1%. Below market rents. Great potential for rent increases. Easy access to 10, 60 and 710 Freeways.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$387 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,933 SF

ZONING

MPCM*

APN/PARCEL ID

5259-016-033

ASK ABOUT THIS PROPERTY

David Linkotai commercialMore Info
626-252-4248

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David Linkotai commercialMore Info
626-252-4248

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