For Sale
$1,995,000
913 Huntington Dr Monrovia, CA 91016
Net Lease Investment Opportunity. High NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Fee simple ownership of a newly renovated (2023) Take 5 Oil Change in Monrovia, CA.
- 824 sq ft building on a 0.22-acre lot (APN 8530-002-018) in a high-traffic retail area with strong co-tenancy.
- Excellent visibility at a signalized intersection with high daily traffic counts (54,900 VPD combined, I-210 over 256,000 VPD).
- 15-year NNN lease with four 5-year options, 10% rent increases every 5 years, $110,000 NOI.
- 5.51% cap rate, $1,995,000 asking price ($2,421.12/sq ft).
Property Details for 913 Huntington Dr
- Property type
- Retail properties, Auto shops
- Square Feet
- 824 SF
- Year Built/Renovated
- 1974/2023
- Lot Size (sq. ft)
- 9,583 SF
Location Insight
- City
- Monrovia
- County
- Los Angeles
- State
- California
- Latitude
- 34.1399064
- Longitude
- -117.9855635
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Net Lease Investment Opportunity. High NOI.
- Where is the retail property located?
- The property is located at 913 Huntington Dr Monrovia, CA.
- What is the asking price?
- The asking price for this property is $1,995,000.
- What are key features of this property?
- This property features: Fee simple ownership of a newly renovated (2023) Take 5 Oil Change in Monrovia, CA.; 824 sq ft building on a 0.22-acre lot (APN 8530-002-018) in a high-traffic retail area with strong co-tenancy.; Excellent visibility at a signalized intersection with high daily traffic counts (54,900 VPD combined, I-210 over 256,000 VPD).
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