This 13,600 square foot retail property in downtown Arcadia, California, offers multiple spaces available for lease, ranging from 1,285 to 3,263 contiguous square feet. Built in 2019, the property boasts 13 suites in total, with 11,401 square feet currently vacant. Located just one block from the Metro station, this mixed-use development enjoys a prime location near other shops and cafes, including existing tenants such as Tap Lounge, Tea Maru, and F45 Fitness. The property provides ample parking with 42 spaces available. This is an exceptional opportunity to establish a presence in a revitalized downtown Arcadia neighborhood, attracting a diverse clientele. The property's modern design and convenient location make it ideal for a variety of retail businesses, including restaurants, cafes, banks, and shops. The minimum leasable space is 1,285 square feet, while the maximum contiguous space available is 3,263 square feet. Los Angeles County location and 91006 zip code offer easy access to a large consumer base. This is a chance to be part of a thriving community and a successful mixed-use development.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,035,389
6.5%
$2,801,898
7%
$2,601,762
Comparable approach
Method
Valuation
Relative Method
$3,677,364
Geo Method
$3,692,740
Alternative Use
Use
Valuation
Residential
$2,363,506
Hospitality
$2,164,958
Educational
$1,801,220
Medical
$1,863,167
Retail
$2,801,898
Location Insight
City
Arcadia
County
Los Angeles
State
California
Latitude
34.1413
Longitude
-118.03
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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