9920 Garvey AveEl Monte, CA 91733

Property Details for 9920 Garvey Ave

Year built

1968

Construction

TILT-UP CONCRETE

Lot size

1.24 AC

Property size (Sq ft)

19,860 SF

Zone code

EMM1*

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

8102-001-028

APU

8102001028

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $7,822,843

  6.5%

  $7,221,086

  7%

  $6,705,294

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,477,349

  Geo Method

  $9,516,976

• Alternative Use

  Use

  Valuation

  Residential

  $6,091,256

  Hospitality

  $5,579,558

  Educational

  $4,642,126

  Medical

  $4,801,776

  Retail

  $7,221,086

Location Insight

City

El Monte

County

Los Angeles

State

California

Latitude

34.062

Longitude

-118.052

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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