Victory Plaza 9661-9663 Garvey Ave

9661-9663 Garvey Ave , South El Monte, California, 91733 | 34,320 sq.f | $ 10,000,000

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About This Restaurant

Investment Highlights

Very Attractive Going In Cap Rate of 4.6% and High Proforma Cap Rate Over 8.28% Dense Demographics Rare San Gabriel Valley Mixed-Used Retail Opportunity Low Price / Unit For An Excellent Located Asset in San Gabriel Valley Newer Building, Elevator, Large Parking W/Min 3:1 Ration Freestanding Shopping Plaza

Executive Summary

Rare opportunity for investors to acquire a sizable Multi-Tenants NNN Shopping Plaza in the heart of San Gabriel Valley! Built in 2006,Victory Plaza Shopping Center offers 39 mixed used: Retail/Bank/Professional/Medical/Restaurant services to customers, making this a"One Stop For All" shopping & entertainment plaza! This Two-Stories retail Plaza is located in the densely populated Garvey Ave &Rosemead Blvd, the busiest commercial & retail service area. Victory Plaza offers excellent frontage, about ?200 SF, and ?330 SF indepth. Customers enjoy the convenience of the huge parking lot (90 parking spaces/4 handicaps), Elevator access to upper level,great selection of services and central location.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bank General Retail Drugstore Office Medical Restaurant
  • Building Size    34,320
  • Building Class    C
  • Year Built    2006
  • Price    10,000,000
  • Price Per SF    291
  • Cap Rate    4.63
  • NOI    463,434
  • Percent Leased    93
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.52
  • Land Acres    1.52 AC

Amenities

  • 24 Hour Access
  • Bus Line
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC

Nearby Amenities & Transportation

Retail Alberto's Mexican Food
Retail Starbucks
Retail King Taco Restaurant
Retail Denny's
Retail LA Fitness
Retail IHOP
Retail T.G.I. Friday's
Retail Wingstop
Retail The Habit Burger Grill
Retail UFC Gym

Property Taxes

Parcel Number 8581-015-042 Improvements Assessment $4,556,858
Land Assessment $3,216,605 Total Assessment $7,773,463
Date Created: 2024-07-16 04:09:23 Last Updated: 2024-07-16 04:09:23
Address: 9661-9663 Garvey Ave , South El Monte, California, 91733