10933 Main St - Retail FOR SALE


El Monte, CA 91731- Downtown El Monte
$4,500,000 USD
714-349-3547
10933 Main St, El Monte, CA for Sale
$4,500,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

10933 Main St
El Monte, CA 91731
Downtown El Monte


HIGHLIGHTS

  • Value-Add Investment Opportunity - Retail/Office/Medical; Approximately 39,000 SF Building (Including 13,000 SF Mezzanine)
  • Walk Score - Very Walkable (81); Densely Populated Area - Over 500K in 5 Mile Radius
  • Strong Income – Over $100K Average HH Income in 5 Mile Radius; Elevator Served - Ideal for Medical Uses
  • Abundant Surrounding Free Public Parking Lots
  • Easy Access to Santa Anita Avenue & 10 Freeway
  • Walking Distance to El Monte Metrolink Station; Excellent Main Street Retail Corridor

OVERVIEW

NAI Capital, as the exclusive advisor to ownership, is proud to offer for sale the El Monte Mall Building, a former department store positioned in the heart of El Monte’s historic Main Street retail corridor. Originally constructed in 1955, the building consists of approximately 39,000 square feet distributed across three levels, including the ground floor, basement level, and a second-floor mezzanine. Each level encompasses approximately 13,000 square feet. The building is served by an elevator and features a spacious central staircase that provides efficient circulation between the ground and basement levels. This value-add asset is currently operating as an indoor marketplace with 20 tenants within the ground floor and basement level. The mezzanine is mostly vacant and used for storage. The retail shops are currently about 68% occupied, allowing a potential investor to continue operating under the same concept and continue the lease up or change the concept to a new use. This opportunity is centrally located within the El Monte Mall retail corridor. The building is walking distance to the El Monte Metrolink station connected to the San Bernardino Line that runs from Downtown Los Angeles to Redlands. The densely populated area has over 500,000 total population and over $100,000 average household income within a 5 miles radius.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Department Store

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,545 SF

ZONING

SP-4 (Downtown Specific P

APN/PARCEL ID

8575-020-006

ASK ABOUT THIS PROPERTY

Steve LiuNAI CapitalMore Info
714-349-3547

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Steve LiuNAI CapitalMore Info
714-349-3547

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