10990 Lower Azusa Rd - Storefront Retail/Office FOR SALE


El Monte, CA 91731- El Monte City
$7,200,000 USD
626-325-0267
10990 Lower Azusa Rd, El Monte, CA for Sale
$7,200,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 4.75% Cap Rate

10990 Lower Azusa Rd
El Monte, CA 91731
El Monte City


HIGHLIGHTS

  • Prime Corner Location at a Major El Monte Intersection
  • Fully Leased with 16 Popular Tenants
  • Impressive Lot and Building Size with Ample Parking
  • Dense Demographics and Strong Regional Draw
  • Excellent Transit and Freeway Access
  • Strong Reputation and Customer Base

OVERVIEW

Right next to a beautiful Chase Bank, Union Plaza is 100% leased. Union Plaza is at the busiest location in North El Monte: intersection of Santa Anita Ave and Lower Azusa Rd. Union Plaza is across from Sam's Club, McDonald's, and Yoshinoya. 3 minutes walk to Arroyo High School, Union Plaza is close to Arcadia, Temple City, San Gabriel, Rosemead. Prime location is in a densely populated high-traffic area. Building size is 20,579 sq ft. Large L-shaped lot is an impressive 59,757 sq ft. There is rental upside potential. Only 1 of the 16 leases is NNN. 85 parking spaces. Tacos La Bufadora, Mr. Chopsticks Chinese Restaurant, Pho, and Top Donut House are neighborhood favorites, and have been popular for many years. Boba Shop will open soon. Notable businesses include: Nova Financial (insurance, DMV services, tax preparation), WeCare medical office, dentist, eyelashes, hair salon, pet grooming, yoga, eyebrow threading, nail salon, eyelashes, nutrition, general store. Yelp reviews Union Plaza businesses very highly. Social media Influencers have said wonderful things about Union Plaza's tenants. Close to the 10 and the 605 freeways, it is easy to get to Union Plaza from anywhere in SoCal. Residents of Los Angeles, Orange County, San Bernardino County drive from farther away to enjoy the amazing restaurants and services. In one trip, a customer can meet a friend for lunch, get facial/hair/nails/eyelashes done, go to Chase Bank, then bring home tacos, donuts, Chinese or Vietnamese takeout. On a another day, a customer can visit the dentist, see a doctor, do DMV paperwork, exercise at the yoga studio, while the pet is getting groomed. This busy intersection is served by buses 268, 287, and 492. Tenants by unit number: Unit 1 tacos. Unit 2 pho. Unit 3 boba. Unit 4 medical office. Unit 6 dentist. Unit 7 financial/tax/DMV services. Unit 9 convenience store. Unit 10 Chinese restaurant. Unit 11 eyelashes. Unit 12 hair salon. Unit 13 pet grooming. Unit 14 yoga. Unit 15 Eyebrow threading. Unit 16 nail salon. Unit 17 nutrition. Unit 18 donut house. 9Units 5 got used up to make Units 4 and 6 larger. Unit 8 got used up to make Units 7 and 9 larger.) There is upside potential in rental income. For inquiries call (626)470-6150, or email unionplaza11@gmail.com

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Union Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,757 SF

ZONING

C2

APN/PARCEL ID

8575-003-028

ASK ABOUT THIS PROPERTY

Union PlazaUnion PlazaMore Info
626-325-0267

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

Union PlazaUnion PlazaMore Info
626-325-0267

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