854 N Garfield Ave - Restaurant FOR SALE


Montebello, CA 90640
$2,560,000 USD
858-900-3700
854 N Garfield Ave, Montebello, CA for Sale
$2,560,000 USD
Restaurant - FOR SALE
1/9
null | 7.5% Cap Rate

854 N Garfield Ave
Montebello, CA 90640


OVERVIEW

BRAND NEW 10-YEAR SALE-LEASEBACK Featuring a brand new 10-year lease executed at close of escrow. ABSOLUTE NNN LEASE STRUCTURE Passive investment with the tenant responsible for all expenses including roof, structure, HVAC, property taxes, insurance, repairs and maintenance. HEDGE AGAINST INFLATION 2.5% annual rental increases during the initial term plus 10% increases at each option period provide consistent rent growth throughout the entire term. $2.74 MILLION IN REPORTED ANNUAL SALES Restaurant reported approximately $2.74 million in 2025 net sales, with 2026 year-to-date sales annualizing to approximately ~$2.8 million. NORTH GARFIELD AVENUE LOCATION Situated along North Garfield Avenue with direct street frontage, surrounded by established residential neighborhoods, retailers and dining destinations. CONVENIENT ACCESS TO SR-60 Located near the Garfield Avenue interchange with SR-60, providing convenient connections to Downtown Los Angeles, the San Gabriel Valley and the broader regional freeway network. NEAR TOPGOLF & BELLA VERDE GOLF CLUB Located near Topgolf Montebello and Bella Verde Golf Club, established golf and entertainment destinations in the surrounding area. DENSE, AFFLUENT TRADE AREA Over 667,000 residents within a 5-mile radius having an Average Household Income of $108,130, supported by a robust daytime workforce and steady demand from nearby offices and retailers. FULL-SERVICE BAR AND RESTAURANT Kalaveras operates as a vibrant bar & restaurant concept, licensed for full-service liquor and alcohol beverage operations, operated by 40 year veteran.

FOR SALE DETAILS

PRICE

$2,560,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kalaveras - Montebello, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,553 SF

ZONING

MNC2*

APN/PARCEL ID

5268-001-002

ASK ABOUT THIS PROPERTY

Renato LorjaCIRE PartnersMore Info
858-900-3700

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Renato LorjaCIRE PartnersMore Info
858-900-3700

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