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Grocery Outlet/Walgreens 140 E Live Oak Ave 14,490 SF 4-Star Retail Building Arcadia, CA 91006 For Sale
Investment Highlights
- Prime Arcadia Hard Corner: Signalized intersection at Tyler and Live Oak, a premier, land-constrained San Gabriel Valley retail corridor.
- In-Place Income: Predictable $412,649 annual income through the August 2027 kickout date.
- Assemblage Potential: Potential to assemble with the adjacent commonly-owned Jack in the Box pad for a major hard corner redevelopment.
- Near-Term Value-Add: Strategic repositioning or redevelopment opportunity with a Walgreens lease kickout on August 31, 2027.
- Prime Development Site: Rare 1.55-acre lot with low 22% site coverage, perfect for expansion or multi-tenant conversion.
- Affluent Trade Area: High-density trade area with 203,000+ residents and $134,000+ average household income in a 3-mile radius.
Executive Summary
Just Listed: Value-Add/Owner-User Property | Arcadia, CAJust Listed: Value-Add/Owner-User Property | Arcadia, CA
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,490 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
NOI
$412,649
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.54 AC
Zoning
ARC2
Parking
86 Spaces (5.94 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8573-024-031 | Improvements Assessment | $2,679,711 |
| Land Assessment | $4,145,870 | Total Assessment | $6,825,581 |
Property Taxes
Parcel Number
8573-024-031
Land Assessment
$4,145,870
Improvements Assessment
$2,679,711
Total Assessment
$6,825,581
Contacts
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Patrick Wade -
Bo Henderson -
Alex Kozakov -
Matthew Greenberg -
Jack Webber -
Nick Solomon -
Vivian Tran -
CBRE, Inc.
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