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Durfee Plaza 2027-2037 Durfee Ave 27,556 SF 100% Leased Retail Building South El Monte, CA 91733 $6,946,227 ($252.08/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Current in place rent average $1.35 p/SF modified gross, significantly below current market rate for similar assets in the trade area.
- At the current list price the property is being offered for sale below replacement cost
- Most leases are gross month-to-month (except Dollar Tree and Wen's Doughnuts), offering the new owner a chance to reposition the property.
- Retail corridor in the trade area and home to a dynamic mix tenants that include Superior Grocers, CVS, Habit Burger, Panda Express, Autozone etc.
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Aqua
- Retailer
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- Retailer
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At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!
- Dos Amigos Check Cashing
- Finance and Insurance
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- Fabiolas Insurance & Services
- Finance and Insurance
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- Retailer
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Headquartered in City of Industry, CA, Winchell’s Donut House, “Home of the Warm ‘n Fresh Donut®,” is the West Coast’s largest donut chain with over 170 units, in 6 states, plus locations in Guam, and Saipan. With more than 70 varieties of Warm ‘n Fresh™ donuts and bakery products, Winchell’s offers customers a diverse menu that includes: donuts, cinnamon rolls, muffins, bagels, croissants, and sandwiches. Winchell’s donuts feature top-grade fruit fillings, aromatic spices such as cinnamon and nutmeg, bittersweet chocolate frosting and pure vegetable oil (no animal fats).
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Aqua | Retailer | - | - | - | ||
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Retailer | - | - | - | ||
| Dos Amigos Check Cashing | Finance and Insurance | - | - | - | ||
| Fabiolas Insurance & Services | Finance and Insurance | - | - | - | ||
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Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,178,688 | |
| Land Assessment | $3,350,110 | Total Assessment | $5,528,798 |
PROPERTY TAXES
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Durfee Plaza | 2027-2037 Durfee Ave
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