333 W Garvey Ave 10,136 SF 100% Leased Retail Building Monterey Park, CA 91754 $3,700,000 ($365.04/SF) 5% Cap Rate

Positioned in the heart of Monterey Park, this newly constructed retail center offers a rare opportunity to acquire a modern retail asset in one of the San Gabriel Valley’s most established and supply-constrained commercial corridors. Completed in 2006, the property features attractive modern construction, strong street presence, and long-term operational advantages compared to older retail properties in the area.
Strategically located along Garvey Avenue, the property benefits from approximately 25,000 vehicles per day, providing exceptional visibility and consistent consumer exposure. The center is surrounded by a dense residential population and strong daytime traffic, making it an attractive location for both national and local tenants.
The surrounding demographics further strengthen the investment profile, with approximately 37,000 residents within a 1-mile radius and nearly 260,000 residents within a 3-mile radius. Median household incomes exceed $81,000 within the 3-mile radius, supporting strong long-term retail demand and tenant stability.
In addition to the current income stream, the property offers meaningful long-term upside potential through future rental growth and continued appreciation in one of Southern California’s most land-constrained infill markets.
Highlights:
* Prime Monterey Park location in the heart of the city
* Approximately 25,000 vehicles per day along Garvey Avenue
* Newly constructed in 2006
* Strong surrounding demographics with nearly 260,000 residents within 3 miles
* Median household income exceeding $81,000 within 3 miles
* Modern construction with lower maintenance and capital expenditure requirements
* Strong visibility and street frontage
* Located in a dense infill trade area with high barriers to entry
* Attractive long-term rental growth and appreciation potential