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638 S Atlantic Blvd 8,324 SF Retail Building Monterey Park, CA 91754 $5,280,000 ($634.31/SF) 5.12% Cap Rate

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Investment Highlights

Signalized Corner / Hard Corner Location S Atlantic Blvd | High-Visibility Location
Standalone Building
Highly Functional Layout for Professional Services

Easy access to major freeways
Ample On-Site Parking

Executive Summary

A rare commercial property along the high-traffic Atlantic Boulevard corridor, offering exceptional visibility and strong customer draw. This well-located site is ideal for retail, office, or owner-user purposes, with excellent frontage, steady foot and vehicle traffic, and convenient access to major freeways. Surrounded by dense residential neighborhoods and established businesses, the property provides outstanding long-term value and an attractive opportunity for investors or owner-users seeking a prime Monterey Park location. Strong bank tenant, a part of bank network in DTLA, Arcadia, San Marino, San Gabriel, Temple City. Current lease will expire in 2027, with one 5-years option.

638 S Atlantic Blvd Brochure 021226

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Bank

Building Size

8,324 SF

Building Class

Year Built

1980

Price

$5,280,000

Price Per SF

$634.31

Cap Rate

5.12%

NOI

$270,336

Tenancy

Single

Building Height

2 Stories

Building FAR

0.63

Lot Size

0.30 AC

Zoning

C4CD, Monterey Park

Parking

28 Spaces (3.36 Spaces per 1,000 SF Leased)

Frontage

148’ on Atlantic Blvd

Finance and Insurance
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Jan 0000

CTBC Bank is a leading Taiwanese commercial bank headquartered in Taipei City. Established on March 14, 1966, the bank has grown into one of the most internationalized financial institutions in Taiwan, offering a full suite of services including deposits, loans, wealth management, trade finance, and digital banking. CTBC Bank operates under CTBC Financial Holding Co., Ltd., which was formed in 2002. The bank has a strong presence in Asia and North America, with subsidiaries and branches in countries such as the United States, Canada, Japan, Thailand, and the Philippines. CTBC Bank is publicly traded on the Taiwan Stock Exchange under ticker symbol 2891.TT and employs over 27,000 people worldwide. It is recognized for pioneering innovations in Taiwan’s banking sector, including issuing the country’s first credit card and advancing digital banking solutions.