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9010 Garvey Ave
Rosemead, CA 91770
Value-add 45K sf Multi-tenant Center West SGV · Retail Property For Sale
Investment Highlights
- Value-add retail with significant rental upside and strong fundamentals. Proforma CAP Rate of 8.32% - 53% Rental Upside
- Extremely rare large ±2.6acre site with C3-MU-DO-DO (Commercial/Mixed-Use) zoning on Garvey Ave
- Highly desirable Single-story construction for ease of maintenance and room to grow; First time for sale since 2006, Close to 20 years ownership!
- Excellent location on Garvey Ave with high traffic count and high demand for retail spaces; adjacent to San Gabriel and Alhambra
- Excellent Hard Corner location with ±285ft Garvey Ave frontage; Highly visible 1 Pylon sign and 2 monument signs along Garvey Ave
- Traffic count: ±23,705 CPD and ±77,000 CPD on Garvey Ave and Rosemead Blvd; Zoning C3-MU-DO-DO (Commercial/Mixed-Use) offering multiple re-development
Property Facts
Property Type
Retail
Property Subtype
Building Size
44,805 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
2.60 AC
Zoning
C3-MU - COMMERCIAL MIXED USE
Parking
143 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
285’ on Garvey Ave
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 5282-026-047 | Improvements Assessment | $4,496,067 |
| Land Assessment | $7,855,140 | Total Assessment | $12,351,207 |
Property Taxes
Parcel Number
5282-026-047
Land Assessment
$7,855,140
Improvements Assessment
$4,496,067
Total Assessment
$12,351,207
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