Monrovia, CA
Commercial Real Estate Market Trends & Data

$621 per SF Avg asking sale price
$27 per SF Avg asking lease rate
5,974 SF Avg unit lease size
10,109 SF Avg building size for sale
4.75% Average cap rate

Monrovia's Demographic Profile

Monrovia has 13,696 households and a median income of $92,559, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 36,096
# Households 13,696
Median age 42
Median household income $92,559
Avg household size 3.0
Renter-occupied housing units 7,381
5-year population change -3%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Monrovia $616 8,833 SF 5.52%
Duarte $368 14,289 SF 5.52%
Irwindale $609 16,649 SF 5.01%
Arcadia $713 15,309 SF 5.52%
Azusa $279 14,688 SF 6.25%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Monrovia $392 13,174 SF 5.03%
Duarte $316 16,578 SF 5.70%
Irwindale $352 18,130 SF 6.01%
Arcadia $464 12,168 SF 3.94%
Azusa $307 16,175 SF 6.25%
Nearby Retail Markets Avg Cost/SF Typical Size
Monrovia $797 7,661 SF
Duarte $441 16,718 SF
Irwindale $489 18,483 SF
Arcadia $744 8,326 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Monrovia $772 9,189 SF 5.50%
Irwindale $617 8,337 SF 5.78%
Arcadia $548 9,828 SF 5.41%
Azusa $424 29,699 SF 5.78%

Commercial Properties For Sale in Monrovia

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

125 W Maple Ave

Monrovia, CA 91016

  • 9,844 SF Industrial Building
  • $3,700,000
For Sale

510 S Myrtle Ave

Monrovia, CA 91016

  • 1,417 SF Retail Building
  • $895,000
For Sale

Jack in the Box

Arcadia, CA 91006

  • 2,556 SF Retail Building
  • $2,500,000
For Sale

21 W Duarte Rd

Arcadia, CA 91007

  • 4,590 SF Office Building
  • $4,195,000
For Sale

400 E Live Oak Ave

Arcadia, CA 91006

  • 37,256 SF Office Building
  • $11,000,000
For Sale

11 W Duarte Rd

Arcadia, CA 91007

  • 1,800 SF Retail Building
  • $2,100,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Monrovia pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Monrovia $621 10,109 SF
Duarte $374 15,393 SF
Irwindale $383 17,334 SF
Arcadia $637 14,294 SF

Regional Demographic Comparison

This comparison places Monrovia alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Monrovia or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Monrovia 36,096 13,696 42 $92,559 3 7,381 -3%
Bradbury 919 313 59 $116,606 3 95 1%
Duarte 20,801 7,067 45 $87,110 3 2,686 -3%
Irwindale 1,379 383 38 $100,500 4 126 -4%
Arcadia 55,145 18,698 45 $104,971 3 7,800 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Monrovia, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Monrovia

View All Commercial Real Estate For Sale in Monrovia
Is Monrovia a good market for a first-time commercial real estate investor?

Monrovia offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Monrovia?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Monrovia. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Monrovia?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Monrovia. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Monrovia compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Monrovia. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Monrovia acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Monrovia, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends