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10907-10911 Valley Mall 5,000 SF 64% Leased Retail Building El Monte, CA 91731 $2,197,272 CAD ($439.45 CAD/SF) 7.15% Cap Rate
Investment Highlights
- Prime San Gabriel Valley retail center priced below $1.6M with a significant value-add component makes 10907-10911 Main Street an ideal 1031 exchange.
- Perfect Owner/User Opportunity to occupy one of the two spaces currently leased on a MTM basis.
- Extremely Tight Market Fundamentals in Downtown El Monte with no vacancies under 5,000 SF along Main Street.
- Tremendous Value-Add Investment Opportunity through restructuring the existing below market leases to net lease structures.
- Central Downtown El Monte location just two blocks from the El Monte Metrolink station and surrounded by multiple new and planned residential projects
- Infill, Affluent Demographics with 218,965 residents having an average household income in excess of $106,848 within three miles.
Executive Summary
7.2% In-Place Cap Rate! 10907-10911 Main Street offers a rare opportunity for an investor or 1031 exchange buyer to purchase a value-add retail center in a highly sought-after San Gabriel Valley trade area. An Owner/User also has the exceptional ability to purchase the property and utilize one of the two spaces currently leased on a month-to-month basis.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built
1953
Price
$2,197,272 CAD
Price Per SF
$439.45 CAD
Cap Rate
7.15%
NOI
$157,192 CAD
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.15 AC
Zoning
C2
Parking
24 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
51’ on Valley Mall
Amenities
- Bus Line
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8575-020-002 | Improvements Assessment | $868,121 CAD |
| Land Assessment | $542,556 CAD | Total Assessment | $1,410,677 CAD |
Property Taxes
Parcel Number
8575-020-002
Land Assessment
$542,556 CAD
Improvements Assessment
$868,121 CAD
Total Assessment
$1,410,677 CAD
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10907-10911 Valley Mall
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