Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Current in place rent average $1.35 p/SF modified gross, significantly below current market rate for similar assets in the trade area.
  • At the current list price the property is being offered for sale below replacement cost
  • Most leases are gross month-to-month (except Dollar Tree and Wen's Doughnuts), offering the new owner a chance to reposition the property.
  • Retail corridor in the trade area and home to a dynamic mix tenants that include Superior Grocers, CVS, Habit Burger, Panda Express, Autozone etc.

Executive Summary

CBRE, Inc. is pleased to present 2027-2037 Durfee Avenue, a rare value-add multi-tenant shopping center, located at one of the busiest intersections in the city of South El Monte. The shopping center is located at the intersection of Durfee Avenue (29,200 CPD) and Peck Road (12,400 CPD) with other retailers at the intersection that include Superior Grocers, CVS, Habit Burger, Panda Express, Autozone, Jack in the Box, Starbucks, and many others. The property is anchored by Dollar Tree and includes six (6) local retail tenants with all (except Wen’s Donuts) operating on gross, month-to-month leases. With average in-place rents at the subject property of just $1.35/SF modified gross, the rents are significantly below market for similar properties in the immediate trade area. A new owner will have the opportunity to purchase the subject property well below replacement cost, and either redevelop the property in the future, or reposition the existing asset, and substantially increase rents as the current leases expire.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
27,556 SF
Building Class
C
Year Built
1963
Price
$9,452,494 CAD
Price Per SF
$343.03 CAD
Cap Rate
6.22%
NOI
$587,993 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
2.31 AC
Zoning
C - Commercial
Parking
130 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
225’ on Durfee Ave

Amenities

  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Aqua
  • Retailer
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.

  • Dos Amigos Check Cashing
  • Finance and Insurance
  • -
  • -
  • -
  • Fabiolas Insurance & Services
  • Finance and Insurance
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Winchell’s Donut House was founded on October 8, 1948, by Verne Winchell in Temple City, California. Headquartered in City of Industry, CA, the company operates locations across six U.S. states—primarily in the Western region—as well as in Guam and Saipan. The privately held brand is operated under Yum Yum Donut Shops, Inc. since its acquisition in 2004. Offering over 70 varieties of donuts and bakery items, Winchell’s is recognized for its “Warm ’n Fresh” slogan and the practice of selling 14 donuts per dozen. The current president of Winchell’s Donut House is Bob Zanolli.

Tenant Industry SF Occupied Rent/SF Lease End
Aqua Retailer - - -
Retailer - - -
Dos Amigos Check Cashing Finance and Insurance - - -
Fabiolas Insurance & Services Finance and Insurance - - -
Retailer - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

Superior Grocers
The Habit Burger Grill
Waba Grill
Starbucks

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 8114-002-018
  • 8114-002-016
  • 8114-002-017
Land Assessment
$4,717,792 CAD
Improvements Assessment
$3,068,137 CAD
Total Assessment
$7,785,930 CAD
  • Listing ID: 37412325

  • Date on Market: 2025-08-25

  • Last Updated:

  • Address: 2027-2037 Durfee Ave, South El Monte, CA 91733

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}