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Target, El Monte 3548-3610 Peck Rd 148,834 SF 100% Leased Retail Building El Monte, CA 91731 $48,220,351 CAD ($323.99 CAD/SF) 5% Cap Rate



Investment Highlights
- National Investment Grade Tenant
- Densely Populated, Infill, High Income, And Expanded Trade Area
- 125,974 SF freestanding retail building on 8.31 acres.
- Passive Investment Opportunity
- Strong Demographics and location
- Excellent visibility at a signalized intersection with pylon signage.
Executive Summary
3548-3610 Peck Rd presents a premier investment opportunity featuring a fully leased retail property anchored by a national investment-grade tenant. This 125,974-square-foot freestanding building is situated on an 8.31-acre parcel in a densely populated, high-income trade area of El Monte, California.
The property offers a passive, long-term investment with a strong tenant covenant and a 5% capitalization rate. It is strategically located at a signalized intersection with excellent visibility and access, supported by robust area demographics and a thriving retail corridor. The site includes 300 surface parking spaces, providing a ratio of 2.38 spaces per 1,000 square feet, and benefits from prominent pylon signage.
With its combination of stable income, prime location, and strong market fundamentals, this asset is an ideal acquisition for investors seeking a secure, income-producing property in the Los Angeles metropolitan area
The property offers a passive, long-term investment with a strong tenant covenant and a 5% capitalization rate. It is strategically located at a signalized intersection with excellent visibility and access, supported by robust area demographics and a thriving retail corridor. The site includes 300 surface parking spaces, providing a ratio of 2.38 spaces per 1,000 square feet, and benefits from prominent pylon signage.
With its combination of stable income, prime location, and strong market fundamentals, this asset is an ideal acquisition for investors seeking a secure, income-producing property in the Los Angeles metropolitan area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
148,834 SF
Building Class
C
Year Built/Renovated
1987/2024
Price
$48,220,351 CAD
Price Per SF
$323.99 CAD
Cap Rate
5%
NOI
$2,411,071 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
8.31 AC
Zoning
C2,C3 - General Commercial
Parking
215 Spaces (1.44 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8567-015-059 | Improvements Assessment | $23,443,478 CAD |
| Land Assessment | $24,462,959 CAD | Total Assessment | $47,906,437 CAD |
Property Taxes
Parcel Number
8567-015-059
Land Assessment
$24,462,959 CAD
Improvements Assessment
$23,443,478 CAD
Total Assessment
$47,906,437 CAD
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Target, El Monte | 3548-3610 Peck Rd
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