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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400 SF | Jun 2028 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Rare opportunity to acquire an established, turn-key beverage and cafe establishment prominently situated along Monterey Park’s premier retail artery on Garvey Avenue. Spanning approx. 1,400 SF with ~40 interior seats, this versatile space features grand high ceilings, an efficient prep kitchen (no grease trap, no hood), and a flexible second-floor mezzanine currently used for dry storage with excellent potential for conversion into an ambient guest seating lounge. Unbeatably co-tenanted directly between two powerhouse dining anchors—Chubby Cattle (all-you-can-eat Wagyu) and Mama Lu’s Dumpling House—generating massive built-in foot traffic, dense dinner queues, and non-stop grab-and-go exposure. Offered at an ultra-low key money price of $85,000, including all furniture, fixtures, and equipment (FF&E), transferable lease value, existing build-out, backed by vendor introductions, staff transition support (8 experienced employees), and a seller Non-Compete Agreement. Current rent is approx. $4,000+/month (Base Rent + CAM + Water included, plus ~$200 additional fees for security). A proven, highly stable trade location operating successfully since 2011—an ideal plug-and-play platform for boba, specialty coffee, or dessert concepts. Strictly confidential; do not disturb ongoing operations or employees. Showings and full disclosure packages available by appointment only.
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Plug & Play
- Key Money $85,000.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 501 W Garvey Ave, Monterey Park, CA 91754
- Tenant
- Description
- US Locations
- Reach
- KOWLOON REALTY, INC.
- -
- 1
- -
- Mama Lu Dumpling House
- Restaurant
- 1
- -
- Master Joyful Business Group
- Professional, Scientific, and Technical Services
- 1
- -
- Shaulin Kung Fu
- Fitness
- 1
- -
- Starkids Learning Center
- Educational Services
- 1
- -
- Tea Brick
- Nutrition Center
- 1
- -
| Tenant | Description | US Locations | Reach |
| KOWLOON REALTY, INC. | - | 1 | - |
| Mama Lu Dumpling House | Restaurant | 1 | - |
| Master Joyful Business Group | Professional, Scientific, and Technical Services | 1 | - |
| Shaulin Kung Fu | Fitness | 1 | - |
| Starkids Learning Center | Educational Services | 1 | - |
| Tea Brick | Nutrition Center | 1 | - |
Property Facts
| Total Space Available | 1,400 SF | Gross Leasable Area | 24,706 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.02/1,000 SF |
| Total Space Available | 1,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 24,706 SF |
| Year Built | 2005 |
| Parking Ratio | 2.02/1,000 SF |
Features and Amenities
- Bus Line
- Signage
Nearby Major Retailers
Presented by
501 W Garvey Ave
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